Where should I setup a bank account in Fairylands?

"Before retiring in Fairylands, expats should know that the cost of living is quite high, with housing being particularly expensive. They should also be aware that Bermuda has strict immigration laws, and obtaining residency can be challenging. Healthcare in Bermuda is of a high standard, but it is also expensive, so expats should ensure they have comprehensive health insurance. The island has a subtropical climate, with hot and humid summers and mild winters, which may take some adjustment for those used to cooler climates. Bermuda is a British Overseas Territory, so English is the official language, and the culture is a blend of British, American, and Caribbean influences. The island is known for its friendly and welcoming locals, but it can take time to integrate into the community. Bermuda has a low crime rate, but like any place, it is not entirely free of crime, so expats should take the usual precautions to ensure their safety. The island is also prone to hurricanes, so expats should be prepared for potential disruptions and damages during hurricane season. Public transportation in Bermuda is reliable, but owning a car can be expensive due to high import duties. The island has a strong economy, primarily driven by the insurance and reinsurance sectors, but job opportunities for expats can be limited. Lastly, Bermuda offers a high quality of life with beautiful beaches, golf courses, and other outdoor activities, making it an attractive retirement destination. However, it's essential to visit the island first to see if the lifestyle suits you before making a long-term commitment," wrote a member who made the move to Fairylands, Bermuda.

William Russell
Get Quote

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
Get Quote