Panama

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Territorial taxation and a retiree-friendly visa program.

Planning readiness

Pensionado visaFriendly Nations visaTerritorial taxationUSD-based economy

Panama's territorial tax system and the Pensionado visa program make it attractive for retirees. USD-based economy simplifies financial planning for US-origin relocations.

At a glance

Language

Spanish (Official)

Population4,516,000

Destinations

Panama City San Miguelito David

CurrencyUnited States Dollar (USD)

1 USD = 0.8566 EUR

1 EUR = 1.1674 USD

Updated Apr 13, 2026, 2:17 PM UTCSource: numbeo

Start planning your move

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Essentials

Remote Work

Retiring Abroad