Freedom Score

Barbados to Faroe Islands: tax & freedom compared

How does Faroe Islands score against Barbados? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€1,552
Per year vs. Barbados-€4,830

Tax

37/100

Residency

56/100

Cost of living

88/100

Living environment

80/100

Mobility

89/100

Ownership

50/100

Compared by dimension

On an average Barbados income of €28,800 gross per year, you keep €18,629 net in Faroe Islands: a difference of €4,830 per year compared with Barbados.

  • Tax: on this income Faroe Islands lands at an effective rate of about 35%, against 19% in Barbados.
  • Passport and mobility: from Faroe Islands you travel visa-free to 189 countries.
  • Residency: on our accessibility scale Faroe Islands scores 56 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Faroe Islands a living-environment score of 80 out of 100.

Frequently asked questions

What is the financial difference between Barbados and Faroe Islands?
On an average Barbados income it differs by roughly €4,830 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
Is this tax advice?
No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
What sources is this based on?
The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Order report · €29

Figures from primary government sources. Information, not advice.

Sources

OECD Tax Database · IATA Timatic · Henley Visa Index · Eurostat