Mexico, Greece, Indonesia, Spain: Business Setup & Visa Options Compared

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

Select Countries

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4 selectedClear all
🇮🇩Indonesia
61
Worldwide
🇪🇸Spain
69
Worldwide
🇲🇽Mexico
58
Worldwide
🇬🇷Greece
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇮🇩IndonesiaWorldwide35%
🇪🇸SpainWorldwide47%
🇲🇽MexicoWorldwide35%
🇬🇷GreeceWorldwide44%
Exit tax applies in one jurisdictionCritical

Spain and Mexico and Greece have 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 country in this comparison does not have an exit tax.

12pp personal tax rate spreadNote

Both countries tax worldwide income, but the top personal income tax rates differ materially. Spain: 47% vs Indonesia: 35%. Both apply to all global earnings once you establish residency.

CFC rules apply in one jurisdictionReview

Spain and Mexico 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
🇮🇩Indonesia61
🇪🇸Spain69
🇲🇽Mexico58
🇬🇷Greece70
Dimension Scores
Corporate Tax
37
32
15
52
Funding
80
100
85
85
Visa
90
90
50
85
Residency
43
43
65
60
Tax Res.
55
45
40
45
Practical
45
96
73
83
Remote Work
67
64
56
79
Family
75
95
80
85
Ecosystem
70
60
70
65
Corporate Tax Details
Corporate Tax Rate22%25%30%22%
Capital Gains Tax-28%30%22%
Tax Treaties71966557
Territorial SystemNoNoNoNo
Funding Details
Active VCs301008216
Government GrantsYesYesYesYes
EU Funding EligibleNoYesNoYes
Visa Details
Has Startup VisaYesYesNoYes
Processing Time604530120
Min Investment--$40K$272K
E-ResidencyNoNoNoNo
Digital Nomad VisaYesYesNoYes
Residency Details
Visa Programs Available2236
Citizenship Timeline101057
Dual CitizenshipNoNoYesYes
Immigration Score5776
Tax Res. Details
Tax Residency Days183183183183
Personal Tax Top Rate35473544
Territorial TaxationNoNoNoNo
Special Tax RegimeNoYesNoYes
Exit TaxNoYesYesYes
Practical Details
Banking Difficultydifficulteasymoderatemoderate
100% Foreign OwnershipNoYesYesYes
Company Formation3071010
Virtual Office OKNoYesYesYes
Remote Work Details
Nomad VisaYesYesNoYes
Tourist Workgray_areagray_areatoleratedillegal
Tourist Visa Days309018090
PE Risk Levellowmoderatemoderatemoderate
Days Before Tax Res.183183183183
Internet Speed252205593
Coworking/mo$100$250$150$175
Family Details
Safety Index55724154
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegal_with_restrictionslegallegal_with_restrictions
Healthcare Quality55826559
Cost of Living32554840
Ecosystem Details
Unicorns85182
English Business EnvNoNoNoYes
Talent Pool Quality50706868

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