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Estoril, Portugal | Where should I setup a bank account in Estoril? | Expat Exchange
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Where should I setup a bank account in Estoril?

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

"Estoril is a popular retirement destination for expats due to its warm climate, beautiful beaches, and affordable cost of living. Before retiring in Estoril, it's important to understand the local culture, language, and customs. Portuguese is the official language, so learning some basic phrases can be beneficial. The cost of living in Estoril is relatively low compared to other European countries, but it's still important to budget and plan for expenses. Healthcare in Portugal is of a high standard and affordable, but it's recommended to have a comprehensive health insurance plan. The process of obtaining a residence permit in Portugal can be complex, so it's advisable to seek legal advice. Portugal has a non-habitual resident tax regime which can be beneficial for retirees, but it's important to understand the tax implications before moving. Estoril has a Mediterranean climate with hot summers and mild winters, so it's important to prepare for this type of weather. The town is known for its safety and low crime rate, but like any place, it's important to take basic safety precautions. Public transportation in Estoril is reliable and affordable, making it easy to explore the town and surrounding areas. The food in Portugal is fresh and delicious, with a focus on seafood, so it's a great place for food lovers. Estoril has a slower pace of life, which can be a big change for those used to a fast-paced city lifestyle. It's important to embrace the local lifestyle and take time to enjoy the beautiful surroundings. Finally, it's important to remember that moving to a new country can be challenging, but it can also be an exciting new adventure. It's important to stay open-minded, patient, and flexible during the transition," said another expat in Estoril, Portugal.

Other Questions:

Where should I setup a bank account in Estoril?

If you live in Estoril, newcomers to Estoril 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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