Freedom Score

Cayman Islands to Vatican City: tax & freedom compared

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

Net per month€5,000
Per year vs. Cayman Islands+€3,000

World's smallest state · No income tax · No immigration

Tax

100/100

Residency

20/100

Cost of living

100/100

Living environment

43/100

Mobility

95/100

Ownership

5/100

Compared by dimension

On an average Cayman Islands income of €60,000 gross per year, you keep €60,000 net in Vatican City: a difference of €3,000 per year compared with Cayman Islands.

  • Tax: on this income Vatican City lands at an effective rate of about 0%, against 5% in Cayman Islands.
  • Passport and mobility: from Vatican City you travel visa-free to 175 countries.
  • Residency: on our accessibility scale Vatican City scores 20 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Vatican City a living-environment score of 43 out of 100.

Frequently asked questions

What is the financial difference between Cayman Islands and Vatican City?
On an average Cayman Islands income it differs by roughly €3,000 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