Panama
Panama landmark

Neoredacturus, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons

Capital Panama City
Visa cost per person: 250 USD
Visa length: 9 months, renewable for 9 more months, up to 18 months total
Visa length months: 18
Visa can renew? No
Income requirements
  • for 1 person: 3000 USD
  • for 3 persons: 4500 USD

Panama offers a stable economy, modern infrastructure, and affordable living, particularly for retirees. The Friendly Nations Visa and Pensionado Program make it easy for expats to obtain long-term residency. The country boasts excellent healthcare, reliable transportation, and a warm climate. Panama City combines urban amenities with proximity to beaches and nature. It’s ideal for retirees, digital nomads, and professionals seeking a mix of modern and relaxed living.

Property rent sites

According to our statistics, you can rent a studio in Panama for $900-1100 per month. A 1-bedroom apartment will cost $1300-1900 per month, and a 2-bedroom apartment can be rented for $1800-2300 per month.

Internet cost

$30-$60/month

Car rent sites

Travel and vacation sites