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Karlovy Vary, Czech Rep | Where should I setup a bank account in Karlovy Vary? | Expat Exchange
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Where should I setup a bank account in Karlovy Vary?

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

"Karlovy Vary, also known as Carlsbad, is a popular retirement destination in the Czech Republic known for its thermal springs and grand architecture. Before retiring in Karlovy Vary, expats should be aware of several important factors. Firstly, the cost of living in Karlovy Vary is relatively low compared to other European cities, but it's still important to have a solid financial plan in place. The local currency is the Czech koruna, not the Euro, so it's important to understand the exchange rate. Secondly, while many locals speak English, especially in the tourism industry, it's beneficial to learn some basic Czech phrases to help with day-to-day life. The Czech Republic is a landlocked country, so if you're a fan of the sea, you might miss it. Healthcare in the Czech Republic is of a high standard, but it's important to secure health insurance. EU citizens can use their European Health Insurance Card (EHIC), but non-EU citizens will need to arrange private health insurance. The Czech Republic has a temperate continental climate, with warm summers and cold, snowy winters. Karlovy Vary, in particular, is known for its rainy weather, so be prepared for this. Public transportation in Karlovy Vary is reliable and affordable, with a network of buses and trains connecting the city to other parts of the country. However, owning a car can be beneficial for exploring the beautiful countryside. The Czech Republic is part of the Schengen Area, so visa requirements will depend on your nationality. It's important to check these before making any plans. Finally, the Czech Republic is known for its beer, so if you're a fan, you'll be in heaven. However, it's also worth noting that the country has strict drink-driving laws, with zero tolerance for alcohol in the system while driving," commented one expat who made the move to Karlovy Vary, Czechia.

Urban Address PragueUrban Address Prague
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Urban Address Prague is a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic. We don't just find you the perfect apartment, we build your Prague dream. And what's more - we can arrange everything remotely, stress-free. We are your partner to help you make Prague your new home.

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Urban Address PragueUrban Address Prague

Urban Address Prague is a bespoke boutique one-stop-shop solution for your property needs in Prague and the Czech Republic. We don't just find you the perfect apartment, we build your Prague dream. And what's more - we can arrange everything remotely, stress-free. We are your partner to help you make Prague your new home.
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Click connect to have our partner contact you via e-mail and/or phone.

Other Questions:

Where should I setup a bank account in Karlovy Vary?

If you live in Karlovy Vary, newcomers to Karlovy Vary 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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William Russell
William Russell

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