Panama vs Switzerland

Score comparison table

DimensionPanamaSwitzerland
Lucky Nomads World Index
7.07 / 106.74 / 10
SafetyShield Index
5.6 / 109.1 / 10
Affordability Index
6.9 / 101.7 / 10
Entry Ease Index
6.9 / 106.8 / 10
Tax Freedom Index
8.7 / 105.0 / 10
WiFi Index
7.7 / 108.7 / 10
Admin Ease Index
6.6 / 109.3 / 10
Healthcare Index
7.8 / 108.6 / 10
City Comfort Index
7.7 / 109.3 / 10
WeatherComfort Index
5.7 / 105.2 / 10
Banking Index
6.3 / 109.2 / 10
GeoStability Index
7.4 / 108.8 / 10
Justice & Order Index
6.8 / 108.9 / 10
Quality of Life Index
8.0 / 108.4 / 10
Open Society Index
6.5 / 108.8 / 10
Flight Index
5.2 / 106.5 / 10
Environmental Quality Index
8.2 / 108.9 / 10
English Index
4.8 / 107.4 / 10
Wealth Protection Index
8.0 / 108.0 / 10

Tax, economy, and demographics

DimensionPanamaSwitzerland
Corporate income tax
25%Very high
14.43%Low
Corporate tax basis
Pure territorial
Residence-based
Personal income tax (marginal)
25%Low
41.5%High
Personal tax basis
Territorial
Worldwide
Population4.6 M
9.1 M×1.97
Area
74,340 km²×1.80
41,285 km²
Population density62 /km²220 /km²
CapitalPanama CityBern
CurrencyPAB (Panamanian balboa)CHF (Swiss franc)
Main airportPTY (Tocumen International Airport)ZRH (Zurich Airport)
Phone code+507+41
Internet TLD.pa.ch

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

Switzerland passport

#4

Henley rank

185

Visa-free destinations

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

Verdict

For professionals who prioritize affordability index, Panama leads with 6.9 / 10 versus 1.7 / 10 for Switzerland. On tax freedom index, Panama is at 8.7 / 10 compared with 5.0 / 10 for Switzerland.

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 Switzerland

  • Professionals who prioritize admin ease index (minimal day-to-day bureaucracy)
  • Professionals who prioritize city comfort index (exceptional urban quality of life)
  • Professionals who prioritize banking index (world-class banking access for expats)

Also compare

See full Panama analysis →See full Switzerland analysis →

Neither is a perfect fit, or want a deeper read?

Get the free GeoCompass Signal briefing, a weekly read on tax, visa, and residence shifts in Panama, Switzerland, and the broader set of jurisdictions we track for internationally mobile readers.

The full report scores 232 jurisdictions against your profile.