Expat Advice: Financial Issues in San Juan, Costa Rica
What is the name of the city or town that you are reporting on?
San Juan
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.
I have a real estate and military background. Of all the places I have done business and lived in around the world; Costa Rica is the most devious, unfriendly, gouging, and expensive place I have visited. Tried to do business there. The lawyer stole my money and another over charged me by 4 times normal fees. Ticos generally dislike "Gringos" and try to rip off visitors in every way. Deeds Titles and the law are all stacked against you and if the thieves and robbers don't get you the lawyers and courts will. Consider yourself warned.
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Click connect to have our partner contact you via e-mail and/or phone.
What advice would you offer others about banking as an expat in your country? What do you wish you had known about banking when you first arrived?
Stay away from Costa Rica.Gringos are considered fair game. Your account is not safe.
What sort of challenges or frustrations have you encountered as an investor living overseas? Please describe.
Deeds and titles are not good. Lawyers are crooks.
Additional Information:
- Costa Rica Guide
- Healthcare & Health Insurance in Costa Rica
- Members Talk about Healthcare & Health Insurance in Costa Rica
- Best Places to Live in Costa Rica
- Real Estate in Costa Rica
- Guide to Real Estate in Costa Rica
- Pros & Cons of Living in Costa Rica
- Cost of Living in Costa Rica
- 15 Best Places to Live in Costa Rica
- 10 Best Places to Live on the Coast in Costa Rica
- How to Navigate the Health System in Costa Rica
- Guide to Obtaining Residency in Costa Rica
- 2024 Guide to Living in Costa Rica
- Pros and Cons of Living in Costa Rica 2024
- 2024 Guide to Moving to Costa Rica
- Members Talk about the Cost of Living in Costa Rica