Where should I setup a bank account in Iceland?
We asked expats in Iceland what banks they use and there advice about banking. They advised...
"Before retiring in Iceland, expats should be aware of the cost of living, which is higher than in many other countries. They should also be aware of the weather, which can be cold and unpredictable. Additionally, expats should research the healthcare system and the availability of medical services. It is also important to research the local culture and customs, as well as the language, to ensure a smooth transition. Finally, expats should be aware of the visa and residency requirements for living in Iceland," remarked another expat in Iceland.
Other Questions:
- What should I pack when moving to Iceland?
- Where should I setup a bank account in Iceland?
- Will I be able to find a job in Iceland?
- What is life like in Iceland?
- What do expats in Iceland appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Iceland?
- Is there a lot of diversity? Are people in Iceland accepting of differences?
- What are the schools in Iceland like?
- What are healthcare services like in Iceland?
- What are medical services in Iceland like?
- Are healthcare and health insurance expensive in Iceland?
- What are emergency services like in Iceland?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Iceland?
- How are local medical facilities in Iceland?
- As a foreigner living in Iceland, 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 Iceland?
If you live in Iceland, newcomers to Iceland 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.
