Freedom Score

Cayman Islands to Albania: tax & freedom compared

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

Net per month€3,831
Per year vs. Cayman Islands-€11,029

Top rate 23% · Very low costs · Mediterranean coast

Tax

59/100

Residency

80/100

Cost of living

100/100

Living environment

58/100

Mobility

95/100

Ownership

7/100

Compared by dimension

On an average Cayman Islands income of €60,000 gross per year, you keep €45,971 net in Albania: a difference of €11,029 per year compared with Cayman Islands.

  • Tax: on this income Albania lands at an effective rate of about 23%, against 5% in Cayman Islands.
  • Passport and mobility: from Albania you travel visa-free to 121 countries.
  • Residency: on our accessibility scale Albania scores 80 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Albania a living-environment score of 58 out of 100.

Frequently asked questions

What is the financial difference between Cayman Islands and Albania?
On an average Cayman Islands income it differs by roughly €11,029 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