Leo, after discussing ideal locations for long-term immigration, let's address the crucial aspects: taxation, retirement, and social rights. Understanding the financial landscape is vital for those planning a permanent move. Let's begin with Kazakhstan.
Their system strives for simplicity. Long-term immigrants typically pay income tax at a flat rate, making budgeting straightforward. For retirement, contributions to a unified accumulative pension fund are mandatory. This provides a degree of security in old age.
Kazakhstan also offers access to public healthcare through mandatory social medical insurance for those officially employed, including sick leave and maternity benefits. It provides a social safety net.
Now, let's consider Namibia. Their income tax system is progressive, with higher earners paying a larger percentage, up to 37%. This requires more careful financial planning. Their National Pension Fund is mandatory for employed individuals, covering retirement, disability, and death benefits. However, accessing these benefits for non-citizens might require careful planning.
Namibia's public healthcare system, particularly outside major cities, is more basic. Many long-term immigrants opt for private healthcare insurance. Therefore, budgeting for private health insurance is crucial.
In summary, Kazakhstan offers a more unified approach with a flat tax and comprehensive social medical insurance. Namibia's system emphasizes personal responsibility, particularly regarding healthcare. The best choice depends on individual financial preferences and comfort levels with different social safety nets.