Moving to Panama from Ireland

moving to

What to Expect

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

If you moved from Ireland to Panama, you would find that Panama is 38.4% cheaper than Ireland overall. A €67,000 salary in Ireland would need to be roughly PAB46,300 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 56°F in Dublin, making it significantly warmer.

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How Far Will Your Money Go?

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

What does your salary buy?

€67,000 → PAB46,300

To maintain the same standard of living in Panama

Calculate with your salary →

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

Restaurants

pay 46.0% less

Groceries

pay 0.9% more

Transportation

pay 52.1% less

Housing

pay 47.6% less

Childcare

pay 27.7% less

Entertainment and Sports

pay 45.7% less

See full cost of living breakdown
Exchange rate: 1 EUR = 1.12 PAB (October 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 Ireland to Panama, based on official data.

Living there in 2020
109 ↑ 18% vs 2015

people born in Ireland 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 Ireland to Panama.

Is it safe?

Homicide rate World Bank, 2023

per 100,000 people per year

IE
0.7
PA
11.7
Feel safe walking at night United Nations SDG Indicators, 2019

of residents who feel safe walking alone at night

IE
75%
PA
33%

Ireland performs better than Panama across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

IE
$8,772
PA
$3,318
Doctors per 10,000 people World Bank, 2023

affects wait times and access to care

IE
38.8
PA
16.2

Ireland 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

IE
13.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IE
6.0t
PA
2.7t

Ireland generally does better on environment, though Panama leads in co₂ emissions per capita.

Will I have good infrastructure?

Broadband per 100 people World Bank, 2024

fixed broadband subscriptions — key for remote work

IE
32.3
PA
18.1
Water stress level World Bank, 2022

higher means greater strain on freshwater supply

IE
8.1%
PA
0.9%

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

What are the job prospects?

Unemployment rate World Bank, 2025

percentage of the labour force without work

IE
4.6%
PA
8.4%
GDP per capita World Bank, 2025

a broad measure of economic output per person

IE
$131,592
PA
$19,790

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

Is it good for families?

Life expectancy World Bank, 2024

average years of life at birth

IE
83.0 yrs
PA
79.8 yrs
Infant mortality World Bank, 2024

deaths per 1,000 live births — lower is better

IE
3.4
PA
12.0

Ireland performs better than Panama across all family life metrics.

Sources: World Bank (2021–2025), United Nations SDG Indicators (2016–2021), World Health Organization (2024), The Office of the Revenue Commissioners (2016), General Directorate of Revenues, Panama (2016). How we calculate this

What's the Climate Like?

Monthly averages — select a city to compare.

Dublin Rain: 29.8 in/yr (758 mm)
56° / 44°F

Avg. annual high / low

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

Avg. annual high / low

Months Dublin Panama City
Jan–Mar 49°/37°F (10°/3°C) 94°/65°F (34°/18°C)
Apr–Jun 59°/44°F (15°/7°C) 94°/69°F (35°/21°C)
Jul–Sep 66°/52°F (19°/11°C) 92°/70°F (34°/21°C)
Oct–Dec 51°/41°F (11°/5°C) 91°/68°F (33°/20°C)
View all months
Month Dublin Panama City
Jan 47°/36°F (8.1°/2.4°C) 92°/65°F (33.4°/18.5°C)
Feb 47°/36°F (8.3°/2.3°C) 94°/65°F (34.2°/18.4°C)
Mar 54°/38°F (12.1°/3.4°C) 95°/65°F (34.8°/18.4°C)
Apr 54°/40°F (12.1°/4.6°C) 96°/67°F (35.4°/19.5°C)
May 59°/44°F (14.8°/6.9°C) 94°/70°F (34.5°/21.1°C)
Jun 64°/49°F (17.6°/9.6°C) 93°/70°F (33.8°/21.3°C)
Jul 67°/53°F (19.5°/11.7°C) 93°/70°F (33.9°/21.0°C)
Aug 67°/53°F (19.2°/11.5°C) 93°/70°F (33.9°/20.9°C)
Sep 63°/50°F (17.0°/9.8°C) 91°/70°F (32.9°/21.0°C)
Oct 56°/45°F (13.6°/7.3°C) 91°/69°F (32.6°/20.8°C)
Nov 51°/40°F (10.3°/4.5°C) 91°/69°F (32.9°/20.3°C)
Dec 47°/37°F (8.3°/2.8°C) 92°/67°F (33.3°/19.2°C)

Data: Met Éireann, The Irish Meteorological Service Met Éireann, The Irish Meteorological Service, 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 Ireland 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.

Ireland passport

Ireland passport holder visiting Panama

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

Panama passport holder visiting Ireland

Visa Free
Panama passport holders can enter Ireland 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 Ireland?

Yes — Panama is on average about 38% cheaper than Ireland. 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 PAB11,575 in Panama on a €67,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).

Can I work remotely from Panama?

Internet is rarely the blocker — Panama has 18.1 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?

Ireland performs better than Panama across all safety metrics. The homicide rate in Panama is 11.7 per 100,000 people, compared to 0.7 in Ireland. About 33% of people in Panama feel safe walking alone at night.

How is healthcare in Panama compared to Ireland?

Ireland generally does better on health & wellbeing, though Panama leads in healthcare spending per person. There are 16.2 doctors per 10,000 people in Panama, compared to 38.8 in Ireland. Panama scores 78 on the WHO universal health coverage index (Ireland: 83).

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

The average high temperature in Panama City is 93°F, compared to 56°F in Dublin. Panama City receives around 75.1 in of rainfall per year, while Dublin gets 29.8 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In Ireland, the official languages are English and Irish.

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At a Glance

IE PA
Population 5,484,367 4,571,189
Currency Euro (€) Panamanian Balboa (PAB)
Languages English, Irish Spanish
Driving side Left Right
Calling code +353 +507
Time zones 1 1
Emergency number 112 911