Panama vs Thailand

Score comparison table

DimensionPanamaThailand
Lucky Nomads World Index
7.07 / 106.91 / 10
SafetyShield Index
5.6 / 106.9 / 10
Affordability Index
6.9 / 107.7 / 10
Entry Ease Index
6.9 / 105.5 / 10
Tax Freedom Index
8.7 / 107.1 / 10
WiFi Index
7.7 / 108.7 / 10
Admin Ease Index
6.6 / 106.8 / 10
Healthcare Index
7.8 / 107.9 / 10
City Comfort Index
7.7 / 108.1 / 10
WeatherComfort Index
5.7 / 104.8 / 10
Banking Index
6.3 / 107.9 / 10
GeoStability Index
7.4 / 106.2 / 10
Justice & Order Index
6.8 / 105.1 / 10
Quality of Life Index
8.0 / 107.5 / 10
Open Society Index
6.5 / 105.7 / 10
Flight Index
5.2 / 106.3 / 10
Environmental Quality Index
8.2 / 106.6 / 10
English Index
4.8 / 104.5 / 10
Wealth Protection Index
8.0 / 107.4 / 10

Tax, economy, and demographics

DimensionPanamaThailand
Corporate income tax
25%Very high
20%High
Corporate tax basis
Pure territorial
Worldwide
Personal income tax (marginal)
25%Low
35%Moderate
Personal tax basis
Territorial
Remittance basis
Population4.6 M
71.6 M×15
Area74,340 km²
513,120 km²×6.90
Population density62 /km²139 /km²
CapitalPanama CityBangkok
CurrencyPAB (Panamanian balboa)THB (Thai Baht)
Main airportPTY (Tocumen International Airport)BKK (Suvarnabhumi Airport)
Phone code+507+66
Internet TLD.pa.th

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

Thailand passport

#59

Henley rank

76

Visa-free destinations

Verdict

For professionals who prioritize justice & order index, Panama leads with 6.8 / 10 versus 5.1 / 10 for Thailand. On tax freedom index, Panama is at 8.7 / 10 compared with 7.1 / 10 for Thailand.

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 Thailand

  • Professionals who prioritize wifi index (high-quality connectivity for remote work)
  • Professionals who prioritize city comfort index (high urban quality of life)
  • Professionals who prioritize healthcare index (solid healthcare access and quality)

Also compare

See full Panama analysis →See full Thailand 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, Thailand, and the broader set of jurisdictions we track for internationally mobile readers.

The full report scores 232 jurisdictions against your profile.