Where should I setup a bank account in Crete?

"Before retiring in Crete, Greece, 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 the healthcare system in Greece is generally good, but it can be slow and bureaucratic, so private health insurance is recommended. Expats should also know that the primary language spoken in Crete is Greek, and while English is spoken in tourist areas and by younger generations, it can be beneficial to learn some basic Greek phrases. The climate in Crete is Mediterranean, with hot, dry summers and mild, rainy winters, which can be a significant change for those used to colder climates. Understanding the local culture and customs is also important. Greeks are known for their hospitality and social nature, so expats should be prepared for a vibrant social life. The pace of life in Crete is slower than in many other places, which can be a welcome change for retirees, but it can also lead to frustrations with the slower pace of services and bureaucracy. Expats should also be aware that while Crete is a popular tourist destination, it can be quite quiet and isolated in the off-season, which may not suit everyone. Finally, it's important to understand the legal and financial implications of retiring in Greece, including issues related to taxes, property ownership, and residency status. It's recommended to seek professional advice to navigate these complexities," said a member in crete, Greece.

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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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