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Oxford, UK | Where should I setup a bank account in Oxford? | Expat Exchange
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Where should I setup a bank account in Oxford?

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We asked expats in Oxford what banks they use and there advice about banking. They advised...

"Expats considering retiring in Oxford, should be aware of several factors before making the move. Firstly, they should research the cost of living, which can be relatively high in Oxford compared to other UK cities. This includes housing costs, utilities, groceries, and transportation. It is essential to understand the UK's healthcare system, the National Health Service (NHS), which provides free healthcare to residents. Expats should ensure they are eligible for NHS services and consider purchasing private health insurance if necessary. Retirees should also familiarize themselves with the UK's tax system, including income tax, council tax, and inheritance tax. They may need to consult a financial advisor to understand their tax obligations and potential double taxation issues. Oxford has a rich cultural scene, with numerous museums, galleries, and historic sites to explore. Retirees should take advantage of the city's vibrant arts and culture offerings, as well as its proximity to London and other major cities for day trips and weekend getaways. The city has a well-developed public transportation system, including buses and trains, making it easy to get around without a car. However, expats should be prepared for the UK's left-hand driving system if they plan to drive. English is the primary language spoken in Oxford, but it can be helpful to learn some basic British slang and customs to better integrate into the local community. Expats should also be prepared for the UK's notoriously unpredictable weather, which can include rain, wind, and occasional snow. Finally, retirees should research the various types of visas and residency permits available for living in the UK long-term. They may need to apply for a specific visa based on their financial situation, age, and other factors. It is crucial to understand the requirements and application process to ensure a smooth transition to life in Oxford," said another expat in Oxford, England.

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Where should I setup a bank account in Oxford?

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Allianz Care

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Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

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