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Dumaguete , Philippines | Where should I setup a bank account in Dumaguete? | Expat Exchange
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Where should I setup a bank account in Dumaguete?

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

"Expats considering retirement in Dumaguete, Philippines should be aware of several key factors. Firstly, the cost of living in Dumaguete is relatively low compared to many Western countries, making it an attractive option for retirees. However, healthcare facilities may not be as advanced or readily available as in some other countries, so it's important to have a good health insurance plan. The official language is Filipino, but English is widely spoken, especially in business and education sectors. The climate is tropical, with a rainy season from June to November and a dry season from December to May. Dumaguete is known for its friendly locals and vibrant expat community, making it easier for foreigners to settle in. The city also boasts a rich cultural heritage and natural beauty, with plenty of opportunities for outdoor activities. In terms of legalities, foreigners can't own land in the Philippines, but they can own condominium units or townhouses. To retire in the Philippines, you need to apply for a Special Resident Retiree's Visa (SRRV). Lastly, it's important to note that while Dumaguete is generally safe, like any other place, it's advisable to take standard precautions to protect yourself and your property," remarked another expat in Dumaguete , Philippines.

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Where should I setup a bank account in Dumaguete?

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


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