Freedom Score

Panama to Costa Rica: tax & freedom compared

How does Costa Rica score against Panama? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€1,338
Per year vs. Panama-€682

Foreign income 0% (territorial) · Residence from USD 1,000/month · Latin America's most stable democracy

Tax

81/100

Residency

87/100

Cost of living

48/100

Living environment

60/100

Mobility

73/100

Ownership

85/100

Compared by dimension

On an average Panama income of €18,000 gross per year, you keep €16,051 net in Costa Rica: a difference of €682 per year compared with Panama.

  • Tax: on this income Costa Rica lands at an effective rate of about 11%, against 7% in Panama.
  • Passport and mobility: from Costa Rica you travel visa-free to 148 countries.
  • Residency: on our accessibility scale Costa Rica scores 87 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Costa Rica a living-environment score of 60 out of 100.

Frequently asked questions

What is the financial difference between Panama and Costa Rica?
On an average Panama income it differs by roughly €682 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