Where should I setup a bank account in Bermuda?

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

"Before retiring in Bermuda, expats should be aware of the cost of living, which is higher than in many other countries. They should also research the local housing market and the availability of rental properties. Additionally, expats should familiarize themselves with the local laws and regulations, including those related to taxation and healthcare. It is also important to consider the climate and the island's hurricane season. Finally, expats should research the local culture and customs to ensure a smooth transition into their new home," remarked another expat who made the move to Bermuda.

Where should I setup a bank account in Bermuda?

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

About the Author

Joshua Wood 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.