Last Updated: Feb 2026

Panama Visa vs Ecuador

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

CriteriaPanamaEcuador
Income$3,000/mo$1,350/mo
Savings OptionN/AN/A
Visa Fee$300$450
Processing30 days1-2 months
Validity9 months (renewable)2 years
Cost TierMediumLow
Nomad Cost (est.)~$2,700/mo~$1,400/mo
1BR Rent~$1200~$450
Internet110 Mbps40 Mbps
Pet Friendliness5/106/10
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 import requirements.

Travel Insurance Required

Panama deep-diveEcuador deep-dive