Thailand
Where should I setup a bank account in Thailand?
We asked expats in Thailand what banks they use and there advice about banking. They advised...
"Before retiring in Thailand, expats should research the cost of living in various cities and determine the best fit for their budget and lifestyle. Expats should also familiarize themselves with Thai culture and customs in order to ensure an adjust to the new lifestyle. Additionally, research the availability of health care facilities, obtainable treatments, and services to ensure access to quality care in Thailand. Furthermore, expats should obtain the correct visa for retiring in Thailand, typically a Non-Immigrant O-A visa, and investigate the total costs associated with obtaining it. Lastly, expats should research any taxes applicable to retirees in Thailand," remarked another expat who made the move to Thailand.
"At first I used Bank of America for checking, but then they shifted out of the retail banking business in Thailand, so I use local banks for everything, except credit cards, where I use banks in the USA," explained one expat living in Bangkok, Thailand.
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Other Questions:
- What do I need to know before moving to Thailand?
- How do I find a place to live in Thailand?
- What is a typical expat home or apartment like in Thailand?
- What is the average cost of housing in Thailand?
- Should I buy or rent a home in Thailand?
- What should I pack when moving to Thailand?
- What cultural faux pas should I try to avoid making in Thailand?
- Why do people move to Thailand?
- What are healthcare services like in Thailand?
- What are medical services in Thailand like?
- What are typical rents in Thailand?
- What appliances are typically included in a rental?
Where should I setup a bank account in Thailand?
If you live in Thailand, newcomers to Thailand would love to hear your answer to this question.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad 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.
