Freedom Score

Norway to Bermuda: tax & freedom compared

How does Bermuda score against Norway? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€5,193
Per year vs. Norway+€15,004

No income tax · Insurance hub · USD peg

Tax

91/100

Residency

37/100

Cost of living

8/100

Living environment

73/100

Mobility

98/100

Ownership

3/100

Compared by dimension

On an average Norway income of €66,000 gross per year, you keep €62,311 net in Bermuda: a difference of €15,004 per year compared with Norway.

  • Tax: on this income Bermuda lands at an effective rate of about 6%, against 28% in Norway.
  • Passport and mobility: from Bermuda you travel visa-free to 149 countries.
  • Residency: on our accessibility scale Bermuda scores 37 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Bermuda a living-environment score of 73 out of 100.

Frequently asked questions

How much do I save by moving from Norway to Bermuda?
On an average Norway income it differs by roughly €15,004 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