Bulgaria vs Panama

Bulgaria

7.44 / 10

Panama

7.07 / 10

Bulgaria leads overall

Score comparison table

DimensionBulgariaPanama
Lucky Nomads World Index
7.44 / 107.07 / 10
SafetyShield Index
8.2 / 105.6 / 10
Affordability Index
7.7 / 106.9 / 10
Entry Ease Index
6.6 / 106.9 / 10
Tax Freedom Index
8.5 / 108.7 / 10
WiFi Index
8.3 / 107.7 / 10
Admin Ease Index
7.0 / 106.6 / 10
Healthcare Index
8.2 / 107.8 / 10
City Comfort Index
8.0 / 107.7 / 10
WeatherComfort Index
6.0 / 105.7 / 10
Banking Index
6.8 / 106.3 / 10
GeoStability Index
7.9 / 107.4 / 10
Justice & Order Index
6.3 / 106.8 / 10
Quality of Life Index
7.4 / 108.0 / 10
Open Society Index
6.5 / 106.5 / 10
Flight Index
3.9 / 105.2 / 10
Environmental Quality Index
7.4 / 108.2 / 10
English Index
6.6 / 104.8 / 10
Wealth Protection Index
8.2 / 108.0 / 10

Tax, economy, and demographics

DimensionBulgariaPanama
Corporate income tax
10%Low
25%Very high
Corporate tax basis
Worldwide
Territorial
Personal income tax (marginal)
10%Low
25%Moderate
Personal tax basis
Worldwide
Territorial
Population
6.4 M×1.38
4.6 M
Area
110,879 km²×1.49
74,340 km²
Population density58 /km²62 /km²
CapitalSofiaPanama City
CurrencyEUR (Euro)PAB (Panamanian balboa)
Main airportSOF (Vasil Levski Sofia Airport)PTY (Tocumen International Airport)
Phone code+359+507
Internet TLD.bg.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.

Bulgaria passport

79.43

LN Passport Index (#28)

167

Visa-free destinations

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

Panama passport

48.43

LN Passport Index (#62)

138

Visa-free destinations

  • Schengen visa-free
  • UK visa-free

Verdict

For professionals who prioritize safetyshield index, Bulgaria leads with 8.2 / 10 versus 5.6 / 10 for Panama. On english index, Bulgaria is at 6.6 / 10 compared with 4.8 / 10 for Panama.

Who should choose which country

Who should choose Bulgaria

  • Professionals who prioritize tax freedom index (very favorable tax environment)
  • Professionals who prioritize wifi index (high-quality connectivity for remote work)
  • Professionals who prioritize safetyshield index (high personal and institutional safety)

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 Bulgaria analysis →See full Panama analysis →
Lucky Maillard, Founder of Lucky Nomads

Lucky Maillard

Founder, Lucky Nomads · Wealth manager

Researched from official sources, leading global indices and Lucky Nomads' own scoring.

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