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Guatemala | Where should I setup a bank account in Guatemala? | Digital Nomad Exchange
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Guatemala City, Guatemala

Where should I setup a bank account in Guatemala?

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Universal Tax Professionals
Universal Tax Professionals
Universal Tax Professionals
Universal Tax Professionals

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

"Expats should research the cost of living in Guatemala before retiring there, as it may be significantly lower than their home country. It is also important to research the healthcare system in Guatemala, as it may not be as comprehensive as what they are used to. Expats should also familiarize themselves with the local culture and customs, as well as the language, to ensure a smooth transition. Additionally, it is important to research the safety and security situation in Guatemala, as crime rates can be high in certain areas. Finally, expats should consider the availability of activities and amenities in the area they plan to retire in, as some areas may be more remote than others," mentioned another expat when asked about moving to Guatemala.

Other Questions:

Where should I setup a bank account in Guatemala?

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

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


About the Author

Joshua Wood 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.

Guatemala City, Guatemala

William Russell
William Russell

Get a quote for international health insurance from our partner, William Russell.
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William RussellWilliam Russell

Get a quote for international health insurance from our partner, William Russell.
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