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Groningen, Netherlands | Where should I setup a bank account in Groningen? | Expat Exchange
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Where should I setup a bank account in Groningen?

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

"Before retiring in Groningen, expats should know that the city is known for its high quality of life and vibrant cultural scene. It's a university city, so it has a youthful, energetic vibe. Expats should be aware that the cost of living in Groningen is relatively high, especially when it comes to housing. Renting or buying a property can be expensive, and it's important to budget accordingly. The official language is Dutch, but English is widely spoken, especially among the younger population and in the business sector. However, learning some basic Dutch phrases can be beneficial for daily life and integrating into the local community. Healthcare in the Netherlands is of a high standard, but it's mandatory to have health insurance. Expats should ensure they have adequate coverage, either through a local provider or an international health insurance plan. The Netherlands has a comprehensive social security system, but expats should familiarize themselves with the specifics of Dutch pensions and retirement benefits. It's also important to understand the tax implications of retiring in the Netherlands. Public transportation in Groningen is efficient and reliable, with a comprehensive network of buses and trains. Cycling is also a popular mode of transport, and the city is very bike-friendly. The weather in Groningen can be quite changeable, with mild summers and cool, wet winters. Expats from warmer climates may need some time to adjust. Finally, expats should be aware that the Dutch are known for their directness in communication. This can sometimes be mistaken for rudeness, but it's simply a cultural difference," explained one expat living in Groningen, The Netherlands.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

Click connect to have our partner contact you via e-mail and/or phone.

SJB GlobalSJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.

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Where should I setup a bank account in Groningen?

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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!
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