Head to head
Punta del Este (Uruguay) vs Panama City (Panama).
🇺🇾 Uruguay against 🇵🇦 Panama, on tax, residence, cost, and the life. Same model, same year, no brochure.
🇺🇾 Uruguay against 🇵🇦 Panama, on tax, residence, cost, and the life. Same model, same year, no brochure.
| Punta del Este (Uruguay) | Panama City (Panama) | |
|---|---|---|
| Effective tax at $300K | 0% | 0% |
| Effective tax at $1M | 0% | 0% |
| Effective tax at $3M | 0% | 0% |
| Kept at $1M | $1M | $1M |
| Capital gains | 0% | 0% |
| Cost index (Zurich 100) | 75 | 62 |
| Safety | 8/10 | 6/10 |
| Schools | 6/10 | 6/10 |
| Sun hours | 2,500 | 2,200 |
| Supercar street index | #53 | #66 |
| Routes in | Golden visa | Golden visa |
| Net millionaire inflow 2025 (country, Henley) | n/a | n/a |
| Flight London | 14.3 | 11.3 |
| Flight New York | 11.5 | 5.4 |
Simplified marginal model, indicative 2026 brackets, non-US single filer, no social contributions, deductions, wealth taxes, or treaties.
Panama City (Panama) keeps more of a $1M salary, $0 a year on this model. Punta del Este (Uruguay) answers with safety.
Capital gains land at 0% in both. The order of operations, move then sell or sell then move, decides more than the rate. Neither city taxes wealth as such.
Punta del Este (Uruguay) leads on safety and sun, Panama City (Panama) on a lower cost. Schools are level.
The engine takes what you earn and what you hold, then orders every address on the board against it.
Rank the board against my position →90 seconds. No account, no payment.
Tax figures use a simplified marginal model with indicative 2026 brackets for a non-US single filer, ignore social contributions, most deductions, wealth taxes, and treaties, and are not advice. Residence rules change often. Verify before acting.