Last Updated: Feb 2026

Panama Visa vs Montenegro

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

CriteriaPanamaMontenegro
Income$3,000/mo$1,500/mo
Savings OptionN/AN/A
Visa Fee$300$70
Processing30 days1 month
Validity9 months (renewable)2 years (renewable)
Cost TierMediumLow
Nomad Cost (est.)~$2,700/mo~$1,700/mo
1BR Rent~$1200~$650
Internet110 Mbps50 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.Easy entry with health certificate and rabies vax.

Travel Insurance Required

Panama deep-diveMontenegro deep-dive