Where should I setup a bank account in Merida?
We asked expats in Merida what banks they use and there advice about banking. They advised...
"Before retiring in Merida, expats should be aware that the city is very different from many other places popular with retirees. It is important to ensure that one's current passport and visa are in order, as the Mexican government sets strict requirements for expats. Additionally, healthcare in Merida is different than that found in more developed countries, so expats should research and familiarize themselves with their medical care options in their new home. An average budget should also be created before the move to cover relocation expenses, rent and the cost of living. Finally, it is important to learn the basics of Spanish, both to communicate more easily with the locals and also to be able to read warning signs, understand directions, and access local services in the language," said another expat in Merida, Mexico.
"As far as I know, there is no "expat-focused" bank here. Banamex is owned by Citibank, and many of the other banks are owned by US banks. We have accounts at Banamex and Inbursa (a Mexican bank owned by Carlos Slim, the richest man in Mexico and the owner of Telmex, among other things). We used to have an account at Scotiabank but found them too old-fashioned and slow. Even so, Banamex's online banking can be terrifically confusing. But at least its there," wrote a member who made the move to Merida, Mexico.
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Dream Pro Homes Luxury owner Greg Gunter is the Broker for Berkshire Hathaway HomeServices offering luxury home options in the UNESCO city of San Miguel de Allende, Mexico, rated the No. 1 City in the World five years running from Conde Nast Traveler and Travel & Leisure magazines.
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Dream Pro Homes LuxuryDream Pro Homes Luxury owner Greg Gunter is the Broker for Berkshire Hathaway HomeServices offering luxury home options in the UNESCO city of San Miguel de Allende, Mexico, rated the No. 1 City in the World five years running from Conde Nast Traveler and Travel & Leisure magazines.
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Other Questions:
- What should I pack when moving to Merida?
- Where should I setup a bank account in Merida?
- Will I be able to find a job in Merida?
- What is life like in Merida?
- What do expats in Merida appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Merida?
- Is there a lot of diversity? Are people in Merida accepting of differences?
- What are the schools in Merida like?
- What are healthcare services like in Merida?
- What are medical services in Merida like?
- Are healthcare and health insurance expensive in Merida?
- What are emergency services like in Merida?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Merida?
- How are local medical facilities in Merida?
- As a foreigner living in Merida, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Where should I setup a bank account in Merida?
If you live in Merida, newcomers to Merida would love to hear your answer to this question.
