Panama vs Singapore
Score comparison table
| Dimension | Panama | Singapore |
|---|---|---|
Lucky Nomads World Index | 7.07 / 10 | 7.63 / 10 |
SafetyShield Index | 5.6 / 10 | 9.4 / 10 |
Affordability Index | 6.9 / 10 | 3.8 / 10 |
Entry Ease Index | 6.9 / 10 | 7.5 / 10 |
Tax Freedom Index | 8.7 / 10 | 8.5 / 10 |
WiFi Index | 7.7 / 10 | 9.3 / 10 |
Admin Ease Index | 6.6 / 10 | 9.7 / 10 |
Healthcare Index | 7.8 / 10 | 8.4 / 10 |
City Comfort Index | 7.7 / 10 | 9.4 / 10 |
WeatherComfort Index | 5.7 / 10 | 5.6 / 10 |
Banking Index | 6.3 / 10 | 9.5 / 10 |
GeoStability Index | 7.4 / 10 | 8.8 / 10 |
Justice & Order Index | 6.8 / 10 | 7.9 / 10 |
Quality of Life Index | 8.0 / 10 | 8.3 / 10 |
Open Society Index | 6.5 / 10 | 5.9 / 10 |
Flight Index | 5.2 / 10 | 8.9 / 10 |
Environmental Quality Index | 8.2 / 10 | 8.5 / 10 |
English Index | 4.8 / 10 | 8.9 / 10 |
Wealth Protection Index | 8.0 / 10 | 9.5 / 10 |
Tax, economy, and demographics
| Dimension | Panama | Singapore |
|---|---|---|
| Corporate income tax | 25%Very high | 17%Moderate |
| Corporate tax basis | Pure territorial | Modified remittance basis |
| Personal income tax (marginal) | 25%Low | 24%Low |
| Personal tax basis | Territorial | Territorial |
| Population | 4.6 M | 6.1 M×1.32 |
| Area | 74,340 km²×101 | 735 km² |
| Population density | 62 /km² | 8,313 /km² |
| Capital | Panama City | Singapore |
| Currency | PAB (Panamanian balboa) | SGD (Singapore dollar) |
| Main airport | PTY (Tocumen International Airport) | SIN (Singapore Changi Airport) |
| Phone code | +507 | +65 |
| Internet TLD | .pa | .sg |
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.
Panama passport
#25
Henley rank
147
Visa-free destinations
- Schengen visa-free
- UK visa-free
Singapore passport
#1
Henley rank
192
Visa-free destinations
- Schengen visa-free
- UK visa-free
- US ESTA
- Canada eTA
- Australia eTA
Verdict
For professionals who prioritize english index, Singapore leads with 8.9 / 10 versus 4.8 / 10 for Panama. On safetyshield index, Singapore is at 9.4 / 10 compared with 5.6 / 10 for Panama.
Who should choose which country
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)
Who should choose Singapore
- Professionals who prioritize admin ease index (minimal day-to-day bureaucracy)
- Professionals who prioritize wealth protection index (exceptional wealth protection index)
- Professionals who prioritize banking index (world-class banking access for expats)
Also compare
Spain
Thailand
Georgia
GibraltarRelated rankings
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