Leo, let's discuss taxation, retirement, and social rights for long-term immigrants in Armenia and Iran. For those considering these countries, understanding these aspects is crucial.
Absolutely, Mira. Let's see how welcoming these nations are to long-term residents regarding their financial and social security.
Starting with Armenia: Imagine you've decided to live in Yerevan long-term. What's the tax situation like?
Armenia has a flat income tax rate. Simple, predictable, but perhaps a bit…uninspiring.
True. As a resident, you'll be taxed on your worldwide income.
Worldwide income? That means all income, regardless of its origin.
Precisely. Armenia also has social security contributions, essential for future retirement benefits.
Social security – the promise of a comfortable retirement. What about Iran's tax system?
Iran's system is progressive; higher earners pay higher rates. It's more complex than Armenia's.
A progressive system. Fairer, but potentially more daunting. Is worldwide income also taxed?
Yes, for Iranian residents. However, rates, brackets, exemptions, and deductions differ significantly from Armenia's.
Exemptions and deductions – the holy grail of tax planning! And Iran's social security?
Iran's system covers retirement, disability, and healthcare, funded by employer and employee contributions.
Healthcare is a significant factor in retirement planning. Both countries offer social safety nets, but what about retirement ages?
In Armenia, it's generally 63 for both men and women, requiring sufficient contribution years for a full pension.
63. Not bad. And Iran?
Iran's retirement age varies, generally around 60 for men and 55 for women, subject to certain conditions, and with contribution requirements.
So, Iran allows earlier retirement. What about social rights for long-term immigrants?
Social rights encompass healthcare, education, and other public services. In Armenia, legal residents generally have access.
Access is key, but what about the quality of those services?
The quality can vary. Healthcare might not match some Western countries, but it's generally accessible. Education is also available to legal residents.
Basic needs are met. What about Iran?
Long-term legal residents in Iran also have access to public services, but restrictions may apply based on visa status and nationality.
The usual caveats. So, the bottom line?
Both countries offer social rights, but the specifics are crucial. Thorough research is essential.
Indeed. Do your homework! Learn the language; it simplifies navigating the bureaucracy.
Precisely. For detailed advice, consult professionals.
Remember, preparation prevents problems.