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Expat Advice: Financial Issues in Bogota, Colombia

Submitted by ResearchTeam

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

Bogota

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 Bogota, expats should familiarize themselves with the local culture and customs. It is also important to research the cost of living in the city, as well as the availability of healthcare and other services. Additionally, expats should consider the safety of the city and the availability of transportation. It is also important to research the visa requirements for long-term stays in Colombia. Finally, expats should consider the language barrier and the availability of English-speaking services.

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