Last Updated: Feb 2026

Panama Visa vs Colombia

Side-by-side comparison of tax rules, income requirements, and visa difficulty.

CriteriaPanamaColombia
Income$3,000/mo$900/mo
Savings OptionN/AN/A
Visa Fee$300$52
Processing30 days2-3 weeks
Validity9 months (renewable)2 years
Cost TierMediumLow
Nomad Cost (est.)~$2,700/mo~$1,500/mo
1BR Rent~$1200~$600
Internet110 Mbps50 Mbps
Pet Friendliness5/107/10
Tax trigger183 days183 days
Insurance requiredYesYes
Pet Catch (2026)Requires a 'Home Quarantine' and an authentication of the health certificate by the Panamanian Consulate.Colombia is very welcoming to dogs.

Travel Insurance Required

Panama deep-diveColombia deep-dive