El Salvador
Where should I setup a bank account in El Salvador?
We asked expats in El Salvador what banks they use and there advice about banking. They advised...
"Banco Agricola is a good bank, but has stringent limits for transferring of funds. You can find limits on their website. There are more branches throughout the country. Banco Cuscatlan is another good bank. Limits aren't as strict, but they do not currently have bank to bank transfers. Money can be wired, but you'd still have to complete the transaction in person. Branches are within major cities," remarked another expat in El Salvador.
"Before retiring in El Salvador, expats should be aware of the country's high crime rate and the need to take extra security precautions. It is also important to research the cost of living in El Salvador, as it is generally higher than in other Central American countries. Additionally, expats should be aware of the country's tropical climate and the need to take precautions against the heat and humidity. Finally, expats should research the availability of healthcare services in El Salvador, as the quality of care can vary greatly," said a member in El Salvador.
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Other Questions:
- What should I pack when moving to El Salvador?
- Where should I setup a bank account in El Salvador?
- Will I be able to find a job in El Salvador?
- What is life like in El Salvador?
- What do expats in El Salvador appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in El Salvador?
- Is there a lot of diversity? Are people in El Salvador accepting of differences?
- What are the schools in El Salvador like?
- What are healthcare services like in El Salvador?
- What are medical services in El Salvador like?
- Are healthcare and health insurance expensive in El Salvador?
- What are emergency services like in El Salvador?
- Will I need to travel to see a specialist?
- Are common prescription medications available in El Salvador?
- How are local medical facilities in El Salvador?
- As a foreigner living in El Salvador, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Where should I setup a bank account in El Salvador?
If you live in El Salvador, newcomers to El Salvador 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.
