Freedom Score

Russia to Iceland: tax & freedom compared

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

Net per month€1,440
Per year vs. Russia+€3,053

Safe Nordic country · EEA access · No wealth tax

Tax

94/100

Residency

47/100

Cost of living

0/100

Living environment

88/100

Mobility

67/100

Ownership

7/100

Compared by dimension

On an average Russia income of €18,000 gross per year, you keep €17,280 net in Iceland: a difference of €3,053 per year compared with Russia.

  • Tax: on this income Iceland lands at an effective rate of about 4%, against 21% in Russia.
  • Passport and mobility: from Iceland you travel visa-free to 181 countries.
  • Residency: on our accessibility scale Iceland scores 47 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Iceland a living-environment score of 88 out of 100.

Frequently asked questions

How much do I save by moving from Russia to Iceland?
On an average Russia income it differs by roughly €3,053 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