Moving to Panama from Chile

moving to

What to Expect

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

If you moved from Chile to Panama, you would find that Panama is 27.3% more expensive than Chile overall. A CLF1,696 salary in Chile would need to be roughly PAB102,222 in Panama to maintain the same lifestyle. Expect a noticeable climate shift — Panama City averages 93°F vs 73°F in Santiago, making it significantly warmer.

How Far Will Your Money Go?

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

What does your salary buy?

CLF1,696 PAB102,222

To maintain the same standard of living in Panama

Calculate with your salary →

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

Restaurants

pay 2.8% more

Groceries

pay 48.0% more

Transportation

pay 10.5% more

Housing

pay 63.8% more

Childcare

pay 42.8% more

Entertainment and Sports

pay 2.4% more

See full cost of living breakdown
Exchange rate: 1 CLF = 44.22 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.

Get free moving quotes to Panama

We've teamed up with a vetted network of international movers to help MyLifeElsewhere readers plan their move with confidence. Tell us about your move and get up to 5 free, no-obligation quotes in under 2 minutes.

  • ✅ Up to 5 quotes from screened movers
  • ✅ Licensed and insured providers only
  • ✅ 100% free — you choose who contacts you

Who Else Is Making This Move?

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

Living there in 2020
2,178 ↑ 20% vs 2015

people born in Chile 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 Chile to Panama.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

CL
6.7
PA
11.3
Feel safe walking at night United Nations SDG Indicators, 2021

of residents who feel safe walking alone at night

CL
32%
PA
33%

Panama generally does better on safety, though Chile leads in homicide rate.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

CL
$3,612
PA
$3,318
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

CL
31.7
PA
17.3

Chile generally does better on health & wellbeing, though Panama 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

CL
18.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

CL
3.9t
PA
2.7t

Panama performs significantly better than Chile across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

CL
22.7
PA
15.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

CL
9.0%
PA
0.9%

Chile generally does better on infrastructure, though Panama leads in water stress level.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

CL
9.0%
PA
6.7%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

CL
$29,500
PA
$35,800

Panama performs significantly better than Chile across all employment & economy metrics.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

CL
79.8 yrs
PA
77.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

CL
6.5
PA
16.4

Chile performs better than Panama across all family life metrics.

Data: Chilean Tax Administration, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Santiago Rain: 13.5 in/yr (342 mm)
73° / 48°F

Avg. annual high / low

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

Avg. annual high / low

Months Santiago Panama City
Jan–Mar 84°/55°F (29°/12°C) 94°/65°F (34°/18°C)
Apr–Jun 66°/44°F (19°/7°C) 94°/69°F (35°/21°C)
Jul–Sep 63°/41°F (17°/5°C) 92°/70°F (34°/21°C)
Oct–Dec 79°/51°F (26°/10°C) 91°/68°F (33°/20°C)
View all months
Month Santiago Panama City
Jan 86°/56°F (30.1°/13.3°C) 92°/65°F (33.4°/18.5°C)
Feb 85°/55°F (29.5°/12.8°C) 94°/65°F (34.2°/18.4°C)
Mar 81°/53°F (27.4°/11.4°C) 95°/65°F (34.8°/18.4°C)
Apr 74°/47°F (23.1°/8.6°C) 96°/67°F (35.4°/19.5°C)
May 65°/44°F (18.5°/6.4°C) 94°/70°F (34.5°/21.1°C)
Jun 60°/41°F (15.7°/5.0°C) 93°/70°F (33.8°/21.3°C)
Jul 60°/39°F (15.3°/3.9°C) 93°/70°F (33.9°/21.0°C)
Aug 63°/41°F (17.1°/5.1°C) 93°/70°F (33.9°/20.9°C)
Sep 67°/44°F (19.4°/6.8°C) 91°/70°F (32.9°/21.0°C)
Oct 73°/47°F (22.9°/8.6°C) 91°/69°F (32.6°/20.8°C)
Nov 79°/51°F (26.1°/10.3°C) 91°/69°F (32.9°/20.3°C)
Dec 84°/54°F (28.8°/12.2°C) 92°/67°F (33.3°/19.2°C)

Data: Dirección Meteorológica de Chile Dirección Meteorológica de Chile, 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 Chile 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.

Chile passport

Chile passport holder visiting Panama

Visa Free
Chile passport holders can enter Panama without a visa.
Panama passport

Panama passport holder visiting Chile

Visa Free
Panama passport holders can enter Chile without a visa.

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 Chile?

No — Panama is on average about 36% more expensive than Chile. City-level variation matters.

How much money do I need to move to Panama?

Plan for at least 3 months of living expenses — roughly PAB25,556 in Panama on a CLF1,696 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?

Panama generally does better on safety, though Chile leads in homicide rate. The homicide rate in Panama is 11.3 per 100,000 people, compared to 6.7 in Chile. About 33% of people in Panama feel safe walking alone at night.

How is healthcare in Panama compared to Chile?

Chile generally does better on health & wellbeing, though Panama leads in healthcare spending per person. There are 17.3 doctors per 10,000 people in Panama, compared to 31.7 in Chile. Panama scores 78 on the WHO universal health coverage index (Chile: 82).

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

The average high temperature in Panama City is 93°F, compared to 73°F in Santiago. Panama City receives around 75.1 in of rainfall per year, while Santiago gets 13.5 in.

What language do they speak in Panama?

Both Chile and Panama share the same official language: Spanish.

Share this

At a Glance

CL PA
Population 18,430,408 4,337,768
Currency Chilean Unit of Account (UF) (CLF) Panamanian Balboa (PAB)
Languages Spanish Spanish
Driving side Right Right
Calling code +56 +507
Time zones 2 1
Emergency number 131 911