×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Naxos, Greece | Where should I setup a bank account in Naxos? | Expat Exchange
Expat Exchange
Free MembershipSign In

Where should I setup a bank account in Naxos?

Answer this Question

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

"Expats considering retirement in Naxos should be aware that the cost of living is generally lower than in many Western countries, but it's still important to have a solid financial plan in place. They should also know that while many locals speak English, learning some basic Greek can greatly enhance their experience and make daily life easier. Healthcare in Greece is of a good standard, but it's recommended to have comprehensive health insurance. Expats should also be aware that Naxos is a popular tourist destination, so it can get crowded during the peak summer months. The island has a Mediterranean climate with hot, dry summers and mild, wet winters, which can be a significant change for those used to colder climates. The local cuisine is based on fresh, local produce and seafood, and the island is known for its cheese, honey, and Kitron, a local citrus liqueur. Naxos has a slower pace of life, which can be a welcome change for those looking to retire, but it's important to be prepared for this cultural shift. The island is well-connected with regular ferries to other islands and the mainland, but public transportation on the island itself is limited, so having a car can be beneficial. Finally, it's important to understand the legal requirements for retiring in Greece, including visa and residency permit requirements. It's recommended to consult with a legal expert or relocation specialist to ensure all paperwork is correctly completed," remarked another expat who made the move to Naxos, Greece.

Other Questions:

Where should I setup a bank account in Naxos?

If you live in Naxos, newcomers to Naxos 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

GeoBlue
GeoBlue

Copyright 1997-2025 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides