Moving to Panama from Vietnam
What to Expect
A comprehensive look at what changes when you move from Vietnam to Panama — from daily expenses to quality of life.
If you moved from Vietnam to Panama, you would find that Panama is 2.3 times more expensive than Vietnam overall. A ₫1,973,424,584 salary in Vietnam would need to be roughly PAB111,597 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 82°F in Hanoi, making it significantly warmer.
How Far Will Your Money Go?
How your spending power changes when you relocate from Vietnam to Panama.
What does your salary buy?
₫1,973,424,584 → PAB111,597
To maintain the same standard of living in Panama
Calculate with your salary →The biggest cost differences at a glance
Restaurants
pay 3.3 times more
Groceries
pay 98.2% more
Transportation
pay 2.2 times more
Housing
pay 3.2 times more
Childcare
pay 29.5% more
Entertainment and Sports
pay 2.6 times more
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?
Real numbers on people moving from Vietnam to Panama, and how the trend has changed.
Who's moving to Panama?
Top countries of origin for Panama's foreign-born residents.
- 119,553
- 50,702
- 22,427
- 16,867
- 15,517
- 9,711
- · · ·
-
67.69
Vietnam
Key Indicator Comparison
How Vietnam and Panama stack up on safety, healthcare, jobs, and infrastructure.
Is it safe?
per 100,000 people per year
per 100,000 people per year
Vietnam generally does better on safety, though Panama leads in road traffic deaths.
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 Vietnam 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 significantly better than Vietnam 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
Vietnam generally does better on infrastructure, though Panama leads in water stress level.
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
Panama generally does better on employment & economy, though Vietnam 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
Vietnam generally does better on family life, though Panama leads in life expectancy.
Data: General Department Of Taxation - Ministry Of Finance, 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 | Hanoi | Panama City |
|---|---|---|
| Jan–Mar | 71°/62°F (22°/16°C) | 94°/65°F (34°/18°C) |
| Apr–Jun | 88°/75°F (31°/24°C) | 94°/69°F (35°/21°C) |
| Jul–Sep | 90°/78°F (32°/26°C) | 92°/70°F (34°/21°C) |
| Oct–Dec | 79°/66°F (26°/19°C) | 91°/68°F (33°/20°C) |
View all months
| Month | Hanoi | Panama City |
|---|---|---|
| Jan | 68°/58°F (20.0°/14.6°C) | 92°/65°F (33.4°/18.5°C) |
| Feb | 70°/61°F (21.3°/16.2°C) | 94°/65°F (34.2°/18.4°C) |
| Mar | 74°/66°F (23.5°/18.7°C) | 95°/65°F (34.8°/18.4°C) |
| Apr | 82°/71°F (27.7°/21.9°C) | 96°/67°F (35.4°/19.5°C) |
| May | 89°/76°F (31.7°/24.5°C) | 94°/70°F (34.5°/21.1°C) |
| Jun | 93°/79°F (33.8°/26.3°C) | 93°/70°F (33.8°/21.3°C) |
| Jul | 92°/80°F (33.3°/26.5°C) | 93°/70°F (33.9°/21.0°C) |
| Aug | 90°/78°F (32.5°/25.8°C) | 93°/70°F (33.9°/20.9°C) |
| Sep | 89°/76°F (31.6°/24.7°C) | 91°/70°F (32.9°/21.0°C) |
| Oct | 85°/72°F (29.6°/22.4°C) | 91°/69°F (32.6°/20.8°C) |
| Nov | 79°/67°F (26.3°/19.2°C) | 91°/69°F (32.9°/20.3°C) |
| Dec | 72°/60°F (22.1°/15.4°C) | 92°/67°F (33.3°/19.2°C) |
Data:
Viet Nam Meteorological and Hydrological Administration,
IMHPA - Instituto de Meteorología e Hidrología de Panamá
Visitor Visa Requirements
Short-stay tourist visa rules between Vietnam 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.
Vietnam passport holder visiting Panama
Visa Free
Panama passport holder visiting Vietnam
Visa FreeData: 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 Vietnam?
Day-to-day costs in Panama run about 49% higher than Vietnam on average; specific cities can swing further.
How much money do I need to move to Panama?
A safe rule of thumb is 3 months of local expenses plus relocation costs. On a ₫1,973,424,584 comparable salary, that's around PAB27,899 in Panama for everyday spending, before flights, shipping, deposits, and visa fees.
Can I work remotely from Panama?
With 15.5 fixed broadband subscriptions per 100 people, Panama can support video calls in major cities. The hard part is paperwork — visa category, employer policy on overseas staff, and tax residency in Vietnam and Panama.
Is Panama safe for expats?
Vietnam 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 1.5 in Vietnam.
How is healthcare in Panama compared to Vietnam?
Panama generally does better on health & wellbeing, though Vietnam leads in healthcare spending per person. There are 17.3 doctors per 10,000 people in Panama, compared to 8.3 in Vietnam. Panama scores 78 on the WHO universal health coverage index (Vietnam: 68).
What's the weather like in Panama compared to Vietnam?
The average high temperature in Panama City is 93°F, compared to 82°F in Hanoi. Panama City receives around 75.1 in of rainfall per year, while Hanoi gets 64.1 in.
What language do they speak in Panama?
The official language in Panama is Spanish. In Vietnam, the official language is Vietnamese.
