Moving to Panama from Ukraine

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What to Expect

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

If you moved from Ukraine to Panama, you would find that Panama is 81.1% more expensive than Ukraine overall. A UAH3,400,000 salary in Ukraine would need to be roughly PAB137,000 in Panama to maintain the same lifestyle, and you’d need to navigate life in Spanish. Expect a noticeable climate shift — Panama City averages 93°F vs 56°F in Kiev, making it significantly warmer.

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How Far Will Your Money Go?

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

What does your salary buy?

UAH3,400,000 → PAB137,000

To maintain the same standard of living in Panama

Calculate with your salary →

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

Restaurants

pay 44.2% more

Groceries

pay 2.1 times more

Transportation

pay 7.1% more

Housing

pay 2.6 times more

Childcare

pay 49.5% more

Entertainment and Sports

pay 91.4% more

See full cost of living breakdown
Exchange rate: 1 UAH = 0.0223 PAB (October 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 Ukraine to Panama, based on official data.

Living there in 2020
603 ↑ 20% vs 2015

people born in Ukraine 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 Ukraine to Panama.

Is it safe?

Homicide rate World Bank, 2023

per 100,000 people per year

UA
3.8
PA
11.7
Road traffic deaths United Nations SDG Indicators, 2021

per 100,000 people per year

UA
10.5
PA
7.3

Ukraine 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

UA
$1,382
PA
$3,318
Doctors per 10,000 people World Bank, 2023

affects wait times and access to care

UA
35.3
PA
16.2

Ukraine generally does better on health & wellbeing, though Panama leads in health coverage index.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

UA
66.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

UA
3.1t
PA
2.7t

Panama performs significantly better than Ukraine across all environment metrics.

Will I have good infrastructure?

Broadband per 100 people World Bank, 2024

fixed broadband subscriptions — key for remote work

UA
21.6
PA
18.1
Water stress level World Bank, 2022

higher means greater strain on freshwater supply

UA
6.3%
PA
0.9%

Ukraine generally does better on infrastructure, though Panama leads in water stress level.

What are the job prospects?

Unemployment rate World Bank, 2025

percentage of the labour force without work

UA
9.8%
PA
8.4%
GDP per capita World Bank, 2025

a broad measure of economic output per person

UA
$5,866
PA
$19,790

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

Is it good for families?

Life expectancy World Bank, 2024

average years of life at birth

UA
74.7 yrs
PA
79.8 yrs
Infant mortality World Bank, 2024

deaths per 1,000 live births — lower is better

UA
7.6
PA
12.0

Ukraine generally does better on family life, though Panama leads in life expectancy.

Sources: World Bank (2020–2025), United Nations SDG Indicators (2019–2021), World Health Organization (2024), Ministry of Revenue and Duties of Ukraine (2016), General Directorate of Revenues, Panama (2016), The World Factbook (2021). How we calculate this

What's the Climate Like?

Monthly averages — select a city to compare.

Kiev Rain: 23.8 in/yr (605 mm)
56° / 42°F

Avg. annual high / low

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

Avg. annual high / low

Months Kiev Panama City
Jan–Mar 36°/25°F (2°/-4°C) 94°/65°F (34°/18°C)
Apr–Jun 68°/51°F (20°/10°C) 94°/69°F (35°/21°C)
Jul–Sep 76°/58°F (24°/14°C) 92°/70°F (34°/21°C)
Oct–Dec 43°/33°F (6°/1°C) 91°/68°F (33°/20°C)
View all months
Month Kiev Panama City
Jan 31°/22°F (-0.7°/-5.5°C) 92°/65°F (33.4°/18.5°C)
Feb 33°/23°F (0.8°/-5.0°C) 94°/65°F (34.2°/18.4°C)
Mar 44°/31°F (6.5°/-0.8°C) 95°/65°F (34.8°/18.4°C)
Apr 59°/42°F (15.1°/5.7°C) 96°/67°F (35.4°/19.5°C)
May 70°/52°F (21.1°/10.9°C) 94°/70°F (34.5°/21.1°C)
Jun 76°/59°F (24.6°/14.8°C) 93°/70°F (33.8°/21.3°C)
Jul 80°/62°F (26.6°/16.6°C) 93°/70°F (33.9°/21.0°C)
Aug 79°/60°F (25.9°/15.7°C) 93°/70°F (33.9°/20.9°C)
Sep 68°/51°F (20.0°/10.6°C) 91°/70°F (32.9°/21.0°C)
Oct 55°/41°F (12.9°/5.1°C) 91°/69°F (32.6°/20.8°C)
Nov 42°/33°F (5.3°/0.3°C) 91°/69°F (32.9°/20.3°C)
Dec 33°/26°F (0.5°/-3.5°C) 92°/67°F (33.3°/19.2°C)

Data: Ukrainian Hydrometeorological Center Ukrainian Hydrometeorological Center, 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 Ukraine 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.

Ukraine passport

Ukraine passport holder visiting Panama

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

Panama passport holder visiting Ukraine

Visa Free
Panama passport holders can enter Ukraine 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 Ukraine?

No — Panama is on average about 81% more expensive than Ukraine. City-level variation matters.

How much money do I need to move to Panama?

Plan for at least 3 months of living expenses — roughly PAB34,250 in Panama on a UAH3,400,000 comparable salary — plus one-off moving costs (flights, shipping, a rental deposit, and visa fees).

Can I work remotely from Panama?

Internet is rarely the blocker — Panama has 18.1 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?

Ukraine generally does better on safety, though Panama leads in road traffic deaths. The homicide rate in Panama is 11.7 per 100,000 people, compared to 3.8 in Ukraine.

How is healthcare in Panama compared to Ukraine?

Ukraine generally does better on health & wellbeing, though Panama leads in health coverage index. There are 16.2 doctors per 10,000 people in Panama, compared to 35.3 in Ukraine. Panama scores 78 on the WHO universal health coverage index (Ukraine: 76).

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

The average high temperature in Panama City is 93°F, compared to 56°F in Kiev. Panama City receives around 75.1 in of rainfall per year, while Kiev gets 23.8 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In Ukraine, the official language is Ukrainian.

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At a Glance

UA PA
Population 38,980,376 4,571,189
Currency Ukrainian Hryvnia (UAH) Panamanian Balboa (PAB)
Languages Ukrainian Spanish
Driving side Right Right
Calling code +380 +507
Time zones 1 1
Emergency number 112 911