Last Updated: Feb 2026

Panama Visa vs Uruguay

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

CriteriaPanamaUruguay
Income$3,000/mo$0 (Remote)
Savings OptionN/AAffidavit of self-sufficiency
Visa Fee$300$50
Processing30 days1 day (online)
Validity9 months (renewable)6-12 months
Cost TierMediumMedium-High
Nomad Cost (est.)~$2,700/mo~$2,600/mo
1BR Rent~$1200~$950
Internet110 Mbps120 Mbps
Pet Friendliness5/108/10
Tax trigger183 days183 days
Insurance requiredYesYes
Pet Catch (2026)Requires a 'Home Quarantine' and an authentication of the health certificate by the Panamanian Consulate.Very easy entry.

Travel Insurance Required

Panama deep-diveUruguay deep-dive