Your life in Panama starts here

Make your move to Panama

Foreign income goes untaxed under Panama's territorial system, and a dedicated retiree route offers a straightforward path to residency. Costs stay low, property is very affordable, and the climate is warm year-round.

Panama at a glance

Cost of living
Low
Property
Very affordable
Healthcare
Basic
Safety
Some concerns
Climate
Warm (~27°C)
English
Moderate
Expat community
Established

Where Panama is strongest: visa ease #1 of 81tax friendliness #22 of 81cost of living #24 of 77

Worth weighing up: safety #67 of 78healthcare #57 of 78English-friendliness #59 of 81

TaxTerritorial: foreign income untaxed
Visa / residencyPensionado ($1,000/mo → PR)

General information to compare destinations, not personal financial, tax or immigration advice.

Health insurance in Panama

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Your first steps to Panama

Panama – Visas

Panama’s immigration framework is relatively welcoming to those considering a permanent move abroad. Nationals of many countries can…

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Panama – Residency

Panama ranks among the most welcoming countries in Latin America when it comes to residency options for foreign…

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Fresh from Panama

Latest articles

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You won’t be the first

Real people who made the move

Janet Sussman

Who are you? That’s a tough one! I am a lot of things…a lot of women…a lot of…

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By Edgington, Boquete

Who are you? By Edgington (short for Byron, but no one ever gets it right).Where, when and why…

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Susanna Perkins, Las Tablas

Who are you? I’m Susanna Perkins. I’m a writer. Married, with 5 grown kids and 1 granddaughter. Interested…

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Kris & Joel, David

Who are you? I’m Kris, wife of Joel, and we are retired and living in Panama. I was…

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The complete picture

Panama moving guide

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Panama – Air Travel

Panama outperforms expectations as an aviation centre. Tocumen International Airport, located in Panama City, ranks as the busiest…

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Panama – Banking

Panama ranks among Latin America’s most welcoming and well-developed banking environments for foreign residents. Home to more than…

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Panama – Buses and Trams

Getting around Panama by bus is among the most cost-effective and convenient options available to residents and visitors…

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Panama – Buying or Importing a Car

Purchasing or importing a vehicle in Panama is open to foreigners without any residency requirement — visitors travelling…

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Panama – Buying Property

Foreign nationals are permitted to purchase and hold property in Panama with rights that closely mirror those of…

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Panama – Car Rental

For most visitors, renting a car in Panama is a relatively simple process. Your home-country driving licence is…

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Panama – Citizenship

Panama provides multiple pathways to citizenship, with naturalisation after five years of continuous permanent residency being the most…

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Panama – Cost of Living

Panama is widely regarded as substantially cheaper than most Western nations, with consumer prices typically running 30–50% below…

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Panama – Cycling

Panama presents a nuanced reality for cyclists: a modest but expanding riding community, a selection of dedicated bike…

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