Greece, Panama, Colombia: Tax Rates & Personal Tax Compared

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

Select Countries

SingaporeCyprusEstoniaUruguayPanamaPortugalCosta RicaBelizeSwitzerlandMaltaUnited KingdomCanadaGreeceItalyParaguaySpainGeorgiaUnited Arab EmiratesGermanyIrelandIndonesiaColombiaNetherlandsArgentinaMexicoThailandSao Tome and Principe
3 selectedClear all
🇵🇦Panama
76
Territorial
🇨🇴Colombia
59
Worldwide
🇬🇷Greece
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇵🇦PanamaTerritorial25%
🇨🇴ColombiaWorldwide39%
🇬🇷GreeceWorldwide44%
Tax system mismatchCritical

Colombia and Greece tax all worldwide income once you become a tax resident (top rate: 44%). Panama does 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

Colombia and Greece have 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 country in this comparison does 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
🇵🇦Panama76
🇨🇴Colombia59
🇬🇷Greece70
Dimension Scores
Corporate Tax
100
0
52
Funding
60
85
85
Visa
90
60
85
Residency
73
70
60
Tax Res.
80
50
45
Practical
81
86
83
Remote Work
88
79
79
Family
80
80
85
Ecosystem
40
60
65
Corporate Tax Details
Corporate Tax Rate25%35%22%
Capital Gains Tax10%10%22%
Tax Treaties171757
Territorial SystemYesNoNo
Funding Details
Active VCs125516
Government GrantsYesYesYes
EU Funding EligibleNoNoYes
Visa Details
Has Startup VisaYesNoYes
Processing Time3045120
Min Investment$200K$27K$272K
E-ResidencyNoNoNo
Digital Nomad VisaYesYesYes
Residency Details
Visa Programs Available336
Citizenship Timeline557
Dual CitizenshipYesYesYes
Immigration Score876
Tax Res. Details
Tax Residency Days183183183
Personal Tax Top Rate253944
Territorial TaxationYesNoNo
Special Tax RegimeNoNoYes
Exit TaxNoNoYes
Practical Details
Banking Difficultymoderatemoderatemoderate
100% Foreign OwnershipYesYesYes
Company Formation5510
Virtual Office OKYesYesYes
Remote Work Details
Nomad VisaYesYesYes
Tourist Worktoleratedtoleratedillegal
Tourist Visa Days1809090
PE Risk Levellowlowmoderate
Days Before Tax Res.183183183
Internet Speed504593
Coworking/mo$200$120$175
Family Details
Safety Index554454
Int'l SchoolsYesYesYes
Homeschoolinglegallegallegal_with_restrictions
Healthcare Quality686559
Cost of Living654240
Ecosystem Details
Unicorns052
English Business EnvNoNoYes
Talent Pool Quality486268

Next steps

Ready to take action?

Ready to incorporate in Panama?

Recommended services used by founders targeting this jurisdiction.

Affiliate links - we may earn a commission at no extra cost to you.

Open a business bank account

Best options for founders incorporated in or targeting Panama.

Affiliate links - we may earn a commission at no extra cost to you.

Discussion (0)

A community of sovereign individuals - founders, families, and remote operators. Share what you know, ask what you don't.

No comments yet - be the first to share what you know about this page.

BEYOND SCORES

Track entities, compliance, and residency days

NomadSignal is more than country scores. Manage your multi-jurisdiction business with pathway playbooks, presence tracking, compliance alerts, and an AI advisor that knows your data.

See the platformPricing