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Qingdao, China | Where should I setup a bank account in Qingdao? | Expat Exchange
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Where should I setup a bank account in Qingdao?

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

"Expats who are considering retiring in Qingdao should be aware that health insurance is mandatory and they will need to apply for it at the local government office. Additionally, expats should ensure that their visa is updated every year and should apply for residence permits in order to be able to stay in Qingdao for longer than six months. English is not widely spoken in Qingdao, so expats should familiarize themselves with the local language, Mandarin Chinese. Finally, expats should factor in the cost of living in Qingdao, as prices are higher than the national average," said another expat in Qingdao, China, China.

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Where should I setup a bank account in Qingdao?

If you live in Qingdao, newcomers to Qingdao 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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