Panama vs Taiwan
Score comparison table
| Dimension | Panama | Taiwan |
|---|---|---|
Lucky Nomads World Index | 7.07 / 10 | 7.46 / 10 |
SafetyShield Index | 5.6 / 10 | 8.6 / 10 |
Affordability Index | 6.9 / 10 | 6.0 / 10 |
Entry Ease Index | 6.9 / 10 | 6.5 / 10 |
Tax Freedom Index | 8.7 / 10 | 7.6 / 10 |
WiFi Index | 7.7 / 10 | 8.7 / 10 |
Admin Ease Index | 6.6 / 10 | 8.8 / 10 |
Healthcare Index | 7.8 / 10 | 8.5 / 10 |
City Comfort Index | 7.7 / 10 | 9.0 / 10 |
WeatherComfort Index | 5.7 / 10 | 6.2 / 10 |
Banking Index | 6.3 / 10 | 8.5 / 10 |
GeoStability Index | 7.4 / 10 | 7.2 / 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 | 8.2 / 10 |
Flight Index | 5.2 / 10 | 6.0 / 10 |
Environmental Quality Index | 8.2 / 10 | 8.0 / 10 |
English Index | 4.8 / 10 | 4.2 / 10 |
Wealth Protection Index | 8.0 / 10 | 7.5 / 10 |
Tax, economy, and demographics
| Dimension | Panama | Taiwan |
|---|---|---|
| Corporate income tax | 25%Very high | 20%High |
| Corporate tax basis | Territorial | Worldwide |
| Personal income tax (marginal) | 25%Low | 40%Moderate |
| Personal tax basis | Territorial | Territorial |
| Population | 4.6 M | 23.4 M×5.06 |
| Area | 74,340 km²×2.05 | 36,193 km² |
| Population density | 62 /km² | 647 /km² |
| Capital | Panama City | Taipei |
| Currency | PAB (Panamanian balboa) | TWD (New Taiwan dollar) |
| Main airport | PTY (Tocumen International Airport) | TPE (Taiwan Taoyuan International Airport) |
| Phone code | +507 | +886 |
| Internet TLD | .pa | .tw |
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
Taiwan passport
#31
Henley rank
134
Visa-free destinations
- Schengen visa-free
- UK visa-free
- US ESTA
- Canada eTA
- Australia eTA
Verdict
For professionals who prioritize safetyshield index, Taiwan leads with 8.6 / 10 versus 5.6 / 10 for Panama. On admin ease index, Taiwan is at 8.8 / 10 compared with 6.6 / 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 Taiwan
- Professionals who prioritize city comfort index (high urban quality of life)
- Professionals who prioritize admin ease index (low day-to-day bureaucracy)
- Professionals who prioritize wifi index (high-quality connectivity for remote work)
Also compare
Spain
Monaco
Alderney
United Arab EmiratesRelated rankings
Founder, Lucky Nomads · Wealth manager
Researched from official sources, leading global indices and Lucky Nomads' own scoring.
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, Taiwan, and the broader set of jurisdictions we track for internationally mobile readers.
The full report scores 232 jurisdictions against your profile.