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Canberra, Australia | Where should I setup a bank account in Canberra? | Expat Exchange
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Where should I setup a bank account in Canberra?

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

"Before retiring in Canberra, expats should know that it is the capital city of Australia and is known for its high standard of living, clean environment, and active lifestyle. They should be aware that the cost of living can be quite high, especially when it comes to housing and dining out. Expats should understand that Canberra has a temperate climate with four distinct seasons, and it can get quite cold in the winter. They should also know that the city is well-planned with excellent infrastructure, including a good public transportation system. Healthcare in Canberra is of a high standard, but expats should ensure they have adequate health insurance as medical costs can be high. They should also be aware that Australia has a reciprocal healthcare agreement with certain countries which may cover some medical costs. Expats should know that Canberra has a strong economy with low unemployment rates. However, if they plan to work during their retirement, they should check the visa requirements as they may need a work visa. Canberra is a multicultural city with a large expat community, so newcomers are often welcomed and can easily find social groups and activities to join. The city is also known for its safety and low crime rate, making it a comfortable place for retirees. Expats should also be aware that Canberra is a relatively small city, so while it offers many amenities and services, it may not have the same level of hustle and bustle as larger cities like Sydney or Melbourne. Lastly, expats should know that Canberra is surrounded by nature, including mountains and national parks, so it's an ideal location for those who enjoy outdoor activities," explained one expat living in Canberra, Australia.

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GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
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Other Questions:

Where should I setup a bank account in Canberra?

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


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