Panama vs Uruguay
Score comparison table
| Dimension | Panama | Uruguay |
|---|---|---|
Lucky Nomads World Index | 7.07 / 10 | 7.54 / 10 |
SafetyShield Index | 5.6 / 10 | 6.7 / 10 |
Affordability Index | 6.9 / 10 | 7.0 / 10 |
Entry Ease Index | 6.9 / 10 | 6.9 / 10 |
Tax Freedom Index | 8.7 / 10 | 8.3 / 10 |
WiFi Index | 7.7 / 10 | 8.7 / 10 |
Admin Ease Index | 6.6 / 10 | 7.7 / 10 |
Healthcare Index | 7.8 / 10 | 8.5 / 10 |
City Comfort Index | 7.7 / 10 | 7.9 / 10 |
WeatherComfort Index | 5.7 / 10 | 7.1 / 10 |
Banking Index | 6.3 / 10 | 7.4 / 10 |
GeoStability Index | 7.4 / 10 | 8.8 / 10 |
Justice & Order Index | 6.8 / 10 | 7.7 / 10 |
Quality of Life Index | 8.0 / 10 | 7.9 / 10 |
Open Society Index | 6.5 / 10 | 8.6 / 10 |
Flight Index | 5.2 / 10 | 3.3 / 10 |
Environmental Quality Index | 8.2 / 10 | 8.4 / 10 |
English Index | 4.8 / 10 | 5.0 / 10 |
Wealth Protection Index | 8.0 / 10 | 7.0 / 10 |
Tax, economy, and demographics
| Dimension | Panama | Uruguay |
|---|---|---|
| Corporate income tax | 25%Very high | 25%Very high |
| Corporate tax basis | Territorial | Territorial |
| Personal income tax (marginal) | 25%Low | 36%Moderate |
| Personal tax basis | Territorial | Territorial |
| Population | 4.6 M×1.32 | 3.5 M |
| Area | 74,340 km² | 176,215 km²×2.37 |
| Population density | 62 /km² | 20 /km² |
| Capital | Panama City | Montevideo |
| Currency | PAB (Panamanian balboa) | UYU (Uruguayan peso) |
| Main airport | PTY (Tocumen International Airport) | MVD (Carrasco International Airport) |
| Phone code | +507 | +598 |
| Internet TLD | .pa | .uy |
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
Uruguay passport
#21
Henley rank
155
Visa-free destinations
- Schengen visa-free
- UK visa-free
Verdict
For professionals who prioritize open society index, Uruguay leads with 8.6 / 10 versus 6.5 / 10 for Panama. On flight index, Panama is at 5.2 / 10 compared with 3.3 / 10 for Uruguay.
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 Uruguay
- Professionals who prioritize geostability index (very strong geostability index)
- Professionals who prioritize wifi index (high-quality connectivity for remote work)
- Professionals who prioritize open society index (very strong open society index)
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