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🇵🇦 Panama

Curated by Vinod Kumar Jain & Amit Jain · All Frontier Global · free, no login · reviewed 2026-07-05

Two oceans, canal marvels and cloud forests

Capital
Panama City
Currency
Panamanian balboa / USD (PAB)
Population
4,500,000
Languages
Spanish
Region
North America
Drives on
right
Plugs
A, B
Voltage
120V / 60Hz
Emergency
911

Overview

Ships slide through century-old locks by morning; by afternoon you snorkel Guna Yala reefs where palm islands barely break the turquoise.

Trade & FTA

Trade agreements (14): CAFTA-DR (adjacent), bilateral US, Canada, Central American & several Asian agreements.

Passport strength: visa-free/VOA to ~138 destinations. Good Central American & Caribbean access; moderate global reach.

India × Panama hub ↗ All countries factsheet

Visas & entry

Visa-free up to 90–180 days for many; varies by nationality

e-Visa: no · Visa on arrival: No · Digital-nomad visa: Short Stay Visa for Remote Workers

Getting around

Metro and buses in Panama City; shuttles or rentals for Bocas and the interior.

Car vs taxi: Rent for beaches/highlands; use Uber in the city for fixed pricing.

Money, SIM & tipping

Money: US dollars are legal tender alongside the balboa; cards in cities; ATMs common.

SIM & data: eSIMs available; cheap local SIMs (Movistar, Claro, Digicel) at Tocumen airport.

Tipping: Tip around 10% if no service charge; tip guides and drivers.

Culture & language

Etiquette: Dress is fairly conservative; greetings are warm with handshakes.

Food: Try sancocho, ceviche and patacones; tap water is safe in Panama City.

Say hello: Spanish — “Hola” · thanks “Gracias” · how much? “¿Cuánto cuesta esto?”

Safety & emergency

Generally safe in tourist areas; take care in Colón and the Darién.

Emergency
911
Police
104
Ambulance
911
Fire
103

Living, nomad & costs

For nomads: Popular nomad hub in Panama City with strong expat community; affordable; Spanish/English bilingual; excellent connectivity.

Education: Good mix of affordable public and mid-range private international schools.

Healthcare: Excellent healthcare infrastructure; costs lower than US but higher than Central America.

Good to know (legal)

Cities we cover (6)

Panama CityBocas del ToroBoqueteIsla GrandeDavidePenonome

Trade deep-dive

Panama's economy is built on the Panama Canal and its logistics cluster — the Colón Free Zone, transhipment ports, banking and a flag-of-convenience shipping registry — a services and transit powerhouse.

Trade framework: CAFTA-DR (adjacent), bilateral US, Canada, Central American & several Asian agreements.

India angle: Indian exporters route Latin-American cargo through Panama's canal and free zone.

Outlook: canal-water constraints and its role as a logistics and financial hub are the watch points.

Qualitative profile for orientation — confirm current figures and agreement status before acting.

Frequently asked

Do Indian passport holders need a visa for Panama?

Visa-free up to 90–180 days for many; varies by nationality

What currency does Panama use?

Panama uses the Panamanian balboa / USD (PAB). Capital: Panama City.

What trade agreements does Panama have?

CAFTA-DR (adjacent), bilateral US, Canada, Central American & several Asian agreements.

Is Panama safe for travellers?

Generally safe in tourist areas; take care in Colón and the Darién.

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