Where should I setup a bank account in Japan?
We asked expats in Japan what banks they use and there advice about banking. They advised...
"I found a bank in the U.S. with online services, which had special rates for using only electronic services. Within Japan, my company provided help getting the local bank set up. We also use Lloyd's of London's service to wire funds to the U.S," said another expat in Sendai, Japan.
"Expats should research the cost of living in Japan before retiring there, as it is generally more expensive than other countries. It is also important to understand the language and culture of Japan, as this will help to make the transition smoother. Additionally, expats should be aware of the visa requirements for retirement in Japan, as these can vary depending on the individual's circumstances. Finally, expats should research the healthcare system in Japan, as this will be important for their long-term health and wellbeing," wrote a member who made the move to Japan.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What do I need to know before retiring in Japan?
- How do I meet people in Japan?
- What is life like in Japan?
- Is there a lot of crime in Japan?
- Is there a lot of diversity? Are people in Japan accepting of differences?
- What are the schools in Japan like?
- Is the cost of living in Japan high?
- What advice do you have for expats having a baby in Japan?
- What are healthcare services like in Japan?
- Is the cost of living in Japan high?
- What type of recreational facilities are in Japan?
- What is the weather like in Japan?
- Are there good restaurants in Japan?
- Where will I buy groceries and do other shopping in Japan?
- What are the visa & residency requirements in Japan?
- Are healthcare and health insurance expensive in Japan?
- What do I need to know when buying property in Japan?
- Are foreigners allowed to own property in Japan?
- What appliances are typically included in a rental?
Where should I setup a bank account in Japan?
If you live in Japan, newcomers to Japan 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.