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Guatemala City, Guatemala

Where should I setup a bank account in Guatemala?

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William Russell
William Russell
William Russell
William Russell

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

"Expats should research the cost of living in Guatemala before retiring there, as it may be significantly lower than their home country. It is also important to research the healthcare system in Guatemala, as it may not be as comprehensive as what they are used to. Expats should also familiarize themselves with the local culture and customs, as well as the language, to ensure a smooth transition. Additionally, it is important to research the safety and security situation in Guatemala, as crime rates can be high in certain areas. Finally, expats should consider the availability of activities and amenities in the area they plan to retire in, as some areas may be more remote than others," remarked another expat who made the move to Guatemala.

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Where should I setup a bank account in Guatemala?

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About the Author

Joshua Wood 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.

Guatemala City, Guatemala

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William Russell
William Russell

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