Freedom Score

Cayman Islands to Mexico: tax & freedom compared

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

Net per month€3,708
Per year vs. Cayman Islands-€12,509

Residency in weeks · No inheritance or wealth tax · World's largest expat community

Tax

62/100

Residency

89/100

Cost of living

100/100

Living environment

58/100

Mobility

95/100

Ownership

85/100

Compared by dimension

On an average Cayman Islands income of €60,000 gross per year, you keep €44,491 net in Mexico: a difference of €12,509 per year compared with Cayman Islands.

  • Tax: on this income Mexico lands at an effective rate of about 26%, against 5% in Cayman Islands.
  • Passport and mobility: from Mexico you travel visa-free to 157 countries.
  • Residency: on our accessibility scale Mexico scores 89 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Mexico a living-environment score of 58 out of 100.

Frequently asked questions

What is the financial difference between Cayman Islands and Mexico?
On an average Cayman Islands income it differs by roughly €12,509 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