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

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

Select Countries

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3 selectedClear all
🇵🇦Panama
76
Territorial
🇺🇾Uruguay
80
Impatriados - 11-year tax holiday on foreign capital income
🇬🇷Greece
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison4
🇵🇦PanamaTerritorial25%
🇺🇾UruguayImpatriados - 11-year tax holiday on foreign capital income36%
🇬🇷GreeceWorldwide44%
Tax system mismatchCritical

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

Uruguay 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.

Special tax regime available in one jurisdictionNote

Uruguay (Impatriados - 11-year tax holiday on foreign capital income) offers a qualifying program that may exempt foreign-source income from local tax for up to 11 years. This can significantly reduce your effective rate compared to the standard regime.

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
🇺🇾Uruguay80
🇬🇷Greece70
Dimension Scores
Corporate Tax
100
100
52
Funding
60
70
85
Visa
90
70
85
Residency
73
80
60
Tax Res.
80
70
45
Practical
81
78
83
Remote Work
88
94
79
Family
80
95
85
Ecosystem
40
55
65
Corporate Tax Details
Corporate Tax Rate25%25%22%
Capital Gains Tax10%12%22%
Tax Treaties172557
Territorial SystemYesYesNo
Funding Details
Active VCs121516
Government GrantsYesYesYes
EU Funding EligibleNoNoYes
Visa Details
Has Startup VisaYesNoYes
Processing Time3021120
Min Investment$200K-$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 Rate253644
Territorial TaxationYesNoNo
Special Tax RegimeNoYesYes
Exit TaxNoNoYes
Practical Details
Banking Difficultymoderatemoderatemoderate
100% Foreign OwnershipYesYesYes
Company Formation51410
Virtual Office OKYesYesYes
Remote Work Details
Nomad VisaYesYesYes
Tourist Worktoleratedtoleratedillegal
Tourist Visa Days1809090
PE Risk Levellowlowmoderate
Days Before Tax Res.183183183
Internet Speed5012093
Coworking/mo$200$140$175
Family Details
Safety Index557254
Int'l SchoolsYesYesYes
Homeschoolinglegallegal_with_restrictionslegal_with_restrictions
Healthcare Quality688259
Cost of Living654040
Ecosystem Details
Unicorns012
English Business EnvNoNoYes
Talent Pool Quality486268

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