Costa Rica, Panama, Paraguay, Greece: Tax Rates & Startup Funding Compared

Side-by-side breakdown of tax rates, startup funding, visa options, and 6 more dimensions for founders choosing where to incorporate in 2026.

Select Countries

SingaporeCyprusEstoniaUruguayPanamaPortugalCosta RicaBelizeSwitzerlandMaltaUnited KingdomCanadaGreeceItalyParaguaySpainGeorgiaUnited Arab EmiratesGermanyIrelandIndonesiaColombiaNetherlandsArgentinaMexicoThailandSao Tome and Principe
4 selectedClear all
🇵🇾Paraguay
69
Territorial
🇵🇦Panama
76
Territorial
🇨🇷Costa Rica
75
Territorial
🇬🇷Greece
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇵🇾ParaguayTerritorial10%
🇵🇦PanamaTerritorial25%
🇨🇷Costa RicaTerritorial25%
🇬🇷GreeceWorldwide44%
Tax system mismatchCritical

Greece taxes all worldwide income once you become a tax resident (top rate: 44%). Paraguay and Panama and Costa Rica do not - only locally-sourced income is taxed. This is a fundamental structural difference that affects your total effective tax burden.

Exit tax applies in one jurisdictionCritical

Greece has an exit tax. If you establish residency and later wish to leave, you may owe tax on unrealized gains or assets at departure. The other countries in this comparison do not have an exit tax.

CFC rules apply in one jurisdictionReview

Greece has Controlled Foreign Corporation (CFC) rules. Owning a foreign company as a resident may trigger local tax on undistributed profits - even if the company pays no dividends. The other countries in this comparison do not have CFC rules.

Not tax advice. Tax laws change frequently. Verify with a qualified professional before making residency decisions.

Field-by-Field Breakdown

Green = best value per row
Metric
🇵🇾Paraguay69
🇵🇦Panama76
🇨🇷Costa Rica75
🇬🇷Greece70
Dimension Scores
Corporate Tax
100
100
100
52
Funding
40
60
60
85
Visa
50
90
90
85
Residency
66
73
58
60
Tax Res.
80
80
75
45
Practical
76
81
78
83
Remote Work
69
88
84
79
Family
80
80
80
85
Ecosystem
40
40
40
65
Corporate Tax Details
Corporate Tax Rate10%25%30%22%
Capital Gains Tax10%10%15%22%
Tax Treaties14171257
Territorial SystemYesYesYesNo
Funding Details
Active VCs512816
Government GrantsNoYesYesYes
EU Funding EligibleNoNoNoYes
Visa Details
Has Startup VisaNoYesYesYes
Processing Time603045120
Min Investment$70K$200K-$272K
E-ResidencyNoNoNoNo
Digital Nomad VisaNoYesYesYes
Residency Details
Visa Programs Available2326
Citizenship Timeline3577
Dual CitizenshipYesYesYesYes
Immigration Score9876
Tax Res. Details
Tax Residency Days120183-183
Personal Tax Top Rate10252544
Territorial TaxationYesYesYesNo
Special Tax RegimeNoNoNoYes
Exit TaxNoNoNoYes
Practical Details
Banking Difficultydifficultmoderatemoderatemoderate
100% Foreign OwnershipYesYesYesYes
Company Formation751410
Virtual Office OKYesYesYesYes
Remote Work Details
Nomad VisaNoYesYesYes
Tourist Worktoleratedtoleratedtoleratedillegal
Tourist Visa Days901809090
PE Risk Levellowlowlowmoderate
Days Before Tax Res.120183-183
Internet Speed30506093
Coworking/mo$80$200$200$175
Family Details
Safety Index52555554
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegallegallegal_with_restrictions
Healthcare Quality52687559
Cost of Living35655240
Ecosystem Details
Unicorns0002
English Business EnvNoNoNoYes
Talent Pool Quality38484568

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