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Akureyri, Iceland | Where should I setup a bank account in Akureyri? | Expat Exchange
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Where should I setup a bank account in Akureyri?

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

"Before retiring in Akureyri, expats should know that the cost of living is relatively high, with groceries, dining out, and housing being more expensive than in many other countries. They should also be aware that the climate is cold, with long, dark winters and short, cool summers. Expats should understand that the official language is Icelandic, although English is widely spoken. They should also be aware that the healthcare system in Iceland is of a high standard, but it is advisable to have comprehensive health insurance. It's important to know that Akureyri is a small city, so while it offers many amenities, it may not provide the same level of entertainment or cultural activities as a larger city. Expats should also be aware that Iceland is a very safe country with a low crime rate. However, it's always important to take standard precautions to protect oneself and one's property. Understanding the local customs and culture is also important. Icelanders value their traditions and nature, and they have a strong sense of community. Lastly, expats should know that the process of obtaining residency in Iceland can be complex and time-consuming, so it's advisable to seek legal advice or assistance from a relocation service," mentioned another expat when asked about moving to Akureyri, Iceland.

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Where should I setup a bank account in Akureyri?

If you live in Akureyri, newcomers to Akureyri 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

SJB Global
SJB Global

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