Expat Advice: Financial Issues in Before retiring in Michigan, it is important to understand the state's tax laws. Michigan has a flat income tax rate of 4.25%, and Social Security benefits are exempt from taxation. Additionally, Michigan has a 6% sales tax, and property taxes vary by county. It is also important to consider the cost of living in Michigan, which is slightly higher than the national average. Finally, retirees should research the availability of healthcare services and recreational activities in the area they plan to live in., Michigan

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.

Before retiring in Michigan, it is important to understand the state's tax laws. Michigan has a flat income tax rate of 4.25%, and Social Security benefits are exempt from taxation. Additionally, Michigan has a 6% sales tax, and property taxes vary by county. It is also important to consider the cost of living in Michigan, which is slightly higher than the national average. Finally, retirees should research the availability of healthcare services and recreational activities in the area they plan to live in.