Where should I setup a bank account in Tucker's Town?

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

"Tucker's Town is a small, affluent community known for its luxury resorts and golf courses. Before retiring there, expats should be aware of several important factors. Firstly, the cost of living in Bermuda is one of the highest in the world. This includes housing, groceries, utilities, and healthcare. Therefore, it's crucial to have a solid financial plan in place before making the move. Secondly, Bermuda has strict immigration laws. To retire there, you must apply for a Residential Certificate, which requires proof of self-sufficiency and good health. It's also worth noting that owning property in Bermuda does not automatically grant residency rights. Thirdly, Bermuda has a subtropical climate, with hot, humid summers and mild winters. It's also prone to hurricanes from June to November. Therefore, it's important to consider how comfortable you are with this type of weather and to prepare for potential natural disasters. Fourthly, Bermuda's healthcare system is of a high standard, but it can be expensive. Expats should ensure they have comprehensive health insurance that covers treatment in Bermuda. Lastly, while English is the official language, Bermudian English can be difficult to understand due to its unique accent and slang. It may take some time to get used to the local dialect. In conclusion, retiring in Tucker's Town, Bermuda can offer a luxurious lifestyle in a beautiful setting, but it's important to be prepared for the high cost of living, strict immigration laws, and potential weather-related challenges," explained one expat living in Tucker's Town, Bermuda.

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