Where should I setup a bank account in Tauranga?
We asked expats in Tauranga what banks they use and there advice about banking. They advised...
"Before retiring in Tauranga, expats should know that the cost of living can be high, especially when it comes to housing and groceries. They should also be aware that healthcare in New Zealand is of a high standard, but private health insurance is recommended for more comprehensive coverage. Expats should understand that Tauranga has a temperate climate with warm, humid summers and mild, wet winters. They should also be aware that the city is known for its beautiful beaches and outdoor activities, so a love for nature and outdoor pursuits would be beneficial. It's important to know that New Zealand has strict biosecurity laws to protect its unique flora and fauna, so there are restrictions on what can be brought into the country. Expats should also be aware that the primary language spoken in Tauranga is English, but the indigenous Maori culture is also very prominent. Understanding the tax system is crucial as New Zealand has a progressive tax system, and residents are taxed on their worldwide income. Finally, expats should know that while Tauranga is a popular retirement destination due to its relaxed lifestyle and stunning natural beauty, it's also one of the fastest-growing cities in New Zealand, which can lead to issues with traffic and infrastructure," said a member in Tauranga, New Zealand.
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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.
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Click connect to have our partner contact you via e-mail and/or phone.
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Where should I setup a bank account in Tauranga?
If you live in Tauranga, newcomers to Tauranga would love to hear your answer to this question.