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

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

"Before retiring in Fairylands, 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. Healthcare in Bermuda is of a high standard, but it is also expensive, so expats should ensure they have comprehensive health insurance. The island has a subtropical climate, with hot and humid summers and mild winters, which may take some adjustment for those used to cooler climates. Bermuda is a British Overseas Territory, so English is the official language, and the culture is a blend of British, American, and Caribbean influences. The island is known for its friendly and welcoming locals, but it can take time to integrate into the community. Bermuda has a low crime rate, but like any place, it is not entirely free of crime, so expats should take the usual precautions to ensure their safety. The island is also prone to hurricanes, so expats should be prepared for potential disruptions and damages during hurricane season. Public transportation in Bermuda is reliable, but owning a car can be expensive due to high import duties. The island has a strong economy, primarily driven by the insurance and reinsurance sectors, but job opportunities for expats can be limited. Lastly, Bermuda offers a high quality of life with beautiful beaches, golf courses, and other outdoor activities, making it an attractive retirement destination. However, it's essential to visit the island first to see if the lifestyle suits you before making a long-term commitment," remarked another expat who made the move to Fairylands, Bermuda.

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Where should I setup a bank account in Fairylands?

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


William Russell
William Russell

Get a quote for international health insurance from our partner, William Russell.
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William RussellWilliam Russell

Get a quote for international health insurance from our partner, William Russell.
Get Quote

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