The United States
Where should I setup a bank account in United States?
We asked expats in United States what banks they use and there advice about banking. They advised...
"Before retiring in the United States, expats should familiarize themselves with the rules and regulations surrounding the Social Security benefits available to them. Depending on their citizenship status and the country they are coming from, they may be eligible to receive benefits in the U.S. It is also recommended to research healthcare options before retirement and to review state and federal taxation rules that may apply to your retirement income. Additionally, expats should familiarize themselves with the U.S. culture and laws to identify areas they may need to adjust to. Lastly, expats should look into accessible transportation and support services in their chosen retirement destination to ensure they are able to live comfortably and obtain the services they need," mentioned another expat when asked about moving to United States.
"No, I first got a Bank of America account which annoyed me so much with their lack of customer services (and charging for them too!) that I looked elsewhere and got an account with a local credit union who turned out to be very friendly and flexible and give great personal service. I use them for my Bank account, HELOC and car loan. It's worth trying to find a local Credit Union (they have simple qualification rules, such as must live in a specific area or be employed by a specific employer or industry type," commented one expat who made the move to Sacramento, US.
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Other Questions:
- What do I need to know before moving to the United States?
- How do I find a place to live in the United States?
- What is a typical expat home or apartment like in the United States?
- What is the average cost of housing in the United States?
- Should I buy or rent a home in the United States?
- What should I pack when moving to the United States?
- What cultural faux pas should I try to avoid making in the United States?
- Why do people move to the United States?
- What are healthcare services like in the United States?
- What are medical services in the United States like?
- What are typical rents in the United States?
- What appliances are typically included in a rental?
Where should I setup a bank account in United States?
If you live in the United States, newcomers to the United States would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
