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Panama
🇵🇦 Panama

Panama

The whole move — visa, taxes, insurance, money and cost of living — in one place.

Visa & Residency
Remote Worker Visa
Comfortable solo budget
€2,580/mo
Stay
9 months
Taxes Abroad
Territorial taxation

Living in Panama

The visa is step one. Here is the rest of what it takes to live here — each researched and sourced.

Good to know

  • Foreigners can rent on a passport with the same rights as nationals - no residency or visa status required to sign a lease
  • Panama uses the US dollar, so rents are quoted in USD with no FX risk or conversion for many nomads
  • Private hospitals in Panama City are high quality, with two JCI-accredited facilities (Hospital Punta Pacifica, affiliated with Johns Hopkins Medicine International, and Hospital San Fernando) and many US/Europe-trained, English-speaking doctors.
  • MINSA public clinics and ERs are open to everyone, including foreigners and tourists, at very low cost — a basic public GP visit can be roughly USD 9-11 and a public ER visit around USD 50-100.

Watch out for

  • The 45-day minimum-stay rule in the District of Panama (Ley 80 de 2012) bans sub-45-day rentals without an ATP tourism-lodging permit; it applies district-wide, including Casco Antiguo, so true short-stay options are limited unless the host holds a permit
  • Lease contracts are legally valid only in Spanish (the Spanish version controls) - get a reliable translation before signing
  • A temporary resident or nomad cannot join CSS (the contributory social-insurance fund) — that requires being a formally employed permanent resident who pays into it — so plan to rely on out-of-pocket payment, MINSA public clinics, or private health insurance.
  • Quality and English-speaking care are concentrated in Panama City; rural public facilities are more basic and may have longer waits and limited English.

Cost of living

Panama City €1,600–€2,400/mo
Cost of living →

Qualifying insurance

Qualifying insurance →

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