Freedom Score
South Africa to Bermuda: tax & freedom compared
How does Bermuda score against South Africa? The Freedom Score weighs six dimensions, built on primary government sources.
Net per month€1,355
Per year vs. South Africa+€1,147
No income tax · Insurance hub · USD peg
Tax
83/100
Residency
37/100
Cost of living
0/100
Living environment
73/100
Mobility
58/100
Ownership
3/100
Compared by dimension
On an average South Africa income of €18,000 gross per year, you keep €16,255 net in Bermuda: a difference of €1,147 per year compared with South Africa.
- Tax: on this income Bermuda lands at an effective rate of about 10%, against 16% in South Africa.
- 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 South Africa to Bermuda?
- On an average South Africa income it differs by roughly €1,147 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