Leo, let's discuss taxation, retirement, and social rights for long-term immigrants in Egypt and Jordan.
Certainly, Mira. Let's start with Egypt. For long-term residents, taxation applies to worldwide income, operating on a progressive system.
So, higher earners pay a larger percentage? What about Jordan?
Jordan generally taxes residents only on income earned within the country, with some exceptions. It's less extensive than Egypt's system.
That's a significant difference. What about retirement?
Both countries have social insurance systems. In Egypt, long-term contributors receive pensions; foreigners can participate but face bureaucratic hurdles. Jordan offers similar benefits based on contribution periods and eligibility.
And social rights? Healthcare and education access?
In Egypt, access depends on residency status and social insurance contributions. Jordan also offers some social services to legal residents, but private insurance is often advisable, particularly for healthcare.
So, private health insurance is recommended in both countries. Any final thoughts?
It's a complex area. Understand your obligations, plan carefully, seek professional advice, and consider learning some Arabic.
Excellent advice. Thank you, Leo.