Expatriation Belgique - tax comparison
🇧🇪

Belgique

VS
Expatriation Panama - tax comparison
🇵🇦

Panama

Belgique vs Panama

Complete comparison for your tax relocation

Top income tax bracket
50%
🇧🇪 Belgique
vs
25%
🇵🇦 Panama
Monthly cost (single)
1 400 €
🇧🇪 Belgique
vs
900 €
🇵🇦 Panama
Safety
7/10
🇧🇪 Belgique
vs
6/10
🇵🇦 Panama

Taxation

🇧🇪Belgique
🇵🇦Panama
Top income tax bracket50%25%
Corporate tax25%25%
Capital gains0%10%
VAT21%7%
Tax treaty with FranceYesNo
Special regimeStatut d'impatrié (RINS)Taxation territoriale
Territorial taxationNoYes
🇧🇪

Statut d'impatrié (RINS)

Duration: 5 ans + prolongation possible de 3 ans (total 8 ans)

Depuis 2022, le Régime spécial d'Imposition des Nouveaux Résidents (RINS) remplace l'ancien statut d'impatrié. Il offre une exonération de 30 % de la rémunération brute (plafonnée à 90 000 EUR/an) pour les cadres et chercheurs recrutés à l'étranger.

🇵🇦

Taxation territoriale

Duration: Illimitée (systeme fiscal national permanent)

Le Panama applique un systeme de taxation purement territoriale : seuls les revenus de source panaméenne sont imposés. Les revenus générés à l'étranger sont totalement exonérés, y compris les dividendes, intérets et plus-values d'origine étrangere.

Cost of living

🇧🇪Belgique
🇵🇦Panama
Monthly cost (single)1 400 €900 €
Monthly cost (couple)2 200 €1 400 €
City center rent1 000 €700 €
Outside city rent700 €400 €

Estimated total monthly budget (single, with city center rent)

🇧🇪 Belgique2 400 €/mo
🇵🇦 Panama1 600 €/mo

Panama is approximately 800 € cheaper per month in total.

Quality of life

🇧🇪Belgique
🇵🇦Panama
Average temperature11°C27°C
Safety7/106/10
Health index90/10064/100
Internet130 Mbps60 Mbps
Timezone vs Paris+0h-7h
French-speaking communityLargeVery small

Settling in

🇧🇪Belgique
🇵🇦Panama
Residence permit delay4 months2 months
Company creation4 days6 days
Bank accountEasyEasy
Political stability7.5/106/10

Summary

🇧🇪

Belgique

  • Top IT: 50% | Corp. tax: 25%
  • Cost of living: 1 400 €/mo
  • Safety: 7/10 | Health: 90/100
  • Regime: Statut d'impatrié (RINS) (5 ans + prolongation possible de 3 ans (total 8 ans))
View full profile Belgique
🇵🇦

Panama

  • Top IT: 25% | Corp. tax: 25%
  • Cost of living: 900 €/mo
  • Safety: 6/10 | Health: 64/100
  • Regime: Taxation territoriale (Illimitée (systeme fiscal national permanent))
View full profile Panama

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Disclaimer

The tax information presented is based on estimates from public sources (PwC, OECD, government sources). It does not constitute tax or legal advice. Tax rules change regularly and your personal situation may significantly affect the calculation. Consult a qualified professional before making any relocation decision.