Where should I setup a bank account in Zakynthos?

"Expats considering retirement in Zakynthos, should be aware of several key factors. Firstly, the cost of living is generally lower than in many Western countries, but it's important to budget carefully as prices can vary. Healthcare in Greece is of a good standard, but private health insurance is recommended for comprehensive coverage. The official language is Greek, and while English is widely spoken in tourist areas, learning some basic Greek phrases can be beneficial. The climate in Zakynthos is Mediterranean, with hot summers and mild winters, which can be a significant change for those from cooler climates. The island is known for its natural beauty, including beaches and marine life, providing plenty of outdoor activities. However, public transportation is limited, so owning a car can be beneficial for exploring the island and running errands. Greek culture is rich and vibrant, with a strong emphasis on family, food, and festivals. Expats should respect local customs and traditions. The pace of life is slower than in many Western countries, which can take some adjustment. The process of buying property in Greece is straightforward, but it's recommended to hire a lawyer to navigate the legalities. It's also important to understand the tax implications of retiring in Greece, as the country has a worldwide taxation policy. Finally, while Greece is generally safe, it's important to stay aware of the economic situation, as the country has faced financial instability in the past," said a member in Zakynthos, Greece.

SJB Global
Connect

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.

Click connect to have our partner contact you via e-mail and/or phone.

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. 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.
Connect

Click connect to have our partner contact you via e-mail and/or phone.