Monaco vs Panama
Score comparison table
| Dimension | Monaco | Panama |
|---|---|---|
Lucky Nomads World Index | 7.13 / 10 | 7.07 / 10 |
SafetyShield Index | 9.3 / 10 | 5.6 / 10 |
Affordability Index | 1.0 / 10 | 6.9 / 10 |
Entry Ease Index | 6.9 / 10 | 6.9 / 10 |
Tax Freedom Index | 9.6 / 10 | 8.7 / 10 |
WiFi Index | 8.7 / 10 | 7.7 / 10 |
Admin Ease Index | 8.8 / 10 | 6.6 / 10 |
Healthcare Index | 8.7 / 10 | 7.8 / 10 |
City Comfort Index | 9.1 / 10 | 7.7 / 10 |
WeatherComfort Index | 7.5 / 10 | 5.7 / 10 |
Banking Index | 8.7 / 10 | 6.3 / 10 |
GeoStability Index | 9.3 / 10 | 7.4 / 10 |
Justice & Order Index | 8.4 / 10 | 6.8 / 10 |
Quality of Life Index | 9.0 / 10 | 8.0 / 10 |
Open Society Index | 7.6 / 10 | 6.5 / 10 |
Flight Index | 4.0 / 10 | 5.2 / 10 |
Environmental Quality Index | 8.9 / 10 | 8.2 / 10 |
English Index | 6.0 / 10 | 4.8 / 10 |
Wealth Protection Index | 9.0 / 10 | 8.0 / 10 |
Tax, economy, and demographics
| Dimension | Monaco | Panama |
|---|---|---|
| Corporate income tax | 25%Very high | 25%Very high |
| Corporate tax basis | Territorial | Territorial |
| Personal income tax (marginal) | 0%Ultra low | 25%Low |
| Personal tax basis | No personal income tax | Territorial |
| Population | 39 k | 4.6 M×119 |
| Area | 2 km² | 74,340 km²×37170 |
| Population density | 19,429 /km² | 62 /km² |
| Capital | Monaco | Panama City |
| Currency | EUR (Euro) | PAB (Panamanian balboa) |
| Main airport | NCE (Nice Côte d'Azur Airport) | PTY (Tocumen International Airport) |
| Phone code | +377 | +507 |
| Internet TLD | .mc | .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.
Monaco passport
#12
Henley rank
176
Visa-free destinations
- Schengen visa-free
- UK visa-free
- US ESTA
- Canada eTA
- Australia eTA
Panama passport
#25
Henley rank
147
Visa-free destinations
- Schengen visa-free
- UK visa-free
Verdict
For professionals who prioritize affordability index, Panama leads with 6.9 / 10 versus 1.0 / 10 for Monaco. On safetyshield index, Monaco is at 9.3 / 10 compared with 5.6 / 10 for Panama.
Who should choose which country
Who should choose Monaco
- Professionals who prioritize tax freedom index (exceptional tax freedom)
- Professionals who prioritize geostability index (exceptional geostability index)
- Professionals who prioritize safetyshield index (exceptional safety and stability)
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
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Portugal
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