Panama City, Panama
Panama

Panama City

75 Freedom Score
★★★☆☆
#37 globally

The trader's ultimate base — NYSE hours match perfectly (same timezone as EST), 0% tax on foreign income, dollarized economy, and a booming Casco Viejo old town surrounded by a Manhattan-style skyline.

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Quick Stats

68/100
Digital Score
60/100
Safety
62/100
Environment

Freedom Score Breakdown

Financial
95/100
Digital
68/100
Lifestyle
78/100
Safety
60/100
Environment
62/100

Cost of Living

Backpacker
per month
Comfortable
per month
Luxury
per month

Life

Cost of Living
$2,000–$3,500/mo
Avg Luxury Apartment
$2,500–$6,000/mo
Safety Index
Moderate — exercise caution
Healthcare
Excellent private care
English Level
Low-moderate
Walkability
Moderate in centre

Climate & Lifestyle

Humidity
Very high (79–85%)
Beaches
1–2 hrs away
Nightlife
Strong scene
Golf
5+ metro courses
Dating Scene
Active

Logistics

Visa Difficulty
Digital Nomad Visa available
Internet Speed
~115 Mbps avg
Airport Score
PTY — LatAm top hub
US Market Hours
9:30am–4pm (same as EST)
Population
~410,000
Tax for Foreigners
0% on foreign income

Frequently Asked Questions

Is Panama City good for digital nomads?

Panama City has a Freedom Score of 75/100, ranking #37 globally. It offers solid value for location-independent workers. The comfortable monthly budget is around varies.

What is the cost of living in Panama City?

A comfortable lifestyle in Panama City costs approximately varies per month. Costs vary depending on lifestyle tier.

Do I need a visa for Panama?

Visa requirements for Panama depend on your nationality and length of stay. Many countries offer tourist visas on arrival or e-visas. For long-term stays, look into digital nomad visas or residency permits. See our visa intelligence guide for details.

What is the internet speed in Panama City?

Panama City has a digital infrastructure score of 68/100. Internet quality varies by neighborhood — test before committing to a long-term rental.

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