Panama Visa vs Latvia
Side-by-side comparison of tax rules, income requirements, and visa difficulty.
| Criteria | Panama | Latvia |
|---|---|---|
| Income | $3,000/mo | $4,200/mo |
| Savings Option | N/A | N/A |
| Visa Fee | $300 | $65 |
| Processing | 30 days | 15 days |
| Validity | 9 months (renewable) | 1 year (renewable to 2) |
| Cost Tier | Medium | Medium |
| Nomad Cost (est.) | ~$2,700/mo | ~$1,900/mo |
| 1BR Rent | ~$1200 | ~$650 |
| Internet | 110 Mbps | 110 Mbps |
| Pet Friendliness | 5/10 | 7/10 |
| 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. | Standard EU rules. |