Where should I setup a bank account in Saudi Arabia?
We asked expats in Saudi Arabia what banks they use and there advice about banking. They advised...
"It is important to research the local laws and regulations as these can differ from those in other countries. Be aware that cultural norms, including dress codes and behavior, are strictly enforced. Make sure to obtain a valid visa and residency permits if planning to stay long-term. English is widely spoken and expats often have access to specific medical care and educational opportunities. Since the country is predominately Muslim, alcohol, pork products and public displays of affection are not generally allowed. Finally, accommodation ranges from luxurious villas to apartments and is typically available through negotiating a contract with a local real estate agent," remarked another expat who made the move to Saudi Arabia.
"No, I kept my financial institution I had in the states. I did not have a local bank in the states," explained one expat living in Dhahran, Saudi Arabia.
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Other Questions:
- What do I need to know before moving to Saudi Arabia?
- How do I find a place to live in Saudi Arabia?
- What is a typical expat home or apartment like in Saudi Arabia?
- What is the average cost of housing in Saudi Arabia?
- Should I buy or rent a home in Saudi Arabia?
- What should I pack when moving to Saudi Arabia?
- What cultural faux pas should I try to avoid making in Saudi Arabia?
- Why do people move to Saudi Arabia?
- What are healthcare services like in Saudi Arabia?
- What are medical services in Saudi Arabia like?
- What are typical rents in Saudi Arabia?
- What appliances are typically included in a rental?
Where should I setup a bank account in Saudi Arabia?
If you live in Saudi Arabia, newcomers to Saudi Arabia 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.