Expat Advice: Financial Issues in Basel, Switzerland

What is the name of the city or town that you are reporting on?

Basel

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 Basel, expats should be aware of the cost of living, which is higher than in many other countries. They should also be aware of the language barrier, as the majority of the population speaks German. Additionally, expats should research the healthcare system and the availability of medical services in the area. It is also important to understand the tax system and the regulations for obtaining a residence permit. Finally, expats should familiarize themselves with the local culture and customs to ensure a smooth transition into their new home.

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GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
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