Where should I setup a bank account in Nicaragua?
We asked expats in Nicaragua what banks they use and there advice about banking. They advised...
"Expat retirees should research the cost of living in Nicaragua to ensure that their budget is adequate for the lifestyle they plan to lead. Additionally, expats should familiarize themselves with Nicaraguan customs and laws, such as laws regarding residency, taxes, and health insurance. Expats should also research their transportation options in Nicaragua and consider their safety concerns, as Nicaragua often experiences civil unrest. Lastly, prior to retirement, expats should make sure they understand what they can expect in terms of the Nicaraguan healthcare facilities, banks and utilities services, and available leisure activities," said another expat in Nicaragua.
Other Questions:
- What do I need to know before moving to Nicaragua?
- How do I find a place to live in Nicaragua?
- What is a typical expat home or apartment like in Nicaragua?
- What is the average cost of housing in Nicaragua?
- Should I buy or rent a home in Nicaragua?
- What should I pack when moving to Nicaragua?
- What cultural faux pas should I try to avoid making in Nicaragua?
- Why do people move to Nicaragua?
- What are healthcare services like in Nicaragua?
- What are medical services in Nicaragua like?
- What are typical rents in Nicaragua?
- What appliances are typically included in a rental?
Where should I setup a bank account in Nicaragua?
If you live in Nicaragua, newcomers to Nicaragua 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.