Freedom Score

Canada to Cyprus: tax & freedom compared

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

Net per month€3,462
Per year vs. Canada-€4,098

Non-dom · 0% dividends and interest · EU member

Tax

56/100

Residency

80/100

Cost of living

64/100

Living environment

68/100

Mobility

93/100

Ownership

85/100

Compared by dimension

On an average Canada income of €58,800 gross per year, you keep €41,542 net in Cyprus: a difference of €4,098 per year compared with Canada.

  • Tax: on this income Cyprus lands at an effective rate of about 29%, against 22% in Canada.
  • Passport and mobility: from Cyprus you travel visa-free to 175 countries.
  • Residency: on our accessibility scale Cyprus scores 80 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Cyprus a living-environment score of 68 out of 100.

Frequently asked questions

What is the financial difference between Canada and Cyprus?
On an average Canada income it differs by roughly €4,098 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