Panama
Retiring to Panama from the US, Canada, the UK, Ireland, Australia or New Zealand. Panama has a retirement residence route: Permiso de residente permanente — jubilado o pensionado (PRP-JP) — permanent residence permit for retirees and pensioners. It requires USD $1,000 a month in income (Residente permanente — jubilado o pensionado (PRP-JP)).
PAB B/.1,000.00 a month · Ley 84 de 1904 (Panamá), art. 1: the US dollar is legal tender at par with the balboa, 1904-06-28Sources: Servicio Nacional de Migración (Panamá): Requisitos para jubilado pensionado (PRP-JP) — Decreto Ejecutivo 320 de 2008, art. 200 (reformed 2009), 2026-10-20 · Servicio Nacional de Migración (Panamá): Requisitos para jubilado pensionado (PRP-JP) — Decreto Ejecutivo 320 de 2008, art. 200 (reformed 2009), 2009-03-02
The country figures on this page were checked at their official sources between Oct 16, 2026 and Oct 20, 2026; each one shows its own source and date.
Research in progress. The official data sources for Panama have not yet been through our quality assessment, so this page is incomplete. What is published here is sourced and dated; what is missing is missing rather than estimated.
Residency and healthcare · measured for Panama
Residente permanente — jubilado o pensionado (PRP-JP)
- Income
- USD $1,000 / month PAB B/.1,000.00 / month · Ley 84 de 1904 (Panamá), art. 1: the US dollar is legal tender at par with the balboa, 1904-06-28 1 × PRP-JP pension (PAB B/.1,000 per month, in force Mar 2, 2009) · A certified lifetime pension. PAB B/.750 a month is enough with Panamanian property worth over B/.100,000 bought in the applicant's own name; spouses may combine their pensions; B/.250 a month more per dependant. The balboa is at par with the US dollar.
- Food 107.8
- Housing, water, electricity and gas 71.7
- Health 101.8
- Transport 64.4
- Restaurants and hotels 78.2
- Communication 143.4
- Clothing and footwear 74.2
- Overall average 82.6
Cite this
Source: ExpatAlmanac, "Prices against the world average in Panama", https://expatalmanac.com/panama, figures as of 2021; original data: World Bank, International Comparison Program 2021 (CC BY 4.0).
How you may quote us: terms of use.
From United States
Visiting
Not yet verified.Who may tax your pension here
- Private or workplace pension: not yet verified from the treaty text
- State pension: not yet verified from the treaty text
- Government-service pension: not yet verified from the treaty text
Healthcare from home
Not yet verified.Travel advice
Not yet linked.From Canada
Visiting
Not yet verified.Who may tax your pension here
- Private or workplace pension: not yet verified from the treaty text
- State pension: not yet verified from the treaty text
- Government-service pension: not yet verified from the treaty text
Healthcare from home
Not yet verified.Travel advice
Not yet linked.From United Kingdom
Visiting
Not yet verified.Who may tax your pension here
- Private or workplace pension: not yet verified from the treaty text
- State pension: not yet verified from the treaty text
- Government-service pension: not yet verified from the treaty text
Healthcare from home
Not yet verified.Travel advice
Not yet linked.From Ireland
Visiting
Not yet verified.Who may tax your pension here
- Private or workplace pension: not yet verified from the treaty text
- State pension: not yet verified from the treaty text
- Government-service pension: not yet verified from the treaty text
Healthcare from home
Not yet verified.Travel advice
Not yet linked.From Australia
Visiting
Not yet verified.Who may tax your pension here
- Private or workplace pension: not yet verified from the treaty text
- State pension: not yet verified from the treaty text
- Government-service pension: not yet verified from the treaty text
Healthcare from home
Not yet verified.Travel advice
Not yet linked.From New Zealand
Visiting
Not yet verified.Who may tax your pension here
- Private or workplace pension: not yet verified from the treaty text
- State pension: not yet verified from the treaty text
- Government-service pension: not yet verified from the treaty text
Healthcare from home
Not yet verified.Travel advice
Not yet linked.From South Africa
Visiting
Not yet verified.Who may tax your pension here
- Private or workplace pension: not yet verified from the treaty text
- State pension: not yet verified from the treaty text
- Government-service pension: not yet verified from the treaty text
Healthcare from home
Not yet verified.Travel advice
Not yet linked.Cite this
Source: ExpatAlmanac, "Residency and healthcare in Panama", https://expatalmanac.com/panama, figures as of 2026; original data: Servicio Nacional de Migración (Panamá): Requisitos para jubilado pensionado (PRP-JP) — Decreto Ejecutivo 320 de 2008, art. 200 (reformed 2009).
How you may quote us: terms of use.
Towns we cover in Panama
We don't cover any towns in Panama yet.
Provinces — no town covered yet: Bocas del Toro · Chiriquí · Coclé · Colón · Darién · Embera · Guna Yala · Herrera · Los Santos · Naso Tjër Di · Ngöbe-Buglé Comarca · Panamá · Panamá Oeste · Veraguas
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