Cayman Islands to Papua New Guinea: tax & freedom compared

Compared by dimension

On an average Cayman Islands income of €60,000 gross per year, you keep €34,367 net in Papua New Guinea: a difference of €22,633 per year compared with Cayman Islands.

• Tax: on this income Papua New Guinea lands at an effective rate of about 43%, against 5% in Cayman Islands.
• Passport and mobility: from Papua New Guinea you travel visa-free to 45 countries.
• Residency: on our accessibility scale Papua New Guinea scores 42 out of 100 for obtaining residency.
• Living environment: banking, internet, safety and healthcare together give Papua New Guinea a living-environment score of 34 out of 100.

Frequently asked questions

What is the financial difference between Cayman Islands and Papua New Guinea?

On an average Cayman Islands income it differs by roughly €22,633 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.