Last Updated: Feb 2026

Panama Visa vs Hungary

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

CriteriaPanamaHungary
Income$3,000/mo$3,200/mo
Savings OptionN/AN/A
Visa Fee$300$120
Processing30 days1 month
Validity9 months (renewable)1 year (renewable once)
Cost TierMediumMedium
Nomad Cost (est.)~$2,700/mo~$2,100/mo
1BR Rent~$1200~$750
Internet110 Mbps120 Mbps
Pet Friendliness5/108/10
Tax trigger183 days183 days
Insurance requiredYesYes
Pet Catch (2026)Requires a 'Home Quarantine' and an authentication of the health certificate by the Panamanian Consulate.Very pet-friendly.

Travel Insurance Required

Panama deep-diveHungary deep-dive