Last Updated: Feb 2026

Panama Visa vs Bulgaria

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

CriteriaPanamaBulgaria
Income$3,000/mo$2,000/mo
Savings OptionN/A$10,000 balance
Visa Fee$300$100
Processing30 days1-2 months
Validity9 months (renewable)1 year
Cost TierMediumLow
Nomad Cost (est.)~$2,700/mo~$1,500/mo
1BR Rent~$1200~$480
Internet110 Mbps100 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.Standard EU rules.

Travel Insurance Required

Panama deep-diveBulgaria deep-dive