Botswana

{"ftc_utility":"high","fbar_trigger_notes":"US expats working in Botswana will typically hold a Botswana Pula bank account. If aggregate balances across all foreign accounts exceed $10,000 at any point in the year, FBAR filing (FinCEN 114) is required. Botswana has no bank secrecy laws that would obscure accounts from US reporting.","ftc_utility_reason":"Botswana taxes resident individuals on worldwide income at progressive rates up to 25%. US expats paying Botswana income tax on earned income can claim the Foreign Tax Credit to offset US tax liability on the same income, reducing or eliminating US tax on Botswana-sourced earnings.","presence_day_count_notes":"Botswana generally grants visa-free entry to US citizens for up to 90 days. For longer stays, a residence or work permit is required. The 330-day physical presence test is achievable for permit holders; permit processing timelines can affect initial-year day counts.","typical_qualifying_method":"either","housing_exclusion_available":true,"physical_presence_test_applies":true,"estimated_housing_exclusion_usd":18000,"local_tax_rate_on_earned_income":0.25,"bona_fide_residence_test_applies":true}

{"pension_income":{"notes":"Foreign pension income received by a Botswana resident is subject to income tax at progressive rates up to 25%. Locally sourced pension income from Botswana-registered funds may benefit from specific exemptions under the Income Tax Act for approved pension fund distributions.","tax_rate":0.25,"locally_taxed":true},"social_security":{"notes":"No US-Botswana totalization or income tax treaty. US Social Security benefits received by a Botswana resident would be treated as foreign-source income and taxed under the standard progressive schedule.","locally_taxed":true,"treaty_protection":false},"roth_distributions":{"notes":"No treaty exists to exempt Roth distributions. Amounts received would be assessed under Botswana domestic rules as foreign income. Contributions are not deductible in Botswana; the tax treatment of the return-of-basis portion is not separately defined under Botswana law.","locally_taxed":true},"us_401k_ira_distributions":{"notes":"No US-Botswana income tax treaty exists. Distributions from US 401(k) or IRA accounts received by a Botswana tax resident would be treated as foreign-source income and taxed at progressive rates up to 25% if the individual is resident and Botswana taxes worldwide income.","tax_rate":0.25,"locally_taxed":true,"treaty_protection":false}}

{"rate":0.25,"notes":"Botswana does not have a standalone capital gains tax. Gains from disposal of assets are generally included in taxable income and subject to the standard progressive income tax rates, with a top rate of 25%.","details":{"tax_type":"Capital Gains Tax","country_name":"Botswana","country_iso_code":"BWA","source_references":["PwC Worldwide Tax Summaries - Botswana","Botswana Income Tax Act (Cap 52:01)"],"last_verified_date":"2026-06-03","general_description":"Botswana has no separate capital gains tax regime. Capital gains are treated as ordinary income under the Income Tax Act and taxed at the applicable progressive rates. Gains on disposal of property and securities are included in gross income. Certain exemptions may apply to gains on disposal of a primary residence, subject to conditions.","corporate_capital_gains":{"rate":0.22,"tax_treatment":"Gains included in taxable income and taxed at the standard corporate rate of 22%. Manufacturing companies may qualify for a reduced rate of 15%."},"individual_capital_gains":{"rate":0.25,"tax_treatment":"Gains included in taxable income and taxed at progressive individual rates up to 25%. No separate CGT schedule exists."}}}

{"notes":"Dividends paid by Botswana-resident companies to resident individuals are subject to a 7.5% withholding tax (WHT). Dividends paid to non-residents are subject to 7.5% WHT under domestic law, though tax treaties may reduce this. Dividends received by resident companies from other resident companies are generally exempt from further tax.","rates":[{"rate":0.075,"type":"withholding","notes":"Standard WHT rate on dividends paid to both resident and non-resident individuals. Final tax for resident individuals."},{"rate":0,"type":"exempt","notes":"Inter-company dividends received by a resident company from another resident company are generally exempt."}]}