Let's discuss taxation, retirement, and social rights for long-term immigrants in Egypt and Sudan.
A challenging topic, but important. How do these countries treat long-term immigrants regarding taxes and retirement?
In Egypt, resident immigrants are generally taxed on their worldwide income, regardless of currency.
So, the taxman claims his share, no matter where the money is earned. What are the tax rates?
Egypt uses a progressive tax system; higher income means higher tax rates.
And Sudan?
Sudan also taxes residents on worldwide income, but the rates and regulations are less predictable.
Less predictable is an understatement. What about retirement? Can immigrants retire comfortably in either country?
In Egypt, contributions to the social insurance system qualify one for a pension, though it might not be lavish. Years of contribution are required.
And Sudan?
Sudan's social security system is developing, so retirement benefits for immigrants might be limited. Saving is crucial.
What about healthcare and education access?
In Egypt, long-term residents can access public healthcare, but quality varies. Private healthcare is an alternative. Education is available, but quality varies; private schools are an option.
Sudan's situation is similar?
Yes, Sudan faces similar challenges with healthcare and education access; resources are limited.
Are there any worker protections?
Both countries offer legal protections for workers, but enforcement can be inconsistent. Knowing your rights is essential.
Thank you, Mira. That was informative.
You're welcome, Leo.