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Where should I setup a bank account in Franschhoek?

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

"Franschhoek is a small town in South Africa's Western Cape Province, known for its wine production and stunning landscapes. Before retiring there, expats should be aware of several factors. Firstly, the cost of living in Franschhoek is relatively high compared to other parts of South Africa, due to its popularity as a tourist destination. However, it is still lower than in many Western countries. Secondly, healthcare in South Africa is a mix of public and private providers. While the private healthcare system is of a high standard, it can be expensive, so it's advisable to have comprehensive health insurance. Thirdly, safety can be a concern in some parts of South Africa, but Franschhoek is generally considered safe, especially compared to larger cities. Fourthly, while English is widely spoken in South Africa, Afrikaans is the main language in Franschhoek, so learning some basic phrases could be beneficial. Fifthly, the climate in Franschhoek is Mediterranean, with hot summers and mild, wet winters. Lastly, expats retiring in South Africa need to apply for a retirement visa, which requires proof of sufficient financial means. In terms of lifestyle, Franschhoek offers a relaxed pace of life, with plenty of opportunities for outdoor activities such as hiking and wine tasting. The town is also home to some of South Africa's top restaurants and art galleries. However, it's worth noting that public transport is limited in Franschhoek, so having a car is almost essential. Overall, Franschhoek can offer a high quality of life for retirees, but it's important to do thorough research and possibly visit the town before making the decision to move," said another expat in Franschhoek, South Africa.

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Where should I setup a bank account in Franschhoek?

If you live in Franschhoek, newcomers to Franschhoek would love to hear your answer to this question.


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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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