Where should I setup a bank account in Novigrad?
We asked expats in Novigrad what banks they use and there advice about banking. They advised...
"Novigrad, is a picturesque coastal town known for its rich history, stunning architecture, and warm, welcoming locals. Before retiring in Novigrad, expats should be aware of several key factors. Firstly, the cost of living in Novigrad is relatively low compared to many Western countries, making it an attractive option for retirees. However, it's important to have a clear understanding of your financial situation and ensure you have sufficient funds to cover your living expenses. Secondly, the official language is Croatian, so it would be beneficial to learn some basic phrases before moving. While many locals speak English, particularly in tourist areas, day-to-day life will be easier if you can communicate in the local language. Healthcare in Croatia is of a good standard, but it's advisable to secure comprehensive health insurance. While EU citizens can use their European Health Insurance Card (EHIC) for necessary treatments, non-EU citizens will need private health insurance. Croatia has a Mediterranean climate with hot summers and mild winters, which can be a significant change if you're used to a cooler climate. It's worth considering how well you adapt to different weather conditions before making your decision. Property prices in Novigrad are reasonable, and there are many beautiful homes available. However, the process of buying property in Croatia can be complex, so it's recommended to hire a local real estate agent or lawyer to help navigate the process. Croatia is part of the European Union, but it's not part of the Schengen Area. This means that visa requirements can be different depending on your nationality, so it's important to check the specific requirements for your situation. Finally, it's worth noting that Novigrad is a small town with a slower pace of life. While this can be a major draw for some people, if you're used to living in a bustling city, it might take some time to adjust," explained one expat living in Novigrad, Croatia.
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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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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
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- Why do people move to Novigrad?
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- What are medical services in Novigrad like?
Where should I setup a bank account in Novigrad?
If you live in Novigrad, newcomers to Novigrad would love to hear your answer to this question.