Freedom Score

Bahamas to Turks & Caicos Islands: tax & freedom compared

How does Turks & Caicos Islands score against Bahamas? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€3,660
Per year vs. Bahamas-€4,080

0% income tax · British Overseas Territory · US dollar

Tax

85/100

Residency

64/100

Cost of living

47/100

Living environment

65/100

Mobility

84/100

Ownership

9/100

Compared by dimension

On an average Bahamas income of €48,000 gross per year, you keep €43,920 net in Turks & Caicos Islands: a difference of €4,080 per year compared with Bahamas.

  • Tax: on this income Turks & Caicos Islands lands at an effective rate of about 9%, against 0% in Bahamas.
  • Passport and mobility: from Turks & Caicos Islands you travel visa-free to 182 countries.
  • Residency: on our accessibility scale Turks & Caicos Islands scores 64 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Turks & Caicos Islands a living-environment score of 65 out of 100.

Frequently asked questions

What is the financial difference between Bahamas and Turks & Caicos Islands?
On an average Bahamas income it differs by roughly €4,080 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