Panama
PA · Latin America & Caribbean · #85
- Languages
- Spanish
- Currency
- Panamanian balboa (PAB), United States dollar (USD)
In short
The passport reaches 125 destinations without applying in advance, 88 of them with no visa at all. Tax regime: Territorial. The top personal income tax rate is 25%. Its strongest flag is Passport, scoring 66 out of 100. We catalogue 3 residency routes here.
How to enter a country
Tourist entry
Enters visa-free, for up to 90 days.
Residency programmes
- Friendly Nations VisaEntrepreneur
For nationals of listed countries, through a company or local job.
Eligible nationality, plus economic activity or property
Citizenship in ~5 yearsOfficial source - Pensioner VisaRetirement
Retirees get legally mandated discounts on transport, health and leisure.
Proven lifetime pension
Citizenship in ~5 yearsOfficial source
Curation compiled on 2026-07-26. Immigration rules change without notice - confirm at the official source before deciding anything.
My profile
Passport66
Tax residency62
Business51
Assets58
Lifestyle46
Passport mobility
Passport mobility125
Visa-free88
Visa on arrival33
Visa required37
Rule of law
Rule of law-0.262024
Political stability0.262024
Control of corruption-0.552024
Government effectiveness0.252024
Regulatory quality-0.072024
Corporate tax
Corporate tax25.0%2023
Tax regimeTerritorial2026
Top personal rate25.0%2026
Days to tax residency1832026
GDP per capita$19,7902025
Life expectancy79.82024
Internet usage72.8%2024
Inflation-0.2%2025
HDI0.8392023
Education (PISA)3792022
Corruption perception (CPI)332024
Global peace (GPI)1.9762026
Big MacNo data
Big Mac affordabilityNo data
Unemployment8.4%2025
Price level
Price level0.452025
Homicides11.72023
Air pollution15.12023
Health spending$1,5582023