Freedom Score

Russia to Bermuda: tax & freedom compared

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

Net per month€1,355
Per year vs. Russia+€2,028

No income tax · Insurance hub · USD peg

Tax

83/100

Residency

37/100

Cost of living

0/100

Living environment

73/100

Mobility

61/100

Ownership

3/100

Compared by dimension

On an average Russia income of €18,000 gross per year, you keep €16,255 net in Bermuda: a difference of €2,028 per year compared with Russia.

  • Tax: on this income Bermuda lands at an effective rate of about 10%, against 21% in Russia.
  • 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 Russia to Bermuda?
On an average Russia income it differs by roughly €2,028 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