Freedom Score

Thailand to Panama: tax & freedom compared

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

Net per month€1,402
Per year vs. Thailand+€72

Territorial 0% foreign-source · USD zone

Tax

90/100

Residency

80/100

Cost of living

22/100

Living environment

58/100

Mobility

52/100

Ownership

85/100

Compared by dimension

On an average Thailand income of €18,000 gross per year, you keep €16,828 net in Panama: a difference of €72 per year compared with Thailand.

  • Tax: on this income Panama lands at an effective rate of about 7%, against 7% in Thailand.
  • Passport and mobility: from Panama you travel visa-free to 140 countries.
  • Residency: on our accessibility scale Panama scores 80 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Panama a living-environment score of 58 out of 100.

Frequently asked questions

How much do I save by moving from Thailand to Panama?
On an average Thailand income it differs by roughly €72 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