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Koh Samui, Thailand | Where should I setup a bank account in Koh Samui? | Expat Exchange
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Where should I setup a bank account in Koh Samui?

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

"Before retiring in Koh Samui, expats should know that they will need a retirement visa, which requires them to be at least 50 years old and to meet certain financial requirements. They should also be aware that the cost of living can be higher than in other parts of Thailand, although it is still generally lower than in Western countries. Expats should understand that while English is widely spoken in tourist areas, learning some basic Thai can be very beneficial. They should also be prepared for the tropical climate, which includes a rainy season that can last from September to December. Healthcare in Koh Samui is generally good, with several international hospitals available. However, expats should ensure they have comprehensive health insurance as healthcare can be expensive. Expats should also be aware that while Koh Samui is a popular tourist destination, it can also be a quiet place to live, especially outside of the main tourist areas. Therefore, it's important to visit first and get a feel for the island before deciding to retire there. Understanding the local customs and culture is also important. Thai people place a great deal of importance on respect and politeness, and it's crucial to follow local customs to maintain good relationships with the local community. Finally, expats should know that while Koh Samui offers a relaxed lifestyle, it can also be quite isolated. Therefore, it's important to consider how you'll stay connected with family and friends back home, and whether you're comfortable with the distance and travel time involved," remarked another expat who made the move to Koh Samui, Thailand.

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Where should I setup a bank account in Koh Samui?

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


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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William Russell
William Russell

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