Where should I setup a bank account in El Viejo?

"El Viejo, is a popular retirement destination for expats due to its low cost of living, warm climate, and friendly locals. Before retiring there, it's important to understand a few key things. Firstly, Spanish is the official language of Nicaragua, so learning some basic Spanish phrases or taking a language course would be beneficial. However, English is also widely spoken in tourist areas. Secondly, the cost of living in El Viejo is relatively low compared to many Western countries. This includes housing, food, and healthcare. However, it's important to have a clear understanding of your budget and financial situation before making the move. Thirdly, healthcare in Nicaragua is not as advanced as in some Western countries. While basic healthcare is affordable, more complex treatments may require travel to a larger city or even back to your home country. Fourthly, safety can be a concern in some parts of Nicaragua. While El Viejo is generally considered safe, it's important to stay informed about the current political situation and take standard precautions to protect your personal safety. Fifthly, the climate in El Viejo is tropical, meaning it's hot and humid year-round. If you're not used to this type of climate, it may take some time to adjust. Lastly, it's important to understand the visa and residency requirements for retiring in Nicaragua. You may need to apply for a specific retirement visa, which requires proof of a steady income. It's recommended to consult with a legal expert or immigration consultant to ensure you meet all the necessary requirements," remarked another expat in El Viejo, Nicaragua.