Where should I setup a bank account in Uruguay?
We asked expats in Uruguay what banks they use and there advice about banking. They advised...
"Before retiring in Uruguay, expats should familiarize themselves with the local language, Spanish, as it is the official language of the country. Additionally, expats should research the cost of living in Uruguay, as it is generally higher than in other Latin American countries. It is also important to understand the Uruguayan healthcare system, as expats may need to purchase private health insurance. Furthermore, expats should research the visa requirements for Uruguay, as they may need to apply for a residency visa in order to stay in the country for an extended period of time. Finally, expats should consider the cultural differences between their home country and Uruguay, as this will help them to adjust to their new life in the country," explained one expat living in Uruguay.
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Other Questions:
- What do I need to know before retiring in Uruguay?
- How do I meet people in Uruguay?
- What is life like in Uruguay?
- Is there a lot of crime in Uruguay?
- Is there a lot of diversity? Are people in Uruguay accepting of differences?
- What are the schools in Uruguay like?
- Is the cost of living in Uruguay high?
- What advice do you have for expats having a baby in Uruguay?
- What are healthcare services like in Uruguay?
- Is the cost of living in Uruguay high?
- What type of recreational facilities are in Uruguay?
- What is the weather like in Uruguay?
- Are there good restaurants in Uruguay?
- Where will I buy groceries and do other shopping in Uruguay?
- What are the visa & residency requirements in Uruguay?
- Are healthcare and health insurance expensive in Uruguay?
- What do I need to know when buying property in Uruguay?
- Are foreigners allowed to own property in Uruguay?
- What appliances are typically included in a rental?
Where should I setup a bank account in Uruguay?
If you live in Uruguay, newcomers to Uruguay would love to hear your answer to this question.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
