Where should I setup a bank account in Mongolia?
We asked expats in Mongolia what banks they use and there advice about banking. They advised...
"Expats considering retiring in Mongolia should be aware that the country has a harsh climate, with temperatures ranging from -40°C in the winter to +40°C in the summer. It is important to be prepared for the cold weather and to have the necessary clothing and supplies. Expats should also be aware that Mongolia is a cash-based society, and it is important to have access to cash when needed. Additionally, expats should research the healthcare system in Mongolia and make sure they have access to quality medical care. Finally, expats should be aware of the language barrier and consider taking language classes to help them communicate with locals," remarked another expat in Mongolia.
Other Questions:
- What do I need to know before retiring in Mongolia?
- How do I meet people in Mongolia?
- What is life like in Mongolia?
- Is there a lot of crime in Mongolia?
- Is there a lot of diversity? Are people in Mongolia accepting of differences?
- What are the schools in Mongolia like?
- Is the cost of living in Mongolia high?
- What advice do you have for expats having a baby in Mongolia?
- What are healthcare services like in Mongolia?
- Is the cost of living in Mongolia high?
- What type of recreational facilities are in Mongolia?
- What is the weather like in Mongolia?
- Are there good restaurants in Mongolia?
- Where will I buy groceries and do other shopping in Mongolia?
- What are the visa & residency requirements in Mongolia?
- Are healthcare and health insurance expensive in Mongolia?
- What do I need to know when buying property in Mongolia?
- Are foreigners allowed to own property in Mongolia?
- What appliances are typically included in a rental?
Where should I setup a bank account in Mongolia?
If you live in Mongolia, newcomers to Mongolia would love to hear your answer to this question.
