Freedom Score
Panama to Iraq: tax & freedom compared
How does Iraq score against Panama? The Freedom Score weighs six dimensions, built on primary government sources.
Net per month€1,236
Per year vs. Panama-€1,898
Low flat-like levy · Territorial system · Oil economy
Tax
64/100
Residency
36/100
Cost of living
82/100
Living environment
35/100
Mobility
72/100
Ownership
20/100
Compared by dimension
On an average Panama income of €18,000 gross per year, you keep €14,835 net in Iraq: a difference of €1,898 per year compared with Panama.
- Tax: on this income Iraq lands at an effective rate of about 18%, against 7% in Panama.
- Passport and mobility: from Iraq you travel visa-free to 8 countries.
- Residency: on our accessibility scale Iraq scores 36 out of 100 for obtaining residency.
- Living environment: banking, internet, safety and healthcare together give Iraq a living-environment score of 35 out of 100.
Frequently asked questions
- What is the financial difference between Panama and Iraq?
- On an average Panama income it differs by roughly €1,898 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