Freedom Score
Panama to Austria: tax & freedom compared
How does Austria score against Panama? The Freedom Score weighs six dimensions, built on primary government sources.
Net per month€1,229
Per year vs. Panama-€1,986
EU membership · High quality of life · No wealth or inheritance tax
Tax
80/100
Residency
52/100
Cost of living
4/100
Living environment
84/100
Mobility
76/100
Ownership
80/100
Compared by dimension
On an average Panama income of €18,000 gross per year, you keep €14,747 net in Austria: a difference of €1,986 per year compared with Panama.
- Tax: on this income Austria lands at an effective rate of about 18%, against 7% in Panama.
- Passport and mobility: from Austria you travel visa-free to 189 countries.
- Residency: on our accessibility scale Austria scores 52 out of 100 for obtaining residency.
- Living environment: banking, internet, safety and healthcare together give Austria a living-environment score of 84 out of 100.
Frequently asked questions
- What is the financial difference between Panama and Austria?
- On an average Panama income it differs by roughly €1,986 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