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Devonshire, Bermuda | Where should I setup a bank account in Devonshire? | Expat Exchange
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Where should I setup a bank account in Devonshire?

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

"Before retiring in Devonshire, expats should know that the cost of living is quite high, with housing being particularly expensive. They should also be aware that Bermuda has strict immigration laws and obtaining residency can be challenging. Expats should understand that Bermuda has a subtropical climate, with high humidity and temperatures ranging from 60 to 85 degrees Fahrenheit throughout the year. The island is also prone to hurricanes, particularly between June and November. Healthcare in Bermuda is of a high standard but it can be expensive, so it's important to have comprehensive health insurance. The island has a well-established public transportation system, but owning a car can be costly due to high import duties. English is the official language in Bermuda, but the local accent can sometimes be difficult to understand. The local currency is the Bermudian dollar, which is pegged to the US dollar, and both currencies are accepted throughout the island. Bermuda has a rich history and culture, with a mix of British and African influences. Cricket is the national sport and the island has numerous golf courses. The cuisine is a blend of British, Caribbean, and Portuguese flavors, with seafood being a staple. Lastly, expats should be aware that Bermuda has strict laws on drug use and possession, with severe penalties for violations. It's also worth noting that the island has a conservative dress code, particularly in public places and during business hours," said another expat in Devonshire, Bermuda.

Other Questions:

Where should I setup a bank account in Devonshire?

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


SJB Global
SJB Global

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.
Learn More

SJB GlobalSJB Global

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.
Learn More

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William Russell
William Russell

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