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Where should I setup a bank account in Jubail?

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

"Expats planning to retire in Jubail, should be aware that the country has strict laws and customs, many of which are based on Islamic law. It's important to respect these customs and laws to avoid legal trouble. The cost of living in Jubail is relatively low compared to Western countries, but it's still higher than in other parts of Saudi Arabia. Expats should also be aware that the climate in Jubail is extremely hot, especially in the summer months, and can be quite harsh for those not used to such conditions. Healthcare in Saudi Arabia is of a high standard, but it can be expensive for expats. Therefore, it's recommended to have comprehensive health insurance. The official language is Arabic, and while English is widely spoken in business circles and by younger generations, it can be beneficial to learn some basic Arabic phrases. Saudi Arabia has strict laws regarding alcohol, which is completely banned in the country. This includes importing, brewing, selling, and consuming alcohol. The dress code in Saudi Arabia is conservative, especially for women, who are expected to wear an abaya (a loose-fitting black cloak) in public. Men should also dress modestly and avoid wearing shorts in public. Expats should also be aware that Saudi Arabia has a sponsorship system, known as Kafala. This means that expats need a sponsor (usually their employer) to obtain a residency permit, and the sponsor has significant control over the expat's legal status in the country. Saudi Arabia is a tax-free country, which means that there is no income tax on salaries. However, expats should check the tax regulations in their home country to avoid any legal complications. Finally, it's important to note that the rights and freedoms that expats may be used to in their home country may not be the same in Saudi Arabia. For example, freedom of speech is limited, and criticism of the government, religion, or cultural norms can lead to severe penalties," remarked another expat who made the move to Jubail, Saudi Arabia.

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Where should I setup a bank account in Jubail?

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


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