Where should I setup a bank account in San Juan?

"Before retiring in San Juan, expats should know that the cost of living is generally lower than in many Western countries, but it can vary depending on lifestyle choices. The official language is Filipino, but English is widely spoken and understood, especially in urban areas. The climate is tropical, with a dry season from November to April and a rainy season from May to October. Healthcare in the Philippines is a mix of public and private providers. While the quality of care can be good, especially in private hospitals, it may not be up to the standards expats are used to in their home countries. It's recommended to have comprehensive health insurance that covers medical evacuation. The Philippines has a relatively high crime rate, although most crimes are non-violent. Expats should take precautions to protect themselves and their property. The traffic in San Juan, like many parts of the Philippines, can be heavy and chaotic, and driving can be a challenge. The country has a rich culture and history, and Filipinos are known for their hospitality and friendliness. However, it's important to respect local customs and traditions. The Philippines is a predominantly Catholic country, and religion plays a significant role in daily life. The process of obtaining a retirement visa in the Philippines can be complex and time-consuming. It's advisable to seek legal advice to ensure all requirements are met. Lastly, while the Philippines has a lot to offer, it's also a good idea to spend some time in the country before deciding to retire there, to see if it's a good fit for your lifestyle and expectations," said a member in San Juan, Philippines.

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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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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. 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.