Moving to Panama from Italy

moving to

What to Expect

A comprehensive look at what changes when you move from Italy to Panama — from daily expenses to quality of life.

If you moved from Italy to Panama, you would find that Panama is 16.8% cheaper than Italy overall. A €65,700 salary in Italy would need to be roughly PAB61,236 in Panama to maintain the same lifestyle, and you’d need to navigate life in Spanish. Expect a noticeable climate shift — Panama City averages 93°F vs 69°F in Rome, making it significantly warmer.

Planning this move? Get up to 5 free, no-obligation quotes from vetted international movers. Get free quotes ↓

How Far Will Your Money Go?

How your spending power changes when you relocate from Italy to Panama.

What does your salary buy?

€65,700 PAB61,236

To maintain the same standard of living in Panama

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 38.2% less

Groceries

pay 3.2% more

Transportation

pay 32.7% less

Housing

pay 5.2% more

Childcare

pay 18.6% less

Entertainment and Sports

pay 11.7% less

See full cost of living breakdown
Exchange rate: 1 EUR = 1.14 PAB (July 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?

Real numbers on people moving from Italy to Panama, and how the trend has changed.

Living there in 2020
1,587 ↑ 20% vs 2015

people born in Italy 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

How Italy and Panama stack up on safety, healthcare, jobs, and infrastructure.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

IT
0.6
PA
11.3
Feel safe walking at night United Nations SDG Indicators, 2016

of residents who feel safe walking alone at night

IT
61%
PA
33%

Italy 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

IT
$4,993
PA
$3,318
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

IT
42.5
PA
17.3

Italy 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

IT
15.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

IT
5.1t
PA
2.7t

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

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

IT
31.5
PA
15.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

IT
29.6%
PA
0.9%

Italy 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

IT
7.6%
PA
6.7%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

IT
$52,700
PA
$35,800

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

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

IT
82.6 yrs
PA
77.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

IT
3.2
PA
16.4

Italy performs better than Panama across all family life metrics.

Data: Italian Revenue Agency, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Rome Rain: 31.7 in/yr (804 mm)
69° / 50°F

Avg. annual high / low

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

Avg. annual high / low

Months Rome Panama City
Jan–Mar 56°/39°F (13°/4°C) 94°/65°F (34°/18°C)
Apr–Jun 72°/53°F (22°/11°C) 94°/69°F (35°/21°C)
Jul–Sep 85°/63°F (29°/17°C) 92°/70°F (34°/21°C)
Oct–Dec 62°/45°F (17°/7°C) 91°/68°F (33°/20°C)
View all months
Month Rome Panama City
Jan 53°/38°F (11.9°/3.1°C) 92°/65°F (33.4°/18.5°C)
Feb 55°/38°F (13.0°/3.5°C) 94°/65°F (34.2°/18.4°C)
Mar 59°/41°F (15.2°/5.2°C) 95°/65°F (34.8°/18.4°C)
Apr 64°/46°F (17.7°/7.5°C) 96°/67°F (35.4°/19.5°C)
May 73°/53°F (22.8°/11.6°C) 94°/70°F (34.5°/21.1°C)
Jun 80°/60°F (26.9°/15.3°C) 93°/70°F (33.8°/21.3°C)
Jul 87°/64°F (30.3°/18.0°C) 93°/70°F (33.9°/21.0°C)
Aug 87°/65°F (30.6°/18.3°C) 93°/70°F (33.9°/20.9°C)
Sep 80°/59°F (26.5°/15.2°C) 91°/70°F (32.9°/21.0°C)
Oct 71°/52°F (21.4°/11.3°C) 91°/69°F (32.6°/20.8°C)
Nov 61°/44°F (15.9°/6.9°C) 91°/69°F (32.9°/20.3°C)
Dec 55°/40°F (12.6°/4.2°C) 92°/67°F (33.3°/19.2°C)

Data: Italian Air Force- Department of Meteorology Italian Air Force- Department of Meteorology, 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 Italy 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.

Italy passport

Italy passport holder visiting Panama

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

Panama passport holder visiting Italy

Visa Free
Panama passport holders can enter Italy 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 Italy?

Generally yes: Panama runs about 18% cheaper than Italy on average, though it depends heavily on the city.

How much money do I need to move to Panama?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a €65,700 comparable salary, that's around PAB15,309 in Panama for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Panama?

With 15.5 fixed broadband subscriptions per 100 people, Panama can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Italy and Panama.

Is Panama safe for expats?

Italy performs better than Panama across all safety metrics. The homicide rate in Panama is 11.3 per 100,000 people, compared to 0.6 in Italy. About 33% of people in Panama feel safe walking alone at night.

How is healthcare in Panama compared to Italy?

Italy 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 42.5 in Italy. Panama scores 78 on the WHO universal health coverage index (Italy: 84).

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

The average high temperature in Panama City is 93°F, compared to 69°F in Rome. Panama City receives around 75.1 in of rainfall per year, while Rome gets 31.7 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In Italy, the official languages are Catalan and Italian.

Share this

At a Glance

IT PA
Population 61,095,551 4,337,768
Currency Euro (€) Panamanian Balboa (PAB)
Languages Catalan, Italian Spanish
Driving side Right Right
Calling code +39 +507
Time zones 1 1
Emergency number 112 911