Where should I setup a bank account in Japan?
We asked expats in Japan what banks they use and there advice about banking. They advised...
"Expats should research the cost of living in Japan before retiring there, as it is generally more expensive than other countries. It is also important to understand the language and culture of Japan, as this will help to make the transition smoother. Additionally, expats should be aware of the visa requirements for retirement in Japan, as these can vary depending on the individual's circumstances. Finally, expats should research the healthcare system in Japan, as this will be important for their long-term health and wellbeing," commented one expat who made the move to Japan.
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"I found a bank in the U.S. with online services, which had special rates for using only electronic services. Within Japan, my company provided help getting the local bank set up. We also use Lloyd's of London's service to wire funds to the U.S," remarked another expat in Sendai, Japan.
Other Questions:
- What do I need to know before moving to Japan?
- How do I find a place to live in Japan?
- What is a typical expat home or apartment like in Japan?
- What is the average cost of housing in Japan?
- Should I buy or rent a home in Japan?
- What should I pack when moving to Japan?
- What cultural faux pas should I try to avoid making in Japan?
- Why do people move to Japan?
- What are healthcare services like in Japan?
- What are medical services in Japan like?
- What are typical rents in Japan?
- What appliances are typically included in a rental?
Where should I setup a bank account in Japan?
If you live in Japan, newcomers to Japan 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.