Where should I setup a bank account in Hvar?
We asked expats in Hvar what banks they use and there advice about banking. They advised...
"Hvar is a popular destination for expats due to its beautiful scenery, warm climate, and relaxed lifestyle. Before retiring in Hvar, it's important to understand the cost of living, which is generally lower than in many Western countries, but higher than in other parts of Croatia due to its popularity as a tourist destination. You should also be aware of the healthcare system in Croatia. While the country has a high standard of healthcare, it's advisable to have a comprehensive health insurance plan, as not all services may be covered under the national health system. Language can be a barrier, as not everyone speaks English, especially the older generation. Learning some basic Croatian phrases can be helpful. Croatia is part of the European Union, but not the Schengen Area, which means different visa rules apply. Depending on your nationality, you may need to apply for a long-term stay visa or a temporary residence permit. The property market in Hvar can be expensive, especially in the old town and near the sea. Renting is a popular option for many expats, but if you're planning to buy a property, it's recommended to hire a local real estate agent and a lawyer to help navigate the process. The island has a slower pace of life, which can be a big change if you're used to living in a bustling city. The local culture is laid-back and social, with a strong emphasis on enjoying life's pleasures, such as food, wine, and the company of friends. Public transportation on the island is limited, so you may want to consider buying a car or a scooter for getting around. However, be aware that the roads can be narrow and winding, and parking can be a challenge in the summer months due to the influx of tourists. Finally, it's important to understand the tax implications of retiring in Croatia. As a resident, you may be liable to pay tax on your worldwide income, so it's advisable to seek advice from a tax professional," said another expat in Hvar, Croatia.
Other Questions:
- What do I need to know before moving to Hvar?
- How do I find a place to live in Hvar?
- What is a typical expat home or apartment like in Hvar?
- What is the average cost of housing in Hvar?
- Should I buy or rent a home in Hvar?
- What should I pack when moving to Hvar?
- What cultural faux pas should I try to avoid making in Hvar?
- What advice do you have for expats having a baby in Hvar?
- What are healthcare services like in Hvar?
- Is the cost of living in Hvar high?
- Will I save money living in Hvar?
- Why do people move to Hvar?
- What are healthcare services like in Hvar?
- What are medical services in Hvar like?
Where should I setup a bank account in Hvar?
If you live in Hvar, newcomers to Hvar would love to hear your answer to this question.