Moving to Panama from Malaysia

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What to Expect

Considering a move from Malaysia to Panama? Here's how the two countries compare on cost, climate, safety, and more.

If you moved from Malaysia to Panama, you would find that Panama is 73.6% more expensive than Malaysia overall. A MYR297,698 salary in Malaysia would need to be roughly PAB95,712 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.

How Far Will Your Money Go?

A breakdown of how everyday costs differ between Malaysia and Panama.

What does your salary buy?

MYR297,698 PAB95,712

To maintain the same standard of living in Panama

Calculate with your salary →

How key spending categories compare

Restaurants

pay 2.3 times more

Groceries

pay 47.9% more

Transportation

pay 84.8% more

Housing

pay 2.3 times more

Childcare

pay 82.0% more

Entertainment and Sports

pay 17.8% more

See full cost of living breakdown
Exchange rate: 1 MYR = 0.2519 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?

What the data shows about people moving from Malaysia to Panama.

Living there in 2020
33 ↑ 18% vs 2015

people born in Malaysia 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

The numbers behind daily life in Panama compared to Malaysia.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

MY
0.7
PA
11.3
Feel safe walking at night United Nations SDG Indicators, 2021

of residents who feel safe walking alone at night

MY
90%
PA
33%

Malaysia 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

MY
$1,441
PA
$3,318
Doctors per 10,000 people United Nations SDG Indicators, 2021

affects wait times and access to care

MY
23.2
PA
17.3

Malaysia generally does better on health & wellbeing, though Panama leads in health coverage index.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

MY
63.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

MY
8.3t
PA
2.7t

Panama performs significantly better than Malaysia 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

MY
12.4
PA
15.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

MY
3.4%
PA
0.9%

Panama generally does better on infrastructure, though Malaysia leads in electricity per capita.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

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

a broad measure of economic output per person

MY
$33,600
PA
$35,800

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

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

MY
76.1 yrs
PA
77.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

MY
6.6
PA
16.4

Malaysia generally does better on family life, though Panama leads in life expectancy.

Data: Inland Revenue Board of Malaysia, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Kuala Lumpur Rain: 95.6 in/yr (2427 mm)
90° / 74°F

Avg. annual high / low

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

Avg. annual high / low

Months Kuala Lumpur Panama City
Jan–Mar 91°/73°F (33°/23°C) 94°/65°F (34°/18°C)
Apr–Jun 91°/75°F (33°/24°C) 94°/69°F (35°/21°C)
Jul–Sep 90°/74°F (32°/23°C) 92°/70°F (34°/21°C)
Oct–Dec 89°/74°F (32°/23°C) 91°/68°F (33°/20°C)
View all months
Month Kuala Lumpur Panama City
Jan 90°/72°F (32.1°/22.5°C) 92°/65°F (33.4°/18.5°C)
Feb 91°/73°F (32.9°/22.8°C) 94°/65°F (34.2°/18.4°C)
Mar 92°/74°F (33.2°/23.2°C) 95°/65°F (34.8°/18.4°C)
Apr 92°/75°F (33.1°/23.7°C) 96°/67°F (35.4°/19.5°C)
May 91°/75°F (32.9°/23.9°C) 94°/70°F (34.5°/21.1°C)
Jun 91°/74°F (32.7°/23.6°C) 93°/70°F (33.8°/21.3°C)
Jul 90°/74°F (32.3°/23.2°C) 93°/70°F (33.9°/21.0°C)
Aug 90°/74°F (32.3°/23.1°C) 93°/70°F (33.9°/20.9°C)
Sep 90°/74°F (32.1°/23.2°C) 91°/70°F (32.9°/21.0°C)
Oct 90°/74°F (32.1°/23.2°C) 91°/69°F (32.6°/20.8°C)
Nov 89°/74°F (31.6°/23.2°C) 91°/69°F (32.9°/20.3°C)
Dec 89°/73°F (31.5°/22.9°C) 92°/67°F (33.3°/19.2°C)

Data: Malaysian Meteorological Department Malaysian Meteorological Department, 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 Malaysia 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.

Malaysia passport

Malaysia passport holder visiting Panama

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

Panama passport holder visiting Malaysia

Visa Free
Panama passport holders can enter Malaysia 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 Malaysia?

On average Panama is around 28% pricier than Malaysia, with notable variation by city.

How much money do I need to move to Panama?

Budget about PAB23,928 for 3 months in Panama (based on a MYR297,698 comparable annual salary), then add the one-off costs: flights, shipping, rental deposit, visa fees.

Can I work remotely from Panama?

Connectivity is usually fine (Panama: 15.5 fixed broadband per 100). What actually decides it is legal: does Panama offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?

Is Panama safe for expats?

Malaysia 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 0.7 in Malaysia. About 33% of people in Panama feel safe walking alone at night.

How is healthcare in Panama compared to Malaysia?

Malaysia generally does better on health & wellbeing, though Panama leads in health coverage index. There are 17.3 doctors per 10,000 people in Panama, compared to 23.2 in Malaysia. Panama scores 78 on the WHO universal health coverage index (Malaysia: 76).

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

The average high temperature in Panama City is 93°F, compared to 90°F in Kuala Lumpur. Panama City receives around 75.1 in of rainfall per year, while Kuala Lumpur gets 95.6 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In Malaysia, the official languages are English and Malay.

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At a Glance

MY PA
Population 33,871,431 4,337,768
Currency Malaysian Ringgit (MYR) Panamanian Balboa (PAB)
Languages English, Malay Spanish
Driving side Left Right
Calling code +60 +507
Time zones 1 1
Emergency number 999 911