Panama Visa vs Bermuda
Side-by-side comparison of tax rules, income requirements, and visa difficulty.
| Criteria | Panama | Bermuda |
|---|---|---|
| Income | $3,000/mo | $0 (Remote) |
| Savings Option | N/A | Proof of 'substantial' means |
| Visa Fee | $300 | $263 |
| Processing | 30 days | 5 days |
| Validity | 9 months (renewable) | 1 year |
| Cost Tier | Medium | Ultra-High |
| Nomad Cost (est.) | ~$2,700/mo | ~$7,500/mo |
| 1BR Rent | ~$1200 | ~$3800 |
| Internet | 110 Mbps | 110 Mbps |
| Pet Friendliness | 5/10 | 3/10 |
| 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. | Bermuda is very strict. |