Iran vs Israel: Taxation, Retirement and Social Rights for Long-Term Immigrants

Welcome to Jetoff.ai detailed comparison between Iran and Israel, focusing specifically on the criterion of Taxation, Retirement and Social Rights for Long-Term Immigrants. This analysis aims to provide you with clear insights.

Summary & Key Insights

Average Income Tax Rate for Iran is 10%, for Israel is 23%

Pros & Cons

Iran

Pros
  • Access to reduced-cost public healthcare, Potential social security benefits
Cons
  • Complex tax laws, Long wait times for public services

Israel

Pros
  • Universal healthcare coverage
Cons
  • Strict requirements for work permits, Potential for long wait times in public system.

Taxation, Retirement and Social Rights for Long-Term Immigrants

Mira:

Let's discuss taxation, retirement, and social security for long-term immigrants in Iran and Israel. In Iran, foreign workers with permits pay income tax and contribute to the social security system, potentially receiving benefits later. However, Iranian tax laws are complex; professional guidance is recommended.

Leo:

In Israel, even EU citizens need work permits and tax IDs for long-term residency. Once established, social security provides healthcare and eventual retirement benefits. The "Bituach Leumi" national insurance system is a key component.

Mira:

Retirement ages and contribution requirements in both countries vary and should be researched carefully. Iran employs a progressive income tax system with variable VAT rates, while Israel's VAT is more standardized.

Leo:

Regarding social benefits, Iran offers reduced-cost public hospital access, but expect potential long wait times. Israel's universal healthcare system generally covers contributors, although private insurance offers faster service and better amenities.

Mira:

Understanding Iran's SGK pension system is crucial for long-term residents. Both countries have complex systems, so consulting experts is highly advisable. Thorough research and planning are essential for navigating these systems effectively.

Leo:

Precisely. Careful planning and professional advice can significantly ease the process.

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