Moving to Serbia from Panama

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What to Expect

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

If you moved from Panama to Serbia, you would find that Serbia is 2.2% cheaper than Panama overall. A PAB75,000 salary in Panama would need to be roughly RSD6,533,089 in Serbia to maintain the same lifestyle, and you’d need to navigate life in Serbian. Expect a noticeable climate shift — Belgrade averages 62°F vs 93°F in Panama City, making it significantly cooler.

How Far Will Your Money Go?

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

What does your salary buy?

PAB75,000 RSD6,533,089

To maintain the same standard of living in Serbia

Calculate with your salary →

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

Restaurants

pay 23.8% more

Groceries

pay 32.7% less

Transportation

pay 19.7% more

Housing

pay 25.4% less

Childcare

pay 27.7% less

Entertainment and Sports

pay 16.1% less

See full cost of living breakdown
Exchange rate: 1 PAB = 100.68 RSD (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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Key Indicator Comparison

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

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

PA
11.3
RS
1.0
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

PA
7.3
RS
7.4

Panama generally does better on safety, though Serbia leads in homicide rate.

How's the healthcare?

Healthcare spending per person World Bank, 2023

annual government + private spending per person

PA
$3,318
RS
$2,303
Doctors per 10,000 people United Nations SDG Indicators, 2021

affects wait times and access to care

PA
17.3
RS
28.4

Panama generally does better on health & wellbeing, though Serbia 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

PA
17.0
RS
45.0

Panama performs better than Serbia 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

PA
15.5
RS
29.3
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

PA
0.9%
RS
5.7%

Serbia 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%
RS
8.7%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

PA
$35,800
RS
$24,500

Panama generally does better on employment & economy, though Serbia 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
RS
74.2 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

PA
16.4
RS
4.8

Panama generally does better on family life, though Serbia leads in infant mortality.

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

Belgrade Rain: 26.9 in/yr (683 mm)
62° / 46°F

Avg. annual high / low

Months Panama City Belgrade
Jan–Mar 94°/65°F (34°/18°C) 45°/33°F (7°/0°C)
Apr–Jun 94°/69°F (35°/21°C) 71°/53°F (22°/12°C)
Jul–Sep 92°/70°F (34°/21°C) 79°/59°F (26°/15°C)
Oct–Dec 91°/68°F (33°/20°C) 53°/39°F (11°/4°C)
View all months
Month Panama City Belgrade
Jan 92°/65°F (33.4°/18.5°C) 38°/28°F (3.5°/-2.3°C)
Feb 94°/65°F (34.2°/18.4°C) 44°/32°F (6.4°/-0.2°C)
Mar 95°/65°F (34.8°/18.4°C) 53°/38°F (11.9°/3.3°C)
Apr 96°/67°F (35.4°/19.5°C) 64°/46°F (17.5°/7.8°C)
May 94°/70°F (34.5°/21.1°C) 72°/54°F (22.5°/12.1°C)
Jun 93°/70°F (33.8°/21.3°C) 78°/59°F (25.3°/15.0°C)
Jul 93°/70°F (33.9°/21.0°C) 81°/61°F (27.3°/16.3°C)
Aug 93°/70°F (33.9°/20.9°C) 81°/61°F (27.3°/16.1°C)
Sep 91°/70°F (32.9°/21.0°C) 75°/55°F (23.7°/13.0°C)
Oct 91°/69°F (32.6°/20.8°C) 65°/47°F (18.1°/8.3°C)
Nov 91°/69°F (32.9°/20.3°C) 52°/39°F (11.0°/4.0°C)
Dec 92°/67°F (33.3°/19.2°C) 42°/32°F (5.3°/-0.2°C)

Data: IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá, Republic Hydrometeorological Service of Serbia Republic Hydrometeorological Service of Serbia

Visitor Visa Requirements

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

Panama passport

Panama passport holder visiting Serbia

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

Serbia passport holder visiting Panama

Visa Free
Serbia 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 Serbia than Panama?

Yes — Serbia is on average about 13% cheaper than Panama. City-level variation can be significant.

How much money do I need to move to Serbia?

Plan for at least 3 months of living expenses — roughly RSD1,633,272 in Serbia on a PAB75,000 comparable salary — plus one-off moving costs (flights, shipping, deposits, visa fees).

Can I work remotely from Serbia?

Internet is rarely the blocker — Serbia has 29.3 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 Serbia safe for expats?

Panama generally does better on safety, though Serbia leads in homicide rate. The homicide rate in Serbia is 1.0 per 100,000 people, compared to 11.3 in Panama.

How is healthcare in Serbia compared to Panama?

Panama generally does better on health & wellbeing, though Serbia leads in healthcare spending per person. There are 28.4 doctors per 10,000 people in Serbia, compared to 17.3 in Panama. Serbia scores 72 on the WHO universal health coverage index (Panama: 78).

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

The average high temperature in Belgrade is 62°F, compared to 93°F in Panama City. Belgrade receives around 26.9 in of rainfall per year, while Panama City gets 75.1 in.

What language do they speak in Serbia?

The official language in Serbia is Serbian. In Panama, the official language is Spanish.

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At a Glance

PA RS
Population 4,337,768 6,739,471
Currency Panamanian Balboa (PAB) Serbian Dinar (RSD)
Languages Spanish Serbian
Driving side Right Right
Calling code +507 +381
Time zones 1 1
Emergency number 911 112