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Hafnarfjordur, Iceland | Where should I setup a bank account in Hafnarfjordur? | Expat Exchange
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Where should I setup a bank account in Hafnarfjordur?

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We asked expats in Hafnarfjordur what banks they use and there advice about banking. They advised...

"Expats considering retirement in Hafnarfjordur should be aware that the cost of living is relatively high, with groceries, dining out, and housing being more expensive than in many other countries. They should also know that the climate is cold and windy, with long, dark winters and short, cool summers. The official language is Icelandic, but English is widely spoken, especially by younger generations. However, learning some Icelandic can be beneficial for integrating into the community. Healthcare in Iceland is of a high standard, but it's important to have comprehensive health insurance as medical costs can be high. Iceland is known for its safety and low crime rates, but it's still important to take standard precautions. Public transportation in Hafnarfjordur is reliable and efficient, but owning a car can be beneficial for exploring the stunning landscapes of the country. Iceland has a high tax rate, so it's important to understand the tax implications before moving. The country is known for its strong sense of community and outdoor lifestyle, with plenty of opportunities for hiking, fishing, and other outdoor activities. Finally, it's important to understand the visa and residency requirements for retiring in Iceland, as the process can be complex and time-consuming," remarked another expat who made the move to Hafnarfjordur, Iceland.

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Where should I setup a bank account in Hafnarfjordur?

If you live in Hafnarfjordur, newcomers to Hafnarfjordur would love to hear your answer to this question.


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