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Puerto Plata, Dominican Rep | Where should I setup a bank account in Puerto Plata? | Expat Exchange
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Where should I setup a bank account in Puerto Plata?

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

"Before retiring in Puerto Plata, Dominican Republic, expats should know that the cost of living is generally lower than in many Western countries, but it can vary depending on lifestyle. They should be aware that the official language is Spanish, so learning the language or having a basic understanding can be beneficial. Healthcare in Puerto Plata is affordable and of good quality, but it's advisable to have health insurance that covers medical treatment abroad. The city has a tropical climate with high temperatures and humidity throughout the year, which may take some time to adjust to. Expats should also know that the Dominican Republic has a different culture and customs, so it's important to respect and adapt to these differences. Safety can be a concern in certain areas, so it's recommended to stay in secure neighborhoods and take precautions when out at night. The Dominican Republic has a residency program for retirees with certain income, so it's worth looking into this if considering a long-term stay. Public transportation is available but can be unreliable, so many expats choose to drive or hire a driver. Finally, it's important to know that while Puerto Plata offers many amenities, it may not have all the comforts of home, so expats should be prepared to adapt and embrace a new way of life," mentioned another expat when asked about moving to Puerto Plata, the Dominican Republic.

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Where should I setup a bank account in Puerto Plata?

If you live in Puerto Plata, newcomers to Puerto Plata 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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