Freedom Score

Cayman Islands to Philippines: tax & freedom compared

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

Net per month€3,689
Per year vs. Cayman Islands-€12,729

0% up to PHP 250,000 · English-speaking · Easy retiree visa

Tax

53/100

Residency

78/100

Cost of living

100/100

Living environment

65/100

Mobility

95/100

Ownership

45/100

Compared by dimension

On an average Cayman Islands income of €60,000 gross per year, you keep €44,271 net in Philippines: a difference of €12,729 per year compared with Cayman Islands.

  • Tax: on this income Philippines lands at an effective rate of about 26%, against 5% in Cayman Islands.
  • Passport and mobility: from Philippines you travel visa-free to 65 countries.
  • Residency: on our accessibility scale Philippines scores 78 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Philippines a living-environment score of 65 out of 100.

Frequently asked questions

What is the financial difference between Cayman Islands and Philippines?
On an average Cayman Islands income it differs by roughly €12,729 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