🇵🇦 Panama vs 🇶🇦 Qatar
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇵🇦 Panama | 🇶🇦 Qatar |
|---|---|---|
| Tax System | Territorial | Zero Tax |
| Income Tax (Foreign) | 0% (foreign income) | 0% |
| Capital Gains Tax | 0-10% | 0% |
| Corporate Tax | 25% | 10% |
| Residency Requirement | Friendly Nations Visa ($5,000) | Property purchase ($200k+) |
| Minimum Stay | None required | None required |
| Cost of Living | Moderate ($1,500-2,500/mo) | High ($3,000-5,000/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
🇶🇦 Qatar
Highlights
- ✅Zero personal income tax
- ✅Wealthy economy
- ✅Safe and stable
- ✅Good infrastructure
- ✅Growing expat scene
Considerations
- ⚠️High cost of living
- ⚠️Conservative culture
- ⚠️Hot climate
Best For
- 👤High-net-worth individuals
- 👤Energy sector
- 👤Families
Which Should You Choose?
Choose Panama if: You prioritize dollar-based economy and strong banking sector. Ideal for entrepreneurs, international traders, banking needs.
Choose Qatar if: You prioritize zero personal income tax and wealthy economy. Ideal for high-net-worth individuals, energy sector, families.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.