Will I save money living in Panama City?

"Living in Panama City can be significantly cheaper than living in the United States. The cost of living in Panama City is generally lower than in the United States, with rent, groceries, and other everyday expenses costing much less. Additionally, Panama has no income tax, which can save a significant amount of money for those who are employed. Furthermore, Panama has a strong healthcare system, with many medical services being offered at a fraction of the cost of those in the United States. All of these factors make Panama City an attractive option for those looking to save money," wrote a member who made the move to Panama City, Panama.

Kovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
Connect