Moving to Canada from Panama

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What to Expect

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

If you moved from Panama to Canada, you would find that Canada is 44.6% more expensive than Panama overall. A PAB75,000 salary in Panama would need to be roughly CA$136,577 in Canada to maintain the same lifestyle, and you’d need to navigate life in English and French. Expect a noticeable climate shift — Ottawa averages 52°F vs 93°F in Panama City, making it significantly cooler.

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How Far Will Your Money Go?

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

What does your salary buy?

PAB75,000 CA$136,577

To maintain the same standard of living in Canada

Calculate with your salary →

The biggest cost differences at a glance

Restaurants

pay 53.9% more

Groceries

pay 15.4% more

Transportation

pay 43.3% more

Housing

pay 46.7% more

Childcare

pay 63.3% more

Entertainment and Sports

pay 77.3% more

See full cost of living breakdown
Exchange rate: 1 PAB = 1.4 CAD (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.

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Who Else Is Making This Move?

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

Moved in 2023
70 ↑ 8% vs 2022

people moved from Panama to Canada · OECD (latest data available)

Who's moving to Canada?

Top countries of origin for Canada's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

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

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

PA
11.3
CA
2.3
Feel safe walking at night United Nations SDG Indicators, 2019

of residents who feel safe walking alone at night

PA
33%
CA
88%

Canada performs significantly better than Panama across all safety metrics.

How's the healthcare?

Healthcare spending per person World Bank, 2024

annual government + private spending per person

PA
$3,318
CA
$7,646
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

PA
17.3
CA
25.0

Panama generally does better on health & wellbeing, though Canada leads in doctors per 10,000 people.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

PA
17.0
CA
8.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

PA
2.7t
CA
14.0t

Panama generally does better on environment, though Canada leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

PA
15.5
CA
42.6
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

PA
0.9%
CA
3.7%

Canada 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

PA
6.7%
CA
5.4%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

PA
$35,800
CA
$55,800

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

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

PA
77.6 yrs
CA
83.8 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

PA
16.4
CA
4.4

Canada performs significantly better than Panama across all family life metrics.

Data: General Directorate of Revenues, Panama, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

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

Avg. annual high / low

Ottawa Rain: 37.1 in/yr (943 mm)
52° / 34°F

Avg. annual high / low

Months Panama City Ottawa
Jan–Mar 94°/65°F (34°/18°C) 27°/10°F (-3°/-12°C)
Apr–Jun 94°/69°F (35°/21°C) 64°/45°F (18°/7°C)
Jul–Sep 92°/70°F (34°/21°C) 75°/55°F (24°/13°C)
Oct–Dec 91°/68°F (33°/20°C) 41°/25°F (5°/-4°C)
View all months
Month Panama City Ottawa
Jan 92°/65°F (33.4°/18.5°C) 21°/4°F (-6.1°/-15.3°C)
Feb 94°/65°F (34.2°/18.4°C) 25°/8°F (-4.1°/-13.3°C)
Mar 95°/65°F (34.8°/18.4°C) 36°/19°F (2.2°/-7.1°C)
Apr 96°/67°F (35.4°/19.5°C) 51°/33°F (10.8°/0.6°C)
May 94°/70°F (34.5°/21.1°C) 66°/46°F (19.1°/7.7°C)
Jun 93°/70°F (33.8°/21.3°C) 75°/55°F (23.8°/12.7°C)
Jul 93°/70°F (33.9°/21.0°C) 80°/60°F (26.5°/15.4°C)
Aug 93°/70°F (33.9°/20.9°C) 77°/57°F (24.9°/14.1°C)
Sep 91°/70°F (32.9°/21.0°C) 67°/48°F (19.5°/9.1°C)
Oct 91°/69°F (32.6°/20.8°C) 54°/37°F (12.5°/3.0°C)
Nov 91°/69°F (32.9°/20.3°C) 41°/27°F (4.8°/-2.8°C)
Dec 92°/67°F (33.3°/19.2°C) 27°/12°F (-3.0°/-11.1°C)

Data: IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá, Meteorological Service of Canada Meteorological Service of Canada

Visitor Visa Requirements

Short-stay tourist visa rules between Panama and Canada. To live, work, or study long-term in Canada, you'll need a separate residence or work visa — check Canada's immigration authority.

Panama passport

Panama passport holder visiting Canada

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

Canada passport holder visiting Panama

Visa Free
Canada passport holders can enter Panama 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 Canada than Panama?

Day-to-day costs in Canada run about 30% higher than Panama on average; specific cities can swing further.

How much money do I need to move to Canada?

A safe rule of thumb is 3 months of local expenses plus relocation costs. On a PAB75,000 comparable salary, that's around CA$34,144 in Canada for everyday spending, before flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Canada?

With 42.6 fixed broadband subscriptions per 100 people, Canada can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Panama and Canada.

Is Canada safe for expats?

Canada performs significantly better than Panama across all safety metrics. The homicide rate in Canada is 2.3 per 100,000 people, compared to 11.3 in Panama. About 88% of people in Canada feel safe walking alone at night.

How is healthcare in Canada compared to Panama?

Panama generally does better on health & wellbeing, though Canada leads in doctors per 10,000 people. There are 25.0 doctors per 10,000 people in Canada, compared to 17.3 in Panama. Canada scores 91 on the WHO universal health coverage index (Panama: 78).

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

The average high temperature in Ottawa is 52°F, compared to 93°F in Panama City. Ottawa receives around 37.1 in of rainfall per year, while Panama City gets 75.1 in.

What language do they speak in Canada?

The official languages in Canada are English and French. In Panama, the official language is Spanish.

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At a Glance

PA CA
Population 4,337,768 38,232,593
Currency Panamanian Balboa (PAB) Canadian Dollar (CA$)
Languages Spanish English, French
Driving side Right Right
Calling code +507 +1
Time zones 1 6
Emergency number 911 911