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Corfu, Greece | Where should I setup a bank account in Corfu? | Expat Exchange
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Where should I setup a bank account in Corfu?

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

"Before retiring in Corfu, expats should know that the cost of living is generally lower than in many Western countries, but it can vary depending on the lifestyle one chooses to lead. They should also be aware that Greece has a universal healthcare system, but many expats choose to have private health insurance for more comprehensive coverage. Expats should understand that while English is widely spoken in tourist areas, learning some Greek can be beneficial for day-to-day life and integrating into the local community. They should also be prepared for a slower pace of life, as Greeks value leisure and family time. It's important to know that Greece has a high tax rate, and expats should seek advice from a tax professional to understand their obligations. They should also be aware that the Greek economy has been unstable in recent years, which can affect the cost of living and availability of services. Expats should also know that Corfu has a Mediterranean climate with hot, dry summers and mild, wet winters. The island is known for its beautiful beaches, historic sites, and vibrant culture, offering plenty of activities for retirees. Lastly, expats should understand that buying property in Greece can be a complex process with many legal requirements, so it's advisable to hire a local lawyer and real estate agent. They should also be aware that while Corfu is a popular tourist destination, it can get crowded in the summer months," explained one expat living in Corfu, Greece.

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Where should I setup a bank account in Corfu?

If you live in Corfu, newcomers to Corfu would love to hear your answer to this question.


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