Beijing, China
Where should I setup a bank account in Beijing?
We asked expats in Beijing what banks they use and there advice about banking. They advised...
"Expats considering retiring in Beijing should be prepared for the city's high cost of living, especially for rent and food. It is important to research housing options and learn about the local markets to understand the best places to purchase quality food. Beijing has a harsh climate with long, cold winters, so those retiring should consider investing in quality insulation and heating to stay comfortable. With a population of over 21 million people, Beijing is a densely-populated city and one should research the various neighborhoods available to determine the best location to live. Additionally, it is important to take into account the city's air quality, which can be quite poor; be prepared to buy air masks if needed. Retirement in Beijing also requires a visa, so it is important to start the visa process early, exploring the requirements and paperwork needed. Taking the time to research and prepare for Beijing can ensure a smooth transition when relocating," explained one expat living in Beijing, China, China.
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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. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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SJB GlobalSJB-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. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
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Where should I setup a bank account in Beijing?
If you live in Beijing, newcomers to Beijing would love to hear your answer to this question.
