Retire in Panama

Compare 1 cities in Panama for retirement — costs, safety, healthcare, climate, and visa options.

🏙️ Cities Compared

CityMonthly (Couple)SafetyHealthcareClimateCharm
Panama City$2,24645627240

🛂 Visa & Residency Programs

Panama Pensionado Visa
Min. Monthly Income$1,000/mo
Min. SavingsN/A
Path to PRYes
Citizenship5 years
Panama Friendly Nations Visa
Min. Monthly IncomeN/A
Min. Savings$5,000
Path to PRYes
Citizenship5 years
Panama Qualified Investor Visa
Min. Monthly IncomeN/A
Min. Savings$300,000
Path to PRYes
Citizenship5 years

Full Panama visa guide →

💼 Tax Overview

Inheritance TaxNone
Capital Gains Tax10%
Dividend Tax10%
Wealth TaxNone
Health Insurance (60+)$200/mo

Frequently Asked Questions

What is the cheapest city to retire in Panama?

The most affordable city for retirees in Panama is Panama City, with a monthly cost of approximately $2,246 for a couple.

Do I need a visa to retire in Panama?

Panama offers 3 visa programs for retirees. Check our detailed visa guide for requirements.

Is there inheritance tax in Panama?

Inheritance tax in Panama: None. Capital gains tax: 10%.

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Data Sources & Methodology

Our retirement data is compiled from multiple authoritative sources, cross-referenced for accuracy:

All data is for informational purposes only and updated periodically. Individual circumstances may vary. Consult a qualified financial advisor for personal retirement planning. Last updated: March 2026.