Expat Advice: Financial Issues in Before retiring in Puerto Rico, it is important to understand the cost of living, the tax implications, and the availability of healthcare. Puerto Rico has a tropical climate, so it is important to be prepared for hot and humid weather. It is also important to understand the culture and language of Puerto Rico, as English is not the primary language. Additionally, it is important to research the different neighborhoods and communities to find the best fit for your lifestyle. Lastly, it is important to understand the local laws and regulations, as they may differ from those in the mainland United States., Puerto Rico

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 Puerto Rico, it is important to understand the cost of living, the tax implications, and the availability of healthcare. Puerto Rico has a tropical climate, so it is important to be prepared for hot and humid weather. It is also important to understand the culture and language of Puerto Rico, as English is not the primary language. Additionally, it is important to research the different neighborhoods and communities to find the best fit for your lifestyle. Lastly, it is important to understand the local laws and regulations, as they may differ from those in the mainland United States.