Panama to Thailand: tax & freedom compared

Compared by dimension

On an average Panama income of €18,000 gross per year, you keep €14,940 net in Thailand: a difference of €1,793 per year compared with Panama.

• Tax: on this income Thailand lands at an effective rate of about 17%, against 7% in Panama.
• Passport and mobility: from Thailand you travel visa-free to 82 countries.
• Residency: on our accessibility scale Thailand scores 80 out of 100 for obtaining residency.
• Living environment: banking, internet, safety and healthcare together give Thailand a living-environment score of 65 out of 100.

Frequently asked questions

What is the financial difference between Panama and Thailand?

On an average Panama income it differs by roughly €1,793 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.