Where should I setup a bank account in Guatemala?
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," explained one expat living in Guatemala.
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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.
Other Questions:
- What should I pack when moving to Guatemala?
- Where should I setup a bank account in Guatemala?
- Will I be able to find a job in Guatemala?
- What is life like in Guatemala?
- What do expats in Guatemala appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Guatemala?
- Is there a lot of diversity? Are people in Guatemala accepting of differences?
- What are the schools in Guatemala like?
- What are healthcare services like in Guatemala?
- What are medical services in Guatemala like?
- Are healthcare and health insurance expensive in Guatemala?
- What are emergency services like in Guatemala?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Guatemala?
- How are local medical facilities in Guatemala?
- As a foreigner living in Guatemala, 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 Guatemala?
If you live in Guatemala, newcomers to Guatemala 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.