Moving to Sri Lanka from Panama
What to Expect
Considering a move from Panama to Sri Lanka? Here's how the two countries compare on cost, climate, safety, and more.
If you moved from Panama to Sri Lanka, you would find that Sri Lanka is 46.0% cheaper than Panama overall. A PAB75,000 salary in Panama would need to be roughly LKR15,306,356 in Sri Lanka to maintain the same lifestyle, and you’d need to navigate life in Sinhala and Tamil. You’ll also switch from driving on the right to the left.
How Far Will Your Money Go?
A breakdown of how everyday costs differ between Panama and Sri Lanka.
What does your salary buy?
PAB75,000 → LKR15,306,356
To maintain the same standard of living in Sri Lanka
Calculate with your salary →How key spending categories compare
Restaurants
pay 43.2% less
Groceries
pay 25.8% less
Transportation
pay 32.0% less
Housing
pay 68.0% less
Childcare
pay 92.8% less
Entertainment and Sports
pay 15.1% less
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
The numbers behind daily life in Sri Lanka compared to Panama.
Is it safe?
per 100,000 people per year
per 100,000 people per year
Panama generally does better on safety, though Sri Lanka leads in homicide rate.
How's the healthcare?
annual government + private spending per person
affects wait times and access to care
WHO index from 0–100 measuring essential service access
per 100,000 people — a proxy for mental health support
Panama generally does better on health & wellbeing, though Sri Lanka leads in healthcare spending per person.
What about the environment?
deaths attributable to air pollution per 100k people
tonnes of CO₂ emitted per person per year
Panama generally does better on environment, though Sri Lanka leads in co₂ emissions per capita.
Will I have good infrastructure?
fixed broadband subscriptions — key for remote work
higher means greater strain on freshwater supply
annual consumption — reflects grid capacity
Panama performs better than Sri Lanka across all infrastructure metrics.
What are the job prospects?
percentage of the labour force without work
a broad measure of economic output per person
the highest marginal rate on personal income
Sri Lanka generally does better on employment & economy, though Panama leads in gdp per capita.
Is it good for families?
average years of life at birth
deaths per 1,000 live births — lower is better
government spending on education as % of GDP
percentage of adults who can read and write
Panama generally does better on family life, though Sri Lanka 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.
Avg. annual high / low
Avg. annual high / low
| Months | Panama City | Colombo |
|---|---|---|
| Jan–Mar | 94°/65°F (34°/18°C) | 88°/73°F (31°/23°C) |
| Apr–Jun | 94°/69°F (35°/21°C) | 88°/77°F (31°/25°C) |
| Jul–Sep | 92°/70°F (34°/21°C) | 86°/77°F (30°/25°C) |
| Oct–Dec | 91°/68°F (33°/20°C) | 86°/74°F (30°/23°C) |
View all months
| Month | Panama City | Colombo |
|---|---|---|
| Jan | 92°/65°F (33.4°/18.5°C) | 88°/72°F (30.9°/22.3°C) |
| Feb | 94°/65°F (34.2°/18.4°C) | 88°/73°F (31.2°/22.6°C) |
| Mar | 95°/65°F (34.8°/18.4°C) | 89°/75°F (31.7°/23.7°C) |
| Apr | 96°/67°F (35.4°/19.5°C) | 89°/76°F (31.8°/24.6°C) |
| May | 94°/70°F (34.5°/21.1°C) | 88°/78°F (31.1°/25.5°C) |
| Jun | 93°/70°F (33.8°/21.3°C) | 87°/78°F (30.4°/25.5°C) |
| Jul | 93°/70°F (33.9°/21.0°C) | 86°/77°F (30.0°/25.2°C) |
| Aug | 93°/70°F (33.9°/20.9°C) | 86°/77°F (30.0°/25.1°C) |
| Sep | 91°/70°F (32.9°/21.0°C) | 86°/77°F (30.2°/24.8°C) |
| Oct | 91°/69°F (32.6°/20.8°C) | 86°/75°F (30.0°/24.0°C) |
| Nov | 91°/69°F (32.9°/20.3°C) | 86°/74°F (30.1°/23.2°C) |
| Dec | 92°/67°F (33.3°/19.2°C) | 87°/73°F (30.3°/22.8°C) |
Data:
IMHPA - Instituto de Meteorología e Hidrología de Panamá,
National Meteorological Centre
Visitor Visa Requirements
Short-stay tourist visa rules between Panama and Sri Lanka. To live, work, or study long-term in Sri Lanka, you'll need a separate residence or work visa — check Sri Lanka's immigration authority.
Panama passport holder visiting Sri Lanka
Electronic Travel Authorisation
Sri Lanka passport holder visiting Panama
Visa RequiredData: Henley Passport Index. Check with the destination country's embassy for the most current requirements.
Frequently Asked Questions
Is it cheaper to live in Sri Lanka than Panama?
On average Sri Lanka is about 38% less expensive than Panama, with major cities narrowing the gap.
How much money do I need to move to Sri Lanka?
Budget about LKR3,826,589 for 3 months in Sri Lanka (based on a PAB75,000 comparable annual salary), then add the one-off costs: flights, shipping, rental deposit, visa fees.
Can I work remotely from Sri Lanka?
Connectivity is usually fine (Sri Lanka: 10.1 fixed broadband per 100). What actually decides it is legal: does Sri Lanka offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?
Is Sri Lanka safe for expats?
Panama generally does better on safety, though Sri Lanka leads in homicide rate. The homicide rate in Sri Lanka is 3.4 per 100,000 people, compared to 11.3 in Panama.
How is healthcare in Sri Lanka compared to Panama?
Panama generally does better on health & wellbeing, though Sri Lanka leads in healthcare spending per person. There are 11.9 doctors per 10,000 people in Sri Lanka, compared to 17.3 in Panama. Sri Lanka scores 67 on the WHO universal health coverage index (Panama: 78).
What's the weather like in Sri Lanka compared to Panama?
The average high temperature in Colombo is 87°F, compared to 93°F in Panama City. Colombo receives around 99.4 in of rainfall per year, while Panama City gets 75.1 in.
What language do they speak in Sri Lanka?
The official languages in Sri Lanka are Sinhala and Tamil. In Panama, the official language is Spanish.
