Freedom Score

Cyprus to Turks & Caicos Islands: tax & freedom compared

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

Net per month€2,196
Per year vs. Cyprus+€2,750

0% income tax · British Overseas Territory · US dollar

Tax

85/100

Residency

64/100

Cost of living

0/100

Living environment

65/100

Mobility

91/100

Ownership

9/100

Compared by dimension

On an average Cyprus income of €28,800 gross per year, you keep €26,352 net in Turks & Caicos Islands: a difference of €2,750 per year compared with Cyprus.

  • Tax: on this income Turks & Caicos Islands lands at an effective rate of about 9%, against 18% in Cyprus.
  • 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 Cyprus and Turks & Caicos Islands?
On an average Cyprus income it differs by roughly €2,750 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