Mexico, Thailand, Greece, Canada: Visa Options & Business Setup Compared

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

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SingaporeCyprusEstoniaUruguayPanamaPortugalCosta RicaBelizeSwitzerlandMaltaUnited KingdomCanadaGreeceItalyParaguaySpainGeorgiaUnited Arab EmiratesGermanyIrelandIndonesiaColombiaNetherlandsArgentinaMexicoThailandSao Tome and Principe
4 selectedClear all
🇨🇦Canada
70
Worldwide
🇲🇽Mexico
58
Worldwide
🇹🇭Thailand
57
Worldwide
🇬🇷Greece
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇨🇦CanadaWorldwide53.53%
🇲🇽MexicoWorldwide35%
🇹🇭ThailandWorldwide35%
🇬🇷GreeceWorldwide44%
Exit tax applies in one jurisdictionCritical

Canada 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.

18.53pp personal tax rate spreadNote

Both countries tax worldwide income, but the top personal income tax rates differ materially. Canada: 53.53% vs Mexico: 35%. Both apply to all global earnings once you establish residency.

CFC rules apply in one jurisdictionReview

Canada 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
🇨🇦Canada70
🇲🇽Mexico58
🇹🇭Thailand57
🇬🇷Greece70
Dimension Scores
Corporate Tax
27
15
43
52
Funding
85
85
70
85
Visa
75
50
90
85
Residency
93
65
58
60
Tax Res.
35
40
60
45
Practical
96
73
58
83
Remote Work
43
56
72
79
Family
90
80
80
85
Ecosystem
90
70
60
65
Corporate Tax Details
Corporate Tax Rate26.5%30%20%22%
Capital Gains Tax26.76%30%0%22%
Tax Treaties93656157
Territorial SystemNoNoNoNo
Funding Details
Active VCs185822016
Government GrantsYesYesYesYes
EU Funding EligibleNoNoNoYes
Visa Details
Has Startup VisaYesNoYesYes
Processing Time7303060120
Min Investment$75K$40K-$272K
E-ResidencyNoNoNoNo
Digital Nomad VisaNoNoYesYes
Residency Details
Visa Programs Available3326
Citizenship Timeline55127
Dual CitizenshipYesYesNoYes
Immigration Score8766
Tax Res. Details
Tax Residency Days183183180183
Personal Tax Top Rate54353544
Territorial TaxationNoNoNoNo
Special Tax RegimeNoNoNoYes
Exit TaxYesYesNoYes
Practical Details
Banking Difficultymoderatemoderatemoderatemoderate
100% Foreign OwnershipYesYesNoYes
Company Formation3101410
Virtual Office OKYesYesYesYes
Remote Work Details
Nomad VisaNoNoYesYes
Tourist Workillegaltoleratedgray_areaillegal
Tourist Visa Days1801803090
PE Risk Levelhighmoderatelowmoderate
Days Before Tax Res.183183180183
Internet Speed955520093
Coworking/mo$350$150$150$175
Family Details
Safety Index75416254
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegallegal_with_restrictionslegal_with_restrictions
Healthcare Quality82657259
Cost of Living85484040
Ecosystem Details
Unicorns421832
English Business EnvYesNoNoYes
Talent Pool Quality82685568

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