Where should I setup a bank account in Siargao?
We asked expats in Siargao what banks they use and there advice about banking. They advised...
"Expats considering retirement in Siargao should be aware of several key factors. Firstly, the cost of living is relatively low compared to Western countries, but it's important to have a reliable source of income to cover expenses. Healthcare facilities on the island are basic, so it's advisable to have a good health insurance plan that covers medical evacuation in case of serious illness or injury. The official language is Filipino, but English is widely spoken, especially in tourist areas. The climate is tropical, with a rainy season from November to January and a dry season from March to October. Siargao is known for its surfing, so it's a great place for active retirees. However, it's also a remote island, which means that certain amenities and services common in larger cities may not be available. The Philippines has a retirement visa program that allows foreigners to live in the country indefinitely, but there are certain financial requirements to meet. It's also important to note that foreign retirees cannot own land in the Philippines, but they can own condominium units or townhouses. The local culture is friendly and welcoming, but it's important to respect local customs and traditions. Finally, while Siargao is generally safe, it's advisable to take standard precautions to protect against petty crime," wrote a member who made the move to Siargao, Philippines.
Get Quote
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'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.
Get Quote
Other Questions:
- What should I pack when moving to Siargao?
- Where should I setup a bank account in Siargao?
- Will I be able to find a job in Siargao?
- What is life like in Siargao?
- What do expats in Siargao appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Siargao?
- Is there a lot of diversity? Are people in Siargao accepting of differences?
- What are the schools in Siargao like?
- What are healthcare services like in Siargao?
- What are medical services in Siargao like?
- Are healthcare and health insurance expensive in Siargao?
- What are emergency services like in Siargao?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Siargao?
- How are local medical facilities in Siargao?
- As a foreigner living in Siargao, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Where should I setup a bank account in Siargao?
If you live in Siargao, newcomers to Siargao would love to hear your answer to this question.