Moving to Panama from Hong Kong

moving to

What to Expect

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

If you moved from Hong Kong to Panama, you would find that Panama is 27.5% cheaper than Hong Kong overall. A HK$587,771 salary in Hong Kong would need to be roughly PAB41,787 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. Expect a noticeable climate shift — Panama City averages 93°F vs 79°F in Hong Kong, making it significantly warmer.

How Far Will Your Money Go?

What to expect for your wallet after moving from Hong Kong to Panama.

What does your salary buy?

HK$587,771 PAB41,787

To maintain the same standard of living in Panama

Calculate with your salary →

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

Restaurants

pay 8.4% more

Groceries

pay 16.4% less

Transportation

pay 33.1% less

Housing

pay 15.4% less

Childcare

pay 61.4% less

Entertainment and Sports

pay 49.8% less

See full cost of living breakdown
Exchange rate: 1 HKD = 0.1276 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 Hong Kong to Panama, based on official data.

Living there in 2020
337 ↑ 20% vs 2015

people born in Hong Kong 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 Hong Kong to Panama.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

HK
0.4
PA
11.3

Hong Kong performs better than Panama across all safety metrics.

What about the environment?

CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

HK
4.6t
PA
2.7t

Panama performs significantly better than Hong Kong 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

HK
39.8
PA
15.5
Electricity per capita World Bank, 2022

annual consumption — reflects grid capacity

HK
6,375 kWh
PA
2,546 kWh

Hong Kong performs better than Panama across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

HK
3.9%
PA
6.7%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

HK
$64,400
PA
$35,800

Hong Kong performs better than Panama across all employment & economy metrics.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

HK
83.6 yrs
PA
77.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

HK
2.5
PA
16.4

Hong Kong performs better than Panama across all family life metrics.

Data: Inland Revenue Department, Hong Kong, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Hong Kong Rain: 95.7 in/yr (2431 mm)
79° / 71°F

Avg. annual high / low

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

Avg. annual high / low

Months Hong Kong Panama City
Jan–Mar 68°/61°F (20°/16°C) 94°/65°F (34°/18°C)
Apr–Jun 83°/75°F (28°/24°C) 94°/69°F (35°/21°C)
Jul–Sep 88°/80°F (31°/27°C) 92°/70°F (34°/21°C)
Oct–Dec 76°/68°F (24°/20°C) 91°/68°F (33°/20°C)
View all months
Month Hong Kong Panama City
Jan 66°/58°F (18.7°/14.6°C) 92°/65°F (33.4°/18.5°C)
Feb 67°/60°F (19.4°/15.3°C) 94°/65°F (34.2°/18.4°C)
Mar 71°/64°F (21.9°/17.6°C) 95°/65°F (34.8°/18.4°C)
Apr 78°/70°F (25.6°/21.1°C) 96°/67°F (35.4°/19.5°C)
May 84°/76°F (28.8°/24.5°C) 94°/70°F (34.5°/21.1°C)
Jun 87°/80°F (30.7°/26.5°C) 93°/70°F (33.8°/21.3°C)
Jul 89°/80°F (31.6°/26.9°C) 93°/70°F (33.9°/21.0°C)
Aug 88°/80°F (31.3°/26.7°C) 93°/70°F (33.9°/20.9°C)
Sep 87°/79°F (30.5°/26.1°C) 91°/70°F (32.9°/21.0°C)
Oct 83°/75°F (28.1°/23.9°C) 91°/69°F (32.6°/20.8°C)
Nov 76°/69°F (24.5°/20.3°C) 91°/69°F (32.9°/20.3°C)
Dec 69°/61°F (20.4°/16.2°C) 92°/67°F (33.3°/19.2°C)

Data: Hong Kong Observatory Hong Kong Observatory, 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 Hong Kong 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.

Hong Kong passport

Hong Kong passport holder visiting Panama

Visa Free
Hong Kong passport holders can enter Panama without a visa.
Panama passport

Panama passport holder visiting Hong Kong

Visa Free
Panama passport holders can enter Hong Kong 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 Hong Kong?

Yes — Panama is on average about 44% cheaper than Hong Kong. City-level variation can be significant.

How much money do I need to move to Panama?

Plan for at least 3 months of living expenses — roughly PAB10,447 in Panama on a HK$587,771 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?

Hong Kong performs better than Panama across all safety metrics. The homicide rate in Panama is 11.3 per 100,000 people, compared to 0.4 in Hong Kong.

What's the weather like in Panama compared to Hong Kong?

The average high temperature in Panama City is 93°F, compared to 79°F in Hong Kong. Panama City receives around 75.1 in of rainfall per year, while Hong Kong gets 95.7 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In Hong Kong, the official languages are Chinese and English.

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At a Glance

HK PA
Population 7,276,588 4,337,768
Currency Hong Kong Dollar (HK$) Panamanian Balboa (PAB)
Languages Chinese, English Spanish
Driving side Left Right
Calling code +852 +507
Time zones 1 1
Emergency number 999 911