Where should I setup a bank account in Providencia Island?

"Expats considering retirement in Providencia Island, should be aware of several factors before making the move. Firstly, they should research the cost of living, which is generally lower than in many Western countries, but may vary depending on lifestyle choices and location on the island. Healthcare is another important consideration, as the island has limited medical facilities, and serious medical issues may require travel to the mainland for treatment. Expats should also be prepared for a slower pace of life and a more relaxed attitude towards time and punctuality. Language can be a barrier, as Spanish is the official language in Colombia, and many locals may not speak English. Learning Spanish will be beneficial for day-to-day interactions and integrating into the local community. The island's culture is a mix of Afro-Caribbean and Latin American influences, and expats should be open to embracing and respecting these cultural differences. Safety and security are important concerns for retirees, and while Providencia Island is generally considered safe, it is still essential to take precautions and stay informed about local news and events. Expats should also be aware of the island's tropical climate, which can be hot and humid, with a rainy season from May to November. Housing options on Providencia Island may be limited, and it is recommended to visit the island and explore different areas before making a decision on where to live. Renting a property is a common choice for expats, as purchasing property can be complicated due to local regulations and restrictions on foreign ownership. Finally, it is crucial for expats to understand the visa and residency requirements for retiring in Colombia. A retirement visa, known as a Pensionado visa, is available for those who can prove a stable monthly income from a pension or social security. This visa needs to be renewed regularly, and expats should consult with a local immigration expert to ensure they meet all the necessary requirements," said another expat in Providencia Island, Colombia.