Cuba
How Cuba performs
Tax
High taxes. Cuba has one of the heaviest tax burdens in the index, 119th of 123. A large share of income and profit goes to tax, so it suits people who are not moving for tax reasons. Personal income tax 5-50%, corporate tax 35%, VAT 10%.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Some concerns. Cuba is less peaceful than most countries in the index (87th of 117). Look closely at the area you would live in.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Average cost. Everyday costs are mid-table: Cuba is 61st of 118.
Source: Numbeo Cost of Living Index
Education
Weak education. Cuba has one of the weakest education systems in the index, 107th of 120. Families will likely need international or private schooling.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 35% |
|---|---|
| Personal income tax | 5-50% Applicable tax rate varies based on the amount of income earned. |
| Standard VAT | 10% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 5 years
- Language requirement
- Yesmust include an officially recognized Spanish language certificate.
- Investment Immigration Pathway
- Not applicable
- Official language
- SpanishHaitian Creole and English are also widely used
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