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Smith's, Bermuda | Where should I setup a bank account in Smith's? | Expat Exchange
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Where should I setup a bank account in Smith's?

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

"Before retiring in Smith's, expats should know that the cost of living is quite high, with housing, groceries, and utilities being more expensive than in many other countries. 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 hot and humid summers and mild winters. They should also be prepared for the possibility of hurricanes, which can occur between June and November. Healthcare in Bermuda is of a high standard, but it can be expensive, and expats should ensure they have comprehensive health insurance. Bermuda's official language is English, which makes it easier for English-speaking expats to settle in. However, Bermudian English has its own unique dialect and accents, which may take some getting used to. Bermuda has a rich culture and history, and expats should take the time to learn about and respect local customs and traditions. Public transportation in Bermuda is reliable, with a good network of buses and ferries. However, private car ownership is limited and expensive due to government regulations. Bermuda has a high standard of education, with both public and private schools available. However, spaces in schools can be limited, and expats should research schooling options well in advance. Bermuda is a British Overseas Territory, and the British pound is accepted, but the Bermudian dollar is the official currency. Finally, Bermuda is known for its beautiful beaches, outdoor activities, and friendly locals, making it a popular retirement destination for expats. However, it's important to visit first to ensure it's the right fit for your retirement lifestyle," remarked another expat in Smith's, Bermuda.

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Where should I setup a bank account in Smith's?

If you live in Smith's, newcomers to Smith's would love to hear your answer to this question.


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