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Working in Liberia
Find out how to get a job and work in Liberia
The economy of Liberia is underdeveloped and still suffering, with the country one of the poorest in the world. As such, finding opportunities for working in Liberia can be difficult for expats. The exception to this are roles such as humanitarian aid workers and diplomatic staff.
Employment in Liberia
The primary form of currency in Liberia is the Liberian Dollar. The country experiences a large amount of foreign investment, with 16 billion USD of investment registered since 2006. The country is in the process of obtaining full-member status of the World Trade Organization, and as of 2010 was granted observer status.
The vast majority of Liberians rely on subsistence farming to survive and the country’s climate provides good conditions for agriculture. Liberia’s exports consist largely of raw goods such as rubber and iron ore. Any domestic manufacturing that does exist is primarily foreign-owned.
Work Permits in Liberia
Expatriates looking to work in Liberia need a work permit; this process is easier for permanent employees than contractors, as the work permits are tied to employer and a new one is required if you change jobs. The work permit is applied by your employer, and it can be applied for, and obtained from the Liberian Ministry of Labor.
Taxation in Liberia
Individual tax rates for resident individuals in Liberia are determined in accordance with the following, progressive framework:
- Up to 70,000 LRD — 0%
- 70,001–200,000 LRD — 5%
- 200,001–800,000 LRD — 15%
- Above 800,001 LRD — 25%
Please note that any non-monetary benefits and gifts from the employer to the employee are taxed as personal income at 100% market value if the aggregate value of the gifts and benefits exceeds 100,000 LRD.
Do you want to relocate? If you have never moved abroad, the process will be overwhelming, and if you have, you know the burden that lies ahead. Whatever stage you are at, InterNations GO! can help you with a complete set of relocation services, such as home finding, school search, visa solutions, and even pet relocation. Our expert expat team is ready to get your relocation going, so why not jump-start your move abroad and contact us today? Best to start early!