Freedom Score

United Kingdom to Panama: tax & freedom compared

How does Panama score against United Kingdom? The Freedom Score weighs five dimensions, built on primary government sources.

Net per month€3,813
Per year vs. United Kingdom+€4,784

Territorial 0% foreign-source · USD zone

Tax

87/100

Passport & mobility

72/100

Residency

78/100

Lifestyle

58/100

Compared by dimension

On an average United Kingdom income of €52,800 gross per year, you keep €45,757 net in Panama: a difference of €4,784 per year compared with United Kingdom.

  • Tax: on this income Panama lands at an effective rate of about 13%, against 22% in United Kingdom.
  • Passport and mobility: from Panama you travel visa-free to 140 countries.
  • Residency: on our accessibility scale Panama scores 78 out of 100 for obtaining residency.
  • Lifestyle: banking, internet, safety and healthcare together give Panama a lifestyle score of 58 out of 100.

Frequently asked questions

How much do I save by moving from United Kingdom to Panama?
On an average United Kingdom income it differs by roughly €4,784 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
Is this tax advice?
No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
What sources is this based on?
The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Order report · €29

Figures from primary government sources. Information, not advice.

Sources

OECD Tax Database · IATA Timatic · Henley Visa Index · Eurostat