×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Tortola, Brit. Virgin Isl. | Where should I setup a bank account in Tortola? | Expat Exchange
Expat Exchange
Free MembershipSign In

Where should I setup a bank account in Tortola?

Answer this Question

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

"Before retiring in Tortola, British Virgin Islands, expats should know that the cost of living is relatively high, with imported goods and groceries being particularly expensive. They should also be aware that the healthcare system, while adequate, may not offer the same level of care as in their home country, and medical evacuation insurance is recommended. Expats should understand that the official language is English, but the local dialect can sometimes be difficult to understand. They should also be prepared for a slower pace of life, as the island operates on 'island time'. It's important to know that the climate is tropical, with hurricane season running from June to November. Expats should also be aware that while Tortola is generally safe, petty crime can be an issue, so it's important to take standard precautions. Expats should understand that they will need a residency permit to live in Tortola, and these are not always easy to obtain. They should also be aware that the island's infrastructure can be lacking, with power outages and water shortages not uncommon. Finally, expats should know that while Tortola offers beautiful beaches and a relaxed lifestyle, it can also be quite isolated, with limited entertainment and shopping options," remarked another expat who made the move to Tortola, the British Virgin Islands.

Other Questions:

Where should I setup a bank account in Tortola?

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


GeoBlue
GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlueGeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Contribute to Brit. Virgin Isl. Network Contribute
Help others in Brit. Virgin Isl. by answering questions about the challenges and adventures of living in Brit. Virgin Isl..

GeoBlue
GeoBlue

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides