Where should I setup a bank account in Krabi?
We asked expats in Krabi what banks they use and there advice about banking. They advised...
"Expats considering retirement in Krabi should be aware of several important factors. Firstly, they should understand the visa requirements, which typically involve obtaining a retirement visa that needs to be renewed annually. They should also be aware of the cost of living, which can be significantly lower than in Western countries, but varies depending on lifestyle choices. Healthcare in Thailand is generally of a high standard, but it's recommended to have comprehensive health insurance. Expats should also consider the language barrier, as while English is spoken in tourist areas, it's less common in rural areas. Learning basic Thai phrases can be beneficial. The climate in Krabi is tropical, with high temperatures and humidity year-round, and a rainy season from May to October. Expats should also be aware of the cultural differences, including the importance of respecting the Thai Royal Family and Buddhist traditions. Thailand has a slower pace of life, which can be a significant adjustment. The food in Thailand is renowned worldwide, but it's spicier than Western food, so it may take time to adjust. Finally, while Krabi is generally safe, expats should be aware of common scams targeting foreigners, and take precautions to protect their personal safety and belongings," explained one expat living in Krabi, Thailand.
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SJB-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.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
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- Where should I setup a bank account in Krabi?
- Will I be able to find a job in Krabi?
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- What do people like (and dislike) about Krabi?
- What type of social life can someone expect in Krabi?
- What is the social scene like in Krabi?
- What advice to expats in Krabi have about housing?
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- Are healthcare and health insurance expensive in Krabi?
- Is the cost of living in Krabi high?
- What are the visa & residency requirements in Krabi?
- Why do people move to Krabi?
Where should I setup a bank account in Krabi?
If you live in Krabi, newcomers to Krabi would love to hear your answer to this question.