Panama Visa vs Barbados
Side-by-side comparison of tax rules, income requirements, and visa difficulty.
| Criteria | Panama | Barbados |
|---|---|---|
| Income | $3,000/mo | $4,160/mo |
| Savings Option | N/A | N/A |
| Visa Fee | $300 | $2,000 |
| Processing | 30 days | 1 week |
| Validity | 9 months (renewable) | 1 year |
| Cost Tier | Medium | High |
| Nomad Cost (est.) | ~$2,700/mo | ~$4,200/mo |
| 1BR Rent | ~$1200 | ~$1600 |
| Internet | 110 Mbps | 90 Mbps |
| Pet Friendliness | 5/10 | 4/10 |
| Tax trigger | 183 days | 183 days |
| Insurance required | Yes | Yes |
| Pet Catch (2026) | Requires a 'Home Quarantine' and an authentication of the health certificate by the Panamanian Consulate. | Strict island rules. |