Freedom Score

Liechtenstein to Faroe Islands: tax & freedom compared

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

Net per month€4,187
Per year vs. Liechtenstein-€24,692

Tax

28/100

Residency

56/100

Cost of living

100/100

Living environment

80/100

Mobility

95/100

Ownership

50/100

Compared by dimension

On an average Liechtenstein income of €84,000 gross per year, you keep €50,242 net in Faroe Islands: a difference of €24,692 per year compared with Liechtenstein.

  • Tax: on this income Faroe Islands lands at an effective rate of about 40%, against 11% in Liechtenstein.
  • Passport and mobility: from Faroe Islands you travel visa-free to 189 countries.
  • Residency: on our accessibility scale Faroe Islands scores 56 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Faroe Islands a living-environment score of 80 out of 100.

Frequently asked questions

What is the financial difference between Liechtenstein and Faroe Islands?
On an average Liechtenstein income it differs by roughly €24,692 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