Freedom Score

South Korea to Tuvalu: tax & freedom compared

How does Tuvalu score against South Korea? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€3,800
Per year vs. South Korea+€8,473

Low-lying Pacific atolls · No income tax · Climate risk

Tax

100/100

Residency

46/100

Cost of living

77/100

Living environment

26/100

Mobility

96/100

Ownership

25/100

Compared by dimension

On an average South Korea income of €45,600 gross per year, you keep €45,600 net in Tuvalu: a difference of €8,473 per year compared with South Korea.

  • Tax: on this income Tuvalu lands at an effective rate of about 0%, against 19% in South Korea.
  • Passport and mobility: from Tuvalu you travel visa-free to 122 countries.
  • Residency: on our accessibility scale Tuvalu scores 46 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Tuvalu a living-environment score of 26 out of 100.

Frequently asked questions

What is the financial difference between South Korea and Tuvalu?
On an average South Korea income it differs by roughly €8,473 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