🇵🇦 Panama vs 🇲🇹 Malta
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇦 Panama | 🇲🇹 Malta |
|---|---|---|
| Tax System | Territorial | Remittance-based |
| Income Tax (Foreign) | 0% (foreign income) | 0-15% (remitted income) |
| Capital Gains Tax | 0-10% | 0% (if not remitted) |
| Corporate Tax | 25% | 35% (5% effective) |
| Residency Requirement | Friendly Nations Visa ($5,000) | Global Residence Programme |
| Minimum Stay | None required | 183 days in EU |
| Cost of Living | Moderate ($1,500-2,500/mo) | Moderate ($2,500-3,500/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
🇲🇹 Malta
Highlights
- ✅EU membership
- ✅English-speaking
- ✅Strong iGaming sector
- ✅Mediterranean climate
- ✅Crypto-friendly
Considerations
- ⚠️Small island
- ⚠️Hot summers
- ⚠️Rising cost of living
Best For
- 👤Gaming industry
- 👤Crypto projects
- 👤EU base
Which Should You Choose?
Choose Panama if: You prioritize dollar-based economy and strong banking sector. Ideal for entrepreneurs, international traders, banking needs.
Choose Malta if: You prioritize eu membership and english-speaking. Ideal for gaming industry, crypto projects, eu base.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.