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Head to head

Colombia vs Panama: the digital nomad visas compared

Partially verified Last verified June 15, 2026 Reviewed by Henry van de Vorming

The short version

  • Colombia has the lower entry bar: €1,130 per month versus €2,580 for Panama.
  • Colombia grants a longer initial stay (24 months vs 9).
Side-by-side comparison of the Colombia V-Nomad and the Panama Remote Worker Visa.
Criteria Colombia V-Nomad Panama Remote Worker Visa
Minimum income / month €1,130 (better) €2,580
Income basis Mixed (salary, freelance or savings) Mixed (salary, freelance or savings)
Initial duration 2 years (better) 9 months
Renewable No Yes (better)
Maximum total stay 2 years 18 months
Path to permanent residence No No
Path to citizenship No No
Family inclusion Yes Yes
Working for local clients Not allowed Not allowed
Tax treatment Territorial taxation Territorial taxation
Health insurance Required (explicit) Required (explicit)
Insurance duration required Full visa period Full visa period
Application fee ≈ €213 (better) ≈ €215
Where to apply Online, Embassy / consulate In country
Processing time — 6–9 weeks

Green values mark the objectively better number in that row.

Full guide

Colombia V-Nomad →

Requirements, application steps, insurance and sources.

Full guide

Panama Remote Worker Visa →

Requirements, application steps, insurance and sources.

Don't forget insurance

Both programs have their own health-insurance rules — we match plans against each one's published requirement, with the evidence shown.

Insurance for Colombia → Insurance for Panama →

Sources