Expat Advice: Financial Issues in Kiev, Ukraine
What is the name of the city or town that you are reporting on?
Kiev
Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.
Nope, not yet.
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What advice would you offer others about banking as an expat in your country? What do you wish you had known about banking when you first arrived?
Look into various options. All should have Internet access for easy viewing of your accounts, and ideally the ability to contact the bank via email.
What sort of challenges or frustrations have you encountered as an investor living overseas? Please describe.
Exhorbitant wire transfer charges, even those coming into my account
Do you do your own taxes, use a local firm, an expat-oriented firm or does your employer handle this for you (i.e. via an corporate tax firm)?
Do my own.
What advice could you offer others about doing your taxes as an expat?
Start earlier and read carefully; plan your year and travel accordingly.