Moving to Panama from Iraq

moving to

What to Expect

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

If you moved from Iraq to Panama, you would find that Panama is 2.3 times more expensive than Iraq overall. A IQD98,250,000 salary in Iraq would need to be roughly PAB146,695 in Panama to maintain the same lifestyle, and you’d need to navigate life in Spanish.

How Far Will Your Money Go?

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

What does your salary buy?

IQD98,250,000 PAB146,695

To maintain the same standard of living in Panama

Calculate with your salary →

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

Restaurants

pay 2.9 times more

Groceries

pay 2.8 times more

Transportation

pay 32.3% more

Housing

pay 2.1 times more

Childcare

pay 3.6 times more

Entertainment and Sports

pay 41.8% more

See full cost of living breakdown
Exchange rate: 1 IQD = 0.0008 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

Key Indicator Comparison

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

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

IQ
9.4
PA
11.3
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

IQ
21.5
PA
7.3

Iraq 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

IQ
$843
PA
$3,318
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

IQ
10.1
PA
17.3

Panama generally does better on health & wellbeing, though Iraq 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

IQ
87.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IQ
5.2t
PA
2.7t

Panama performs significantly better than Iraq 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

IQ
14.4
PA
15.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

IQ
59.6%
PA
0.9%

Panama performs significantly better than Iraq across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

IQ
15.5%
PA
6.7%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IQ
$12,600
PA
$35,800

Panama generally does better on employment & economy, though Iraq leads in top income tax rate.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IQ
73.2 yrs
PA
77.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IQ
19.6
PA
16.4

Panama generally does better on family life, though Iraq leads in education spending.

Data: Ministry of Finance, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Baghdad Rain: 4.8 in/yr (123 mm)
87° / 59°F

Avg. annual high / low

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

Avg. annual high / low

Months Baghdad Panama City
Jan–Mar 66°/43°F (19°/6°C) 94°/65°F (34°/18°C)
Apr–Jun 97°/67°F (36°/20°C) 94°/69°F (35°/21°C)
Jul–Sep 108°/74°F (43°/24°C) 92°/70°F (34°/21°C)
Oct–Dec 77°/50°F (25°/10°C) 91°/68°F (33°/20°C)
View all months
Month Baghdad Panama City
Jan 60°/39°F (15.5°/3.8°C) 92°/65°F (33.4°/18.5°C)
Feb 65°/42°F (18.5°/5.5°C) 94°/65°F (34.2°/18.4°C)
Mar 74°/49°F (23.6°/9.6°C) 95°/65°F (34.8°/18.4°C)
Apr 86°/59°F (29.9°/15.2°C) 96°/67°F (35.4°/19.5°C)
May 98°/68°F (36.5°/20.1°C) 94°/70°F (34.5°/21.1°C)
Jun 106°/74°F (41.3°/23.3°C) 93°/70°F (33.8°/21.3°C)
Jul 111°/78°F (44.0°/25.5°C) 93°/70°F (33.9°/21.0°C)
Aug 110°/76°F (43.5°/24.5°C) 93°/70°F (33.9°/20.9°C)
Sep 104°/69°F (40.2°/20.7°C) 91°/70°F (32.9°/21.0°C)
Oct 92°/61°F (33.4°/15.9°C) 91°/69°F (32.6°/20.8°C)
Nov 75°/49°F (23.7°/9.2°C) 91°/69°F (32.9°/20.3°C)
Dec 63°/41°F (17.2°/5.1°C) 92°/67°F (33.3°/19.2°C)

Data: Iraqi Meteorological Organization and Seismology Iraqi Meteorological Organization and Seismology, 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 Iraq 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.

Iraq passport

Iraq passport holder visiting Panama

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

Panama passport holder visiting Iraq

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

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 Iraq?

No — Panama is on average about 96% more expensive than Iraq. City-level variation matters.

How much money do I need to move to Panama?

Plan for at least 3 months of living expenses — roughly PAB36,674 in Panama on a IQD98,250,000 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?

Iraq 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 9.4 in Iraq.

How is healthcare in Panama compared to Iraq?

Panama generally does better on health & wellbeing, though Iraq leads in healthcare spending per person. There are 17.3 doctors per 10,000 people in Panama, compared to 10.1 in Iraq. Panama scores 78 on the WHO universal health coverage index (Iraq: 59).

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

The average high temperature in Panama City is 93°F, compared to 87°F in Baghdad. Panama City receives around 75.1 in of rainfall per year, while Baghdad gets 4.8 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In Iraq, the official languages are Arabic, Aramaic and Sorani.

Share this

At a Glance

IQ PA
Population 40,462,701 4,337,768
Currency Iraqi Dinar (IQD) Panamanian Balboa (PAB)
Languages Arabic, Aramaic, Sorani Spanish
Driving side Right Right
Calling code +964 +507
Time zones 1 1
Emergency number 104 911