Australia vs Panama

Score comparison table

DimensionAustraliaPanama
Lucky Nomads World Index
6.89 / 107.07 / 10
SafetyShield Index
8.6 / 105.6 / 10
Affordability Index
4.5 / 106.9 / 10
Entry Ease Index
5.6 / 106.9 / 10
Tax Freedom Index
2.7 / 108.7 / 10
WiFi Index
8.5 / 107.7 / 10
Admin Ease Index
9.4 / 106.6 / 10
Healthcare Index
8.6 / 107.8 / 10
City Comfort Index
8.9 / 107.7 / 10
WeatherComfort Index
7.3 / 105.7 / 10
Banking Index
9.2 / 106.3 / 10
GeoStability Index
8.2 / 107.4 / 10
Justice & Order Index
8.7 / 106.8 / 10
Quality of Life Index
8.3 / 108.0 / 10
Open Society Index
8.6 / 106.5 / 10
Flight Index
6.3 / 105.2 / 10
Environmental Quality Index
9.2 / 108.2 / 10
English Index
9.6 / 104.8 / 10
Wealth Protection Index
8.8 / 108.0 / 10

Tax, economy, and demographics

DimensionAustraliaPanama
Corporate income tax
30%Very high
25%Very high
Corporate tax basis
Worldwide
Territorial
Personal income tax (marginal)
45%High
25%Low
Personal tax basis
Worldwide
Territorial
Population
27.7 M×5.99
4.6 M
Area
7,692,024 km²×103
74,340 km²
Population density3.6 /km²62 /km²
CapitalCanberraPanama City
CurrencyAUD (Australian dollar)PAB (Panamanian balboa)
Main airportSYD (Sydney Kingsford Smith Airport)PTY (Tocumen International Airport)
Phone code+61+507
Internet TLD.au.pa

Visa access controls

Your access

Pick your nationality above to see how long you can stay in each country and whether you need a visa.

Passport power

Mobility strength of each country's passport, useful if you are weighing it as a future citizenship.

Australia passport

#7

Henley rank

182

Visa-free destinations

  • Schengen visa-free
  • UK visa-free
  • US ESTA
  • Canada eTA
  • Australia visa-free

Panama passport

#25

Henley rank

147

Visa-free destinations

  • Schengen visa-free
  • UK visa-free

Verdict

For professionals who prioritize tax freedom index, Panama leads with 8.7 / 10 versus 2.7 / 10 for Australia. On english index, Australia is at 9.6 / 10 compared with 4.8 / 10 for Panama.

Who should choose which country

Who should choose Australia

  • Professionals who prioritize english index (exceptional english index)
  • Professionals who prioritize admin ease index (minimal day-to-day bureaucracy)
  • Professionals who prioritize environmental quality index (exceptional environmental quality index)

Who should choose Panama

  • Professionals who prioritize tax freedom index (very favorable tax environment)
  • Professionals who prioritize environmental quality index (very strong environmental quality index)
  • Professionals who prioritize wealth protection index (strong wealth protection index)

Also compare

See full Australia analysis →See full Panama analysis →

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