United Arab Emirates
Panama
United Arab Emirates vs Panama
Complete comparison for your tax relocation
Taxation
| Top income tax bracket | 0% | 25% |
| Corporate tax | 9% | 25% |
| Capital gains | 0% | 10% |
| VAT | 5% | 7% |
| Tax treaty with France | Yes | No |
| Special regime | Zones franches (Free Zones) | Taxation territoriale |
| Wealth tax | No | No |
| Territorial taxation | No | Yes |
Zones franches (Free Zones)
Duration: Illimitée (0 % impot sur le revenu des personnes physiques)
Les Émirats n'imposent aucun impot sur le revenu des personnes physiques. Les Free Zones offrent en plus une exonération d'impot sur les sociétés pour les entreprises qualifiées, ainsi qu'une propriété étrangere à 100 %.
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
| Monthly cost (single) | 2 200 € | 900 € |
| Monthly cost (couple) | 3 500 € | 1 400 € |
| City center rent | 1 800 € | 700 € |
| Outside city rent | 1 200 € | 400 € |
| Private health insurance | 200 € | 70 € |
| Public healthcare | Private only | Accessible |
Estimated total monthly budget (single, with city center rent)
Panama is approximately 2 400 € cheaper per month in total.
Quality of life
| Average temperature | 28°C | 27°C |
| Safety | 9/10 | 6/10 |
| Health index | 71/100 | 62/100 |
| Internet | 200 Mbps | 60 Mbps |
| Timezone vs Paris | +3h | -6h |
| French-speaking community | Medium | Very small |
| Languages | Arabe, Anglais | Espagnol, Anglais |
| Currency | Dirham (AED) | Balboa / Dollar US (PAB/USD) |
| Corruption index | 68/100 | 36/100 |
| Democracy index | 2.9/10 | 7.05/10 |
Settling in
| Residence permit delay | 1 months | 2 months |
| Company creation | 4 days | 6 days |
| Bank account | Easy | Easy |
| Political stability | 8.5/10 | 6/10 |
| Ease of business | 16th worldwide | 86th worldwide |
Summary
United Arab Emirates
- Top IT: 0% | Corp. tax: 9%
- Cost of living: 2 200 €/mo
- Safety: 9/10 | Health: 71/100
- Regime: Zones franches (Free Zones) (Illimitée (0 % impot sur le revenu des personnes physiques))
Panama
- Top IT: 25% | Corp. tax: 25%
- Cost of living: 900 €/mo
- Safety: 6/10 | Health: 62/100
- Regime: Taxation territoriale (Illimitée (systeme fiscal national permanent))
Comparative analysis: United Arab Emirates vs Panama
Which country has lower taxes?
In terms of taxation, Émirats arabes unis is generally more advantageous. The top marginal income tax rate is 0% compared to 25% in Panama. Corporate tax stands at 9% versus 25%. Capital gains are taxed at 0% in United Arab Emirates versus 10% in Panama.
Which country is cheaper to live in?
The cost of living is lower in Panama. A single person spends about 900 EUR/month excluding rent, compared to 2 200 EUR/month in Émirats arabes unis. City center rent averages 700 EUR versus 1 800 EUR.
Which country is safer?
Émirats arabes unis scores higher on safety (9/10 versus 6/10). In terms of healthcare, Émirats arabes unis leads with an index of 71/100 compared to 62/100 for 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.