Mexico vs Panama
Score comparison table
| Dimension | Mexico | Panama |
|---|---|---|
Lucky Nomads World Index | 6.56 / 10 | 7.07 / 10 |
SafetyShield Index | 4.5 / 10 | 5.6 / 10 |
Affordability Index | 7.7 / 10 | 6.9 / 10 |
Entry Ease Index | 7.2 / 10 | 6.9 / 10 |
Tax Freedom Index | 5.0 / 10 | 8.7 / 10 |
WiFi Index | 7.3 / 10 | 7.7 / 10 |
Admin Ease Index | 6.0 / 10 | 6.6 / 10 |
Healthcare Index | 8.0 / 10 | 7.8 / 10 |
City Comfort Index | 7.6 / 10 | 7.7 / 10 |
WeatherComfort Index | 7.8 / 10 | 5.7 / 10 |
Banking Index | 5.8 / 10 | 6.3 / 10 |
GeoStability Index | 5.5 / 10 | 7.4 / 10 |
Justice & Order Index | 4.2 / 10 | 6.8 / 10 |
Quality of Life Index | 7.5 / 10 | 8.0 / 10 |
Open Society Index | 6.3 / 10 | 6.5 / 10 |
Flight Index | 4.8 / 10 | 5.2 / 10 |
Environmental Quality Index | 7.2 / 10 | 8.2 / 10 |
English Index | 5.1 / 10 | 4.8 / 10 |
Wealth Protection Index | 7.9 / 10 | 8.0 / 10 |
Tax, economy, and demographics
| Dimension | Mexico | Panama |
|---|---|---|
| Corporate income tax | 30%Very high | 25%Very high |
| Corporate tax basis | Worldwide | Pure territorial |
| Personal income tax (marginal) | 35%Moderate | 25%Low |
| Personal tax basis | Worldwide | Territorial |
| Population | 133.0 M×29 | 4.6 M |
| Area | 1,964,375 km²×26 | 74,340 km² |
| Population density | 68 /km² | 62 /km² |
| Capital | Mexico City | Panama City |
| Currency | MXN (Mexican peso) | PAB (Panamanian balboa) |
| Main airport | MEX (Mexico City International Airport) | PTY (Tocumen International Airport) |
| Phone code | +52 | +507 |
| Internet TLD | .mx | .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.
Mexico passport
#20
Henley rank
156
Visa-free destinations
- Schengen 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 5.0 / 10 for Mexico. On justice & order index, Panama is at 6.8 / 10 compared with 4.2 / 10 for Mexico.
Who should choose which country
Who should choose Mexico
- Professionals who prioritize healthcare index (strong healthcare access and quality)
- Professionals who prioritize wealth protection index (strong wealth protection index)
- Professionals who prioritize weathercomfort index (comfortable climate year-round)
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
Vietnam
Indonesia
Spain
ThailandRelated rankings
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