Moving to Venezuela from Panama
What to Expect
Everything you need to know before relocating from Panama to Venezuela — costs, safety, healthcare, and practical first steps.
If you moved from Panama to Venezuela, you would find that Venezuela is 26.8% cheaper than Panama overall. A PAB75,000 salary in Panama would need to be roughly VEF540,369 in Venezuela to maintain the same lifestyle.
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What to expect for your wallet after moving from Panama to Venezuela.
What does your salary buy?
PAB75,000 → VEF540,369
To maintain the same standard of living in Venezuela
Calculate with your salary →Where you'll feel the difference day-to-day
Restaurants
pay 1.2% less
Groceries
pay 15.1% less
Transportation
pay 1.9% less
Housing
pay 65.5% less
Childcare
pay 66.5% less
Entertainment and Sports
pay 31.2% 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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Who Else Is Making This Move?
How many people actually move from Panama to Venezuela, based on official data.
Key Indicator Comparison
Key indicators for anyone considering a move from Panama to Venezuela.
Is it safe?
per 100,000 people per year
per 100,000 people per year
Panama performs better than Venezuela across all safety metrics.
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
share of adults with obesity
per 100,000 people — a proxy for mental health support
Panama generally does better on health & wellbeing, though Venezuela 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 performs better than Venezuela across all environment metrics.
Will I have good infrastructure?
fixed broadband subscriptions — key for remote work
higher means greater strain on freshwater supply
annual consumption — reflects grid capacity
share of households with internet
Panama generally does better on infrastructure, though Venezuela leads in internet access.
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
share of people below the poverty line
Panama generally does better on employment & economy, though Venezuela leads in unemployment rate.
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 Venezuela leads in literacy rate.
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 | Caracas |
|---|---|---|
| Jan–Mar | 94°/65°F (34°/18°C) | 87°/58°F (31°/14°C) |
| Apr–Jun | 94°/69°F (35°/21°C) | 88°/64°F (31°/18°C) |
| Jul–Sep | 92°/70°F (34°/21°C) | 86°/62°F (30°/17°C) |
| Oct–Dec | 91°/68°F (33°/20°C) | 84°/60°F (29°/15°C) |
View all months
| Month | Panama City | Caracas |
|---|---|---|
| Jan | 92°/65°F (33.4°/18.5°C) | 84°/56°F (29.0°/13.1°C) |
| Feb | 94°/65°F (34.2°/18.4°C) | 88°/58°F (31.0°/14.5°C) |
| Mar | 95°/65°F (34.8°/18.4°C) | 89°/60°F (31.7°/15.3°C) |
| Apr | 96°/67°F (35.4°/19.5°C) | 88°/61°F (31.1°/16.2°C) |
| May | 94°/70°F (34.5°/21.1°C) | 89°/65°F (31.8°/18.2°C) |
| Jun | 93°/70°F (33.8°/21.3°C) | 87°/65°F (30.3°/18.1°C) |
| Jul | 93°/70°F (33.9°/21.0°C) | 88°/62°F (31.0°/16.9°C) |
| Aug | 93°/70°F (33.9°/20.9°C) | 85°/62°F (29.3°/16.6°C) |
| Sep | 91°/70°F (32.9°/21.0°C) | 86°/62°F (30.1°/16.8°C) |
| Oct | 91°/69°F (32.6°/20.8°C) | 85°/62°F (29.7°/16.4°C) |
| Nov | 91°/69°F (32.9°/20.3°C) | 85°/60°F (29.6°/15.7°C) |
| Dec | 92°/67°F (33.3°/19.2°C) | 83°/58°F (28.4°/14.2°C) |
Data:
IMHPA - Instituto de Meteorología e Hidrología de Panamá,
Instituto Nacional de Meteorología e Hidrología (INAMEH)
Visitor Visa Requirements
Short-stay tourist visa rules between Panama and Venezuela. To live, work, or study long-term in Venezuela, you'll need a separate residence or work visa — check Venezuela's immigration authority.
Panama passport holder visiting Venezuela
Visa Required
Venezuela 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 Venezuela than Panama?
Yes — Venezuela is on average about 28% cheaper than Panama. City-level variation can be significant.
How much money do I need to move to Venezuela?
Plan for at least 3 months of living expenses — roughly VEF135,092 in Venezuela on a PAB75,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).
Can I work remotely from Venezuela?
Internet is rarely the blocker — Venezuela has 9.6 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 Venezuela safe for expats?
Panama performs better than Venezuela across all safety metrics. The homicide rate in Venezuela is 12.6 per 100,000 people, compared to 11.3 in Panama.
How is healthcare in Venezuela compared to Panama?
Panama generally does better on health & wellbeing, though Venezuela leads in healthcare spending per person. There are 16.6 doctors per 10,000 people in Venezuela, compared to 17.3 in Panama. Venezuela scores 75 on the WHO universal health coverage index (Panama: 78).
What's the weather like in Venezuela compared to Panama?
The average high temperature in Caracas is 86°F, compared to 93°F in Panama City. Caracas receives around 35.9 in of rainfall per year, while Panama City gets 75.1 in.
What language do they speak in Venezuela?
Both Panama and Venezuela share the same official language: Spanish.
