Panama vs. Costa Rica: Where to Actually Move in 2026

Many people assume that choosing between Costa Rica and Panama is simply a lifestyle decision especially since both countries offer territorial tax systems. But in reality, the differences between these systems can have significant tax implications depending on your situation. In this video, Rothbard Group Tax Director Javier Correa explains why not all territorial tax systems are created equal, and how Costa Rica and Panama differ in their treatment of foreign and locally sourced income. 🚀 Choose the Right Country for Your Tax Strategy: https://rothbardgroup.com In this video, we cover: Why territorial tax systems are not all the same How Costa Rica defines foreign vs locally sourced income How Panama’s tax system offers additional flexibility Which country may be better suited for entrepreneurs vs passive income earners Video Chapters: 00:00 - Hidden Differences Between Panama & Costa Rica 02:31 - How Costa Rica Defines Taxable Income 04:02 - How Panama’s System Is Different 05:10 - Exceptions & Special Regimes 07:00 - Cost of Living & Lifestyle Differences 10:00 - Which Country Is Better for You? Connect with The Rothbard Group: 🌐 Website: https://rothbardgroup.com 💼 LinkedIn:   / rothbardgroup   📸 Instagram:   / rothbardgroup   Disclaimer: Content is for informational purposes only and does not constitute legal or tax advice. Marketing of the Rothbard Group is carried out by its authorized reseller, Rothbard Global. Javier Correa is an attorney licensed in Venezuela and Enrolled Agent in the United States of America authorized to practice before the IRS and the Legal Director of the Rothbard Group. #territorialtax #panamaresidency #costarica