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Tulum, Mexico

Where should I setup a bank account in Tulum?

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

"Before retiring in Tulum, expats should know that the cost of living is generally lower than in many Western countries, but it can vary depending on lifestyle choices. They should be aware that while many locals speak English, learning Spanish can greatly enhance their experience and make daily life easier. Expats should understand that healthcare in Mexico is generally good and less expensive than in the U.S., but it's advisable to have health insurance. They should also know that Tulum is a popular tourist destination, so it can get crowded during peak travel seasons. Expats should be prepared for the tropical climate, which includes hot, humid summers and mild winters. They should also be aware of the potential for hurricanes during the hurricane season, which runs from June to November. Before moving, expats should familiarize themselves with the process of obtaining a resident visa in Mexico, which requires proof of income and may involve a lot of paperwork. They should also know that while Tulum is generally safe, like any place, it has crime, and they should take standard precautions to protect themselves and their property. Expats should also be aware that while Tulum has many modern amenities, it is still a developing area and infrastructure can sometimes be lacking compared to what they might be used to. Lastly, they should know that Tulum is known for its beautiful beaches, ancient ruins, and vibrant local culture, offering plenty of opportunities for leisure and exploration," remarked another expat in Tulum, Mexico.

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Where should I setup a bank account in Tulum?

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


Tulum, Mexico

Allianz Care
Allianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
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Allianz CareAllianz Care

Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
Get Quote

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