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Romania | Where should I setup a bank account in Romania? | Expat Exchange
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Bucharest, Romania

Where should I setup a bank account in Romania?

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

"1. Expats should research the cost of living in Romania to ensure they can afford to retire there. 2. It is important to understand the local language, as English is not widely spoken in Romania. 3. Expats should familiarize themselves with the healthcare system in Romania, as well as the availability of medical insurance. 4. Expats should research the visa requirements for Romania, as well as any other necessary paperwork for retirement. 5. Expats should also research the local culture and customs to ensure they are prepared for life in Romania. 6. It is important to understand the tax system in Romania, as well as any other financial regulations that may apply to expats," commented one expat who made the move to Romania.

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Other Questions:

Where should I setup a bank account in Romania?

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

If your answer relates to a specific city or town in Romania, please include the name of the city/town below:


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.

Bucharest, Romania

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