Where should I setup a bank account in United States?
We asked expats in United States what banks they use and there advice about banking. They advised...
"Before retiring in the United States, expats should familiarize themselves with the rules and regulations surrounding the Social Security benefits available to them. Depending on their citizenship status and the country they are coming from, they may be eligible to receive benefits in the U.S. It is also recommended to research healthcare options before retirement and to review state and federal taxation rules that may apply to your retirement income. Additionally, expats should familiarize themselves with the U.S. culture and laws to identify areas they may need to adjust to. Lastly, expats should look into accessible transportation and support services in their chosen retirement destination to ensure they are able to live comfortably and obtain the services they need," wrote a member who made the move to United States.
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SJB GlobalSJB-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.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
"No, I first got a Bank of America account which annoyed me so much with their lack of customer services (and charging for them too!) that I looked elsewhere and got an account with a local credit union who turned out to be very friendly and flexible and give great personal service. I use them for my Bank account, HELOC and car loan. It's worth trying to find a local Credit Union (they have simple qualification rules, such as must live in a specific area or be employed by a specific employer or industry type," explained one expat living in Sacramento, US.
Other Questions:
- What should I pack when moving to the United States?
- Where should I setup a bank account in the United States?
- Will I be able to find a job in the United States?
- What is life like in the United States?
- What do expats in the United States appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in the United States?
- Is there a lot of diversity? Are people in the United States accepting of differences?
- What are the schools in the United States like?
- What are healthcare services like in the United States?
- What are medical services in the United States like?
- Are healthcare and health insurance expensive in the United States?
- What are emergency services like in the United States?
- Will I need to travel to see a specialist?
- Are common prescription medications available in the United States?
- How are local medical facilities in the United States?
- As a foreigner living in the United States, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Where should I setup a bank account in United States?
If you live in the United States, newcomers to the United States would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad 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.