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| Feature | 🇵🇦 Panama Pensionado Visa | 🇹🇭 Thailand Retirement Visa (Non-Immigrant O-A) |
|---|---|---|
| Country | Panama | Thailand |
| Type | Retirement Visa | Retirement Visa |
| Cost | $1,000/mo lifetime pension | THB 1,900/yr (~$50) |
| Investment min | $1,000 | $50 |
| Min income | $1,000/mo | $1,800/mo |
| Processing | 3 months | 1 months |
| Min stay | 0 days/yr | 0 days/yr |
| Tax rate | 0% | 0% |
| Leads to PR | Yes | No |
| PR after | 0.0 years | — |
| Citizenship path | 5 years | — |
| Dual citizenship | Yes | No |
| Remote work | No | No |
| Healthcare | — | No |
| Visa-free countries | — | — |
| Data source | Official source | Official source |
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