Expat Advice: Financial Issues in Before retiring in Rhode Island, it is important to understand the state's tax laws. Rhode Island has a flat income tax rate of 5.99%, and Social Security benefits are not taxed. Additionally, Rhode Island has a sales tax of 7%, and property taxes are relatively high. It is also important to consider the cost of living in Rhode Island, which is higher than the national average. Lastly, Rhode Island offers a variety of recreational activities and attractions, making it an ideal place to retire., Rhode Island

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 Rhode Island, it is important to understand the state's tax laws. Rhode Island has a flat income tax rate of 5.99%, and Social Security benefits are not taxed. Additionally, Rhode Island has a sales tax of 7%, and property taxes are relatively high. It is also important to consider the cost of living in Rhode Island, which is higher than the national average. Lastly, Rhode Island offers a variety of recreational activities and attractions, making it an ideal place to retire.