Freedom Score

Cyprus to Somalia: tax & freedom compared

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

Net per month€1,760
Per year vs. Cyprus-€2,486

Horn of Africa · Dollarized economy · Weak enforcement

Tax

52/100

Residency

29/100

Cost of living

100/100

Living environment

14/100

Mobility

90/100

Ownership

20/100

Compared by dimension

On an average Cyprus income of €28,800 gross per year, you keep €21,117 net in Somalia: a difference of €2,486 per year compared with Cyprus.

  • Tax: on this income Somalia lands at an effective rate of about 27%, against 18% in Cyprus.
  • Passport and mobility: from Somalia you travel visa-free to 35 countries.
  • Residency: on our accessibility scale Somalia scores 29 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Somalia a living-environment score of 14 out of 100.

Frequently asked questions

What is the financial difference between Cyprus and Somalia?
On an average Cyprus income it differs by roughly €2,486 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