Hong Kong vs Panama

Hong Kong

7.34 / 10

Panama

7.07 / 10

Hong Kong leads overall

Score comparison table

DimensionHong KongPanama
Lucky Nomads World Index
7.34 / 107.07 / 10
SafetyShield Index
9.0 / 105.6 / 10
Affordability Index
3.6 / 106.9 / 10
Entry Ease Index
7.4 / 106.9 / 10
Tax Freedom Index
9.0 / 108.7 / 10
WiFi Index
8.8 / 107.7 / 10
Admin Ease Index
9.3 / 106.6 / 10
Healthcare Index
8.2 / 107.8 / 10
City Comfort Index
9.1 / 107.7 / 10
WeatherComfort Index
6.4 / 105.7 / 10
Banking Index
9.4 / 106.3 / 10
GeoStability Index
7.0 / 107.4 / 10
Justice & Order Index
6.1 / 106.8 / 10
Quality of Life Index
8.0 / 108.0 / 10
Open Society Index
5.3 / 106.5 / 10
Flight Index
8.0 / 105.2 / 10
Environmental Quality Index
7.3 / 108.2 / 10
English Index
7.5 / 104.8 / 10
Wealth Protection Index
9.3 / 108.0 / 10

Tax, economy, and demographics

DimensionHong KongPanama
Corporate income tax
16.5%Moderate
25%Very high
Corporate tax basis
Pure territorial
Pure territorial
Personal income tax (marginal)
17%Low
25%Low
Personal tax basis
Territorial
Territorial
Population
7.5 M×1.62
4.6 M
Area1,114 km²
74,340 km²×67
Population density6,741 /km²62 /km²
CapitalHong KongPanama City
CurrencyHKD (Hong Kong dollar)PAB (Panamanian balboa)
Main airportHKG (Hong Kong International Airport)PTY (Tocumen International Airport)
Phone code+852+507
Internet TLD.hk.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.

Hong Kong passport

#13

Henley rank

174

Visa-free destinations

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

Panama passport

#25

Henley rank

147

Visa-free destinations

  • Schengen visa-free
  • UK visa-free

Verdict

For professionals who prioritize safetyshield index, Hong Kong leads with 9.0 / 10 versus 5.6 / 10 for Panama. On affordability index, Panama is at 6.9 / 10 compared with 3.6 / 10 for Hong Kong.

Who should choose which country

Who should choose Hong Kong

  • Professionals who prioritize banking index (world-class banking access for expats)
  • Professionals who prioritize admin ease index (minimal day-to-day bureaucracy)
  • Professionals who prioritize wealth protection index (exceptional wealth protection 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 Hong Kong analysis →See full Panama analysis →

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