Paraguay, Panama, Costa Rica, Thailand: Tax Rates & Visa Options Compared

Side-by-side breakdown of tax rates, visa options, startup funding, 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
🇹🇭Thailand
57
Worldwide
🇨🇷Costa Rica
75
Territorial

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison1
🇵🇾ParaguayTerritorial10%
🇵🇦PanamaTerritorial25%
🇹🇭ThailandWorldwide35%
🇨🇷Costa RicaTerritorial25%
Tax system mismatchCritical

Thailand taxes all worldwide income once you become a tax resident (top rate: 35%). 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.

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
🇹🇭Thailand57
🇨🇷Costa Rica75
Dimension Scores
Corporate Tax
100
100
43
100
Funding
40
60
70
60
Visa
50
90
90
90
Residency
66
73
58
58
Tax Res.
80
80
60
75
Practical
76
81
58
78
Remote Work
69
88
72
84
Family
80
80
80
80
Ecosystem
40
40
60
40
Corporate Tax Details
Corporate Tax Rate10%25%20%30%
Capital Gains Tax10%10%0%15%
Tax Treaties14176112
Territorial SystemYesYesNoYes
Funding Details
Active VCs512208
Government GrantsNoYesYesYes
EU Funding EligibleNoNoNoNo
Visa Details
Has Startup VisaNoYesYesYes
Processing Time60306045
Min Investment$70K$200K--
E-ResidencyNoNoNoNo
Digital Nomad VisaNoYesYesYes
Residency Details
Visa Programs Available2322
Citizenship Timeline35127
Dual CitizenshipYesYesNoYes
Immigration Score9867
Tax Res. Details
Tax Residency Days120183180-
Personal Tax Top Rate10253525
Territorial TaxationYesYesNoYes
Special Tax RegimeNoNoNoNo
Exit TaxNoNoNoNo
Practical Details
Banking Difficultydifficultmoderatemoderatemoderate
100% Foreign OwnershipYesYesNoYes
Company Formation751414
Virtual Office OKYesYesYesYes
Remote Work Details
Nomad VisaNoYesYesYes
Tourist Worktoleratedtoleratedgray_areatolerated
Tourist Visa Days901803090
PE Risk Levellowlowlowlow
Days Before Tax Res.120183180-
Internet Speed305020060
Coworking/mo$80$200$150$200
Family Details
Safety Index52556255
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegallegal_with_restrictionslegal
Healthcare Quality52687275
Cost of Living35654052
Ecosystem Details
Unicorns0030
English Business EnvNoNoNoNo
Talent Pool Quality38485545

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