Moving to Panama from Bangladesh

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What to Expect

Everything you need to know before relocating from Bangladesh to Panama — costs, safety, healthcare, and practical first steps.

If you moved from Bangladesh to Panama, you would find that Panama is 4.8 times more expensive than Bangladesh overall. A BDT9,207,064 salary in Bangladesh would need to be roughly PAB162,102 in Panama to maintain the same lifestyle, and you’d need to navigate life in Spanish. You’ll also switch from driving on the left to the right.

How Far Will Your Money Go?

What to expect for your wallet after moving from Bangladesh to Panama.

What does your salary buy?

BDT9,207,064 PAB162,102

To maintain the same standard of living in Panama

Calculate with your salary →

Where you'll feel the difference day-to-day

Restaurants

pay 4.8 times more

Groceries

pay 3.3 times more

Transportation

pay 2.5 times more

Housing

pay 7.1 times more

Childcare

pay 11.1 times more

Entertainment and Sports

pay 2.1 times more

See full cost of living breakdown
Exchange rate: 1 BDT = 0.0081 PAB (June 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

How many people actually move from Bangladesh to Panama, based on official data.

Living there in 2020
51 ↑ 21% vs 2015

people born in Bangladesh live in Panama · UN DESA

Who's moving to Panama?

Top countries of origin for Panama's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

Key indicators for anyone considering a move from Bangladesh to Panama.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

BD
2.3
PA
11.3
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

BD
18.6
PA
7.3

Bangladesh generally does better on safety, though Panama leads in road traffic deaths.

How's the healthcare?

Healthcare spending per person World Bank, 2023

annual government + private spending per person

BD
$198
PA
$3,318
Doctors per 10,000 people United Nations SDG Indicators, 2021

affects wait times and access to care

BD
6.7
PA
17.3

Panama generally does better on health & wellbeing, though Bangladesh leads in healthcare spending per person.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

BD
66.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

BD
0.7t
PA
2.7t

Bangladesh generally does better on environment, though Panama leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

BD
7.1
PA
15.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

BD
5.7%
PA
0.9%

Panama performs significantly better than Bangladesh across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

BD
5.1%
PA
6.7%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

BD
$8,200
PA
$35,800

Panama generally does better on employment & economy, though Bangladesh leads in unemployment rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

BD
74.7 yrs
PA
77.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

BD
30.4
PA
16.4

Panama performs significantly better than Bangladesh across all family life metrics.

Data: National Board of Revenue (NBR), Bangladesh, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Dhaka Rain: 84.8 in/yr (2154 mm)
87° / 71°F

Avg. annual high / low

Panama City Rain: 75.1 in/yr (1907 mm)
93° / 68°F

Avg. annual high / low

Months Dhaka Panama City
Jan–Mar 84°/61°F (29°/16°C) 94°/65°F (34°/18°C)
Apr–Jun 91°/76°F (33°/25°C) 94°/69°F (35°/21°C)
Jul–Sep 89°/79°F (32°/26°C) 92°/70°F (34°/21°C)
Oct–Dec 85°/67°F (29°/19°C) 91°/68°F (33°/20°C)
View all months
Month Dhaka Panama City
Jan 78°/55°F (25.4°/12.7°C) 92°/65°F (33.4°/18.5°C)
Feb 83°/60°F (28.1°/15.5°C) 94°/65°F (34.2°/18.4°C)
Mar 90°/69°F (32.4°/20.3°C) 95°/65°F (34.8°/18.4°C)
Apr 93°/74°F (33.8°/23.6°C) 96°/67°F (35.4°/19.5°C)
May 91°/76°F (32.9°/24.5°C) 94°/70°F (34.5°/21.1°C)
Jun 90°/79°F (32.2°/26.1°C) 93°/70°F (33.8°/21.3°C)
Jul 89°/79°F (31.4°/26.2°C) 93°/70°F (33.9°/21.0°C)
Aug 89°/79°F (31.6°/26.3°C) 93°/70°F (33.9°/20.9°C)
Sep 89°/79°F (31.8°/25.9°C) 91°/70°F (32.9°/21.0°C)
Oct 89°/75°F (31.6°/23.8°C) 91°/69°F (32.6°/20.8°C)
Nov 85°/67°F (29.6°/19.2°C) 91°/69°F (32.9°/20.3°C)
Dec 80°/58°F (26.4°/14.3°C) 92°/67°F (33.3°/19.2°C)

Data: IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá

Visitor Visa Requirements

Short-stay tourist visa rules between Bangladesh and Panama. To live, work, or study long-term in Panama, you'll need a separate residence or work visa — check Panama's immigration authority.

Bangladesh passport

Bangladesh passport holder visiting Panama

Visa Required
Bangladesh passport holders need a visa to enter Panama.
Panama passport

Panama passport holder visiting Bangladesh

Visa on Arrival
Panama passport holders can obtain a visa on arrival in Bangladesh.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Panama than Bangladesh?

No — Panama is on average about 116% more expensive than Bangladesh. City-level variation matters.

How much money do I need to move to Panama?

Plan for at least 3 months of living expenses — roughly PAB40,526 in Panama on a BDT9,207,064 comparable salary — plus one-off moving costs (flights, shipping, deposits, visa fees).

Can I work remotely from Panama?

Internet is rarely the blocker — Panama has 15.5 fixed broadband subscriptions per 100 people. The real questions are legal: digital nomad visa eligibility, your employer's overseas-work policy, and tax residency in both countries.

Is Panama safe for expats?

Bangladesh generally does better on safety, though Panama leads in road traffic deaths. The homicide rate in Panama is 11.3 per 100,000 people, compared to 2.3 in Bangladesh.

How is healthcare in Panama compared to Bangladesh?

Panama generally does better on health & wellbeing, though Bangladesh leads in healthcare spending per person. There are 17.3 doctors per 10,000 people in Panama, compared to 6.7 in Bangladesh. Panama scores 78 on the WHO universal health coverage index (Bangladesh: 52).

What's the weather like in Panama compared to Bangladesh?

The average high temperature in Panama City is 93°F, compared to 87°F in Dhaka. Panama City receives around 75.1 in of rainfall per year, while Dhaka gets 84.8 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In Bangladesh, the official language is Bengali.

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At a Glance

BD PA
Population 165,650,475 4,337,768
Currency Bangladeshi Taka (BDT) Panamanian Balboa (PAB)
Languages Bengali Spanish
Driving side Left Right
Calling code +880 +507
Time zones 1 1
Emergency number 999 911