Freedom Score

China to Faroe Islands: tax & freedom compared

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

Net per month€1,198
Per year vs. China-€4,119

Tax

40/100

Residency

80/100

Cost of living

17/100

Living environment

80/100

Mobility

61/100

Ownership

85/100

Compared by dimension

On an average China income of €21,600 gross per year, you keep €14,374 net in Faroe Islands: a difference of €4,119 per year compared with China.

  • Tax: on this income Faroe Islands lands at an effective rate of about 33%, against 14% in China.
  • Passport and mobility: from Faroe Islands you travel visa-free to 189 countries.
  • Residency: on our accessibility scale Faroe Islands scores 80 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 China and Faroe Islands?
On an average China income it differs by roughly €4,119 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.
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Figures from primary government sources. Information, not advice.

Sources

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