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Expat Advice: Financial Issues in San Pedro La Laguna, Guatemala

Submitted by ResearchTeam

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

San Pedro La Laguna

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.

Expats considering retiring in San Pedro La Laguna should be aware that the local language is Spanish, so it is important to have a basic understanding of the language before moving there. Additionally, the cost of living in San Pedro La Laguna is relatively low, so expats should be prepared to live on a budget. It is also important to note that the town is quite small and remote, so expats should be prepared to live without some of the amenities they may be used to. Finally, expats should be aware that the healthcare system in Guatemala is not as advanced as in other countries, so it is important to have a good health insurance plan in place.

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