Where should I setup a bank account in Barbados?
We asked expats in Barbados what banks they use and there advice about banking. They advised...
"Before retiring in Barbados, expats should be aware of the cost of living, which is higher than in many other Caribbean countries. They should also research the local healthcare system and the availability of medical services. Additionally, expats should familiarize themselves with the local laws and regulations, as well as the tax system. It is also important to consider the climate and the type of housing available. Finally, expats should research the local culture and customs to ensure a smooth transition into their new home," said a member in Barbados.
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Other Questions:
- What do I need to know before retiring in Barbados?
- How do I meet people in Barbados?
- What is life like in Barbados?
- Is there a lot of crime in Barbados?
- Is there a lot of diversity? Are people in Barbados accepting of differences?
- What are the schools in Barbados like?
- Is the cost of living in Barbados high?
- What advice do you have for expats having a baby in Barbados?
- What are healthcare services like in Barbados?
- Is the cost of living in Barbados high?
- What type of recreational facilities are in Barbados?
- What is the weather like in Barbados?
- Are there good restaurants in Barbados?
- Where will I buy groceries and do other shopping in Barbados?
- What are the visa & residency requirements in Barbados?
- Are healthcare and health insurance expensive in Barbados?
- What do I need to know when buying property in Barbados?
- Are foreigners allowed to own property in Barbados?
- What appliances are typically included in a rental?
Where should I setup a bank account in Barbados?
If you live in Barbados, newcomers to Barbados would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.