South Korea Visa vs Panama
Side-by-side comparison of tax rules, income requirements, and visa difficulty.
| Criteria | South Korea | Panama |
|---|---|---|
| Income | $5,500/mo | $3,000/mo |
| Savings Option | N/A | N/A |
| Visa Fee | $60 | $300 |
| Processing | 2 weeks | 30 days |
| Validity | 1 year (renewable) | 9 months (renewable) |
| Cost Tier | High | Medium |
| Nomad Cost (est.) | ~$3,100/mo | ~$2,700/mo |
| 1BR Rent | ~$900 | ~$1200 |
| Internet | 280 Mbps | 110 Mbps |
| Pet Friendliness | 4/10 | 5/10 |
| Tax trigger | 183 days | 183 days |
| Insurance required | Yes | Yes |
| Pet Catch (2026) | Strict quarantine unless you have a rabies titer test from an approved lab. | Requires a 'Home Quarantine' and an authentication of the health certificate by the Panamanian Consulate. |