Where should I setup a bank account in Thessaloniki?

"Before retiring in Thessaloniki, expats should know that the cost of living is generally lower than in many Western European countries, but it's still important to have a solid financial plan. They should also be aware that Greece has a high tax rate, which can affect their income and savings. Expats should understand that the healthcare system in Greece is a mix of public and private, and while the quality of care is generally good, it can be inconsistent. Therefore, it's advisable to have a comprehensive health insurance plan. Language can be a barrier as not everyone speaks English, especially among the older population. Learning basic Greek phrases or taking language classes can be beneficial. Thessaloniki has a Mediterranean climate with hot, dry summers and mild, wet winters. Expats from colder climates might need time to adjust to the heat in the summer. The city is known for its rich history and vibrant culture. Expats should take time to explore the local museums, historical sites, and festivals to fully immerse themselves in the local culture. Public transportation in Thessaloniki is reliable and affordable, but expats should also know that driving in Greece can be challenging due to the aggressive driving habits of some locals. Greek cuisine is a highlight of living in Thessaloniki. The city is known for its fresh seafood, local wines, and traditional Greek dishes. Finally, expats should be aware that Greece has been affected by economic instability in recent years. While the situation has improved, it's important to stay informed about the economic climate," explained one expat living in Thessaloniki, Greece.

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