Moving to Panama from Thailand

moving to

What to Expect

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

If you moved from Thailand to Panama, you would find that Panama is 46.9% more expensive than Thailand overall. A THB2,448,167 salary in Thailand would need to be roughly PAB92,576 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?

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

What does your salary buy?

THB2,448,167 PAB92,576

To maintain the same standard of living in Panama

Calculate with your salary →

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

Restaurants

pay 2.4 times more

Groceries

pay 46.8% more

Transportation

pay 8.3% more

Housing

pay 2.1 times more

Childcare

pay 7.0% less

Entertainment and Sports

pay 17.6% more

See full cost of living breakdown
Exchange rate: 1 THB = 0.0306 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?

How many people actually move from Thailand to Panama, based on official data.

Living there in 2020
171 ↑ 19% vs 2015

people born in Thailand 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

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

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

TH
4.8
PA
11.3
Feel safe walking at night United Nations SDG Indicators, 2022

of residents who feel safe walking alone at night

TH
67%
PA
33%

Thailand 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

TH
$1,067
PA
$3,318
Doctors per 10,000 people United Nations SDG Indicators, 2021

affects wait times and access to care

TH
9.3
PA
17.3

Thailand generally does better on health & wellbeing, though Panama 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

TH
29.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

TH
4.0t
PA
2.7t

Panama performs significantly better than Thailand 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

TH
17.5
PA
15.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

TH
23.0%
PA
0.9%

Thailand 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

TH
0.9%
PA
6.7%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

TH
$21,100
PA
$35,800

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

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

TH
77.7 yrs
PA
77.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

TH
6.5
PA
16.4

Thailand generally does better on family life, though Panama leads in education spending.

Data: The Revenue Department, Government of Thailand, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Bangkok Rain: 59.0 in/yr (1498 mm)
91° / 75°F

Avg. annual high / low

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

Avg. annual high / low

Months Bangkok Panama City
Jan–Mar 91°/74°F (33°/23°C) 94°/65°F (34°/18°C)
Apr–Jun 93°/78°F (34°/26°C) 94°/69°F (35°/21°C)
Jul–Sep 90°/77°F (32°/25°C) 92°/70°F (34°/21°C)
Oct–Dec 89°/73°F (32°/23°C) 91°/68°F (33°/20°C)
View all months
Month Bangkok Panama City
Jan 90°/70°F (32.0°/21.0°C) 92°/65°F (33.4°/18.5°C)
Feb 91°/74°F (32.7°/23.3°C) 94°/65°F (34.2°/18.4°C)
Mar 93°/77°F (33.7°/24.9°C) 95°/65°F (34.8°/18.4°C)
Apr 95°/79°F (34.9°/26.1°C) 96°/67°F (35.4°/19.5°C)
May 93°/78°F (34.0°/25.6°C) 94°/70°F (34.5°/21.1°C)
Jun 92°/78°F (33.1°/25.4°C) 93°/70°F (33.8°/21.3°C)
Jul 91°/77°F (32.7°/25.0°C) 93°/70°F (33.9°/21.0°C)
Aug 90°/77°F (32.5°/24.9°C) 93°/70°F (33.9°/20.9°C)
Sep 90°/76°F (32.3°/24.6°C) 91°/70°F (32.9°/21.0°C)
Oct 90°/76°F (32.0°/24.3°C) 91°/69°F (32.6°/20.8°C)
Nov 89°/74°F (31.6°/23.1°C) 91°/69°F (32.9°/20.3°C)
Dec 88°/69°F (31.3°/20.8°C) 92°/67°F (33.3°/19.2°C)

Data: Thai Meteorological Department Thai 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 Thailand 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.

Thailand passport

Thailand passport holder visiting Panama

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

Panama passport holder visiting Thailand

Visa Free
Panama passport holders can enter Thailand 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 Thailand?

No — Panama is on average about 23% more expensive than Thailand. City-level variation matters.

How much money do I need to move to Panama?

Plan for at least 3 months of living expenses — roughly PAB23,144 in Panama on a THB2,448,167 comparable salary — plus one-off moving costs (flights, shipping, deposits, visa fees).

Can I work remotely from Panama?

Internet is rarely the blocker — Panama has 15.5 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 Panama safe for expats?

Thailand 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 4.8 in Thailand. About 33% of people in Panama feel safe walking alone at night.

How is healthcare in Panama compared to Thailand?

Thailand generally does better on health & wellbeing, though Panama leads in doctors per 10,000 people. There are 17.3 doctors per 10,000 people in Panama, compared to 9.3 in Thailand. Panama scores 78 on the WHO universal health coverage index (Thailand: 82).

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

The average high temperature in Panama City is 93°F, compared to 91°F in Bangkok. Panama City receives around 75.1 in of rainfall per year, while Bangkok gets 59.0 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In Thailand, the official language is Thai.

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At a Glance

TH PA
Population 69,648,117 4,337,768
Currency Thai Baht (THB) Panamanian Balboa (PAB)
Languages Thai Spanish
Driving side Left Right
Calling code +66 +507
Time zones 1 1
Emergency number 191 911