🇵🇦 Panama vs 🇬🇷 Greece
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇦 Panama | 🇬🇷 Greece |
|---|---|---|
| Tax System | Territorial | Non-Dom Regime |
| Income Tax (Foreign) | 0% (foreign income) | €100k flat tax option |
| Capital Gains Tax | 0-10% | 0% (foreign, non-dom) |
| Corporate Tax | 25% | 22% |
| Residency Requirement | Friendly Nations Visa ($5,000) | Golden Visa (€250k property) |
| Minimum Stay | None required | None for visa |
| Cost of Living | Moderate ($1,500-2,500/mo) | Moderate ($1,800-3,000/mo) |
🇵🇦 Panama
Highlights
- ✅Dollar-based economy
- ✅Strong banking sector
- ✅No forex controls
- ✅Good infrastructure
- ✅English widely spoken
Considerations
- ⚠️Higher cost of living than Paraguay
- ⚠️More bureaucracy
- ⚠️CRS reporting to some countries
Best For
- 👤Entrepreneurs
- 👤International traders
- 👤Banking needs
🇬🇷 Greece
Highlights
- ✅€100k flat tax regime
- ✅Beautiful islands
- ✅EU membership
- ✅Golden visa available
- ✅Great lifestyle
Considerations
- ⚠️Bureaucracy
- ⚠️Economic history
- ⚠️Language barrier
Best For
- 👤High-net-worth individuals
- 👤Golden visa seekers
- 👤Lifestyle migrants
Which Should You Choose?
Choose Panama if: You prioritize dollar-based economy and strong banking sector. Ideal for entrepreneurs, international traders, banking needs.
Choose Greece if: You prioritize €100k flat tax regime and beautiful islands. Ideal for high-net-worth individuals, golden visa seekers, lifestyle migrants.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.