Panama
Comprehensive dataAmericas — Expat guide for moving and living abroad
Overview
Capital
Panama City
Currency
PAB
Continent
Americas
Entry requirements
Check if your passport needs a visa for Panama.
Check visa requirementsPopular passport access to Panama
| Passport | Status | Max Stay |
|---|---|---|
| United States | Visa Free | 180 days |
| United Kingdom | Visa Free | 180 days |
| Germany | Visa Free | 180 days |
| France | Visa Free | 180 days |
| Spain | Visa Free | 180 days |
| India | Visa Required | 30 days |
| Australia | Visa Free | 180 days |
| Canada | Visa Free | 180 days |
| Brazil | Visa Free | 180 days |
| China | Visa Required | 30 days |
Detailed visa guides for Panama
Monthly costs
Panama City
Rent (center)
900 USD/mo
Groceries
300 USD/mo
Transport
40 USD/mo
Est. Monthly Total
1,320 USD/mo
Work Permits
Panama offers a Digital Nomad / Freelance visa option.
-
Friendly Nations Visa
Duration: Permanent residence
Citizens of 50 friendly nations with economic ties to Panama (job offer, business, or bank deposit of USD 5,000)
-
Work Permit (Permiso de Trabajo)
Duration: 1 year, renewable
Employer-sponsored, labour market test
-
Digital Nomad Visa (Short Stay Remote Worker)
Duration: 9 months, extendable to 18 months
Remote workers earning min USD 3,000/month from foreign sources
Salary & Tax
Income Tax Range
0% – 25%
Social Security (Employee)
0.0975%
Territorial tax system — only Panama-source income is taxed. Foreign income not taxed. Employee social security ~9.75% (social security 7.25% + educational insurance 1.25% + professional risk 1.25%). Very attractive for remote workers.
Calculate your net salary