Freedom Score

Barbados to Mongolia: tax & freedom compared

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

Net per month€1,961
Per year vs. Barbados+€78

10% flat tax · Mining growth market · Low costs

Tax

70/100

Residency

34/100

Cost of living

100/100

Living environment

51/100

Mobility

83/100

Ownership

45/100

Compared by dimension

On an average Barbados income of €28,800 gross per year, you keep €23,536 net in Mongolia: a difference of €78 per year compared with Barbados.

  • Tax: on this income Mongolia lands at an effective rate of about 18%, against 19% in Barbados.
  • Passport and mobility: from Mongolia you travel visa-free to 60 countries.
  • Residency: on our accessibility scale Mongolia scores 34 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Mongolia a living-environment score of 51 out of 100.

Frequently asked questions

What is the financial difference between Barbados and Mongolia?
On an average Barbados income it differs by roughly €78 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