Mexico
Where should I setup a bank account in Mexico?
We asked expats in Mexico what banks they use and there advice about banking. They advised...
"Mexican banks offer no special services for expats as far as I know. They are not service oriented. For example, no one at my bank could tell me how to transfer money from my account in the States to my account in Mexico in a timely way at reasonable cost. They were not at all interested in doing any extra research on this topic," remarked another expat in Queretaro, Mexico.
"Expats should research the local culture and customs of their chosen region before retiring in Mexico in order to make their transition easier. It is important for expats to learn basic Spanish to facilitate communication with locals. It is also wise to research the best city in Mexico to retire in that aligns with the expat's lifestyle, budget and legal requirements. Expats should also obtain comprehensive medical coverage to ensure they have access to quality healthcare. It is important to ensure that all visa and residency documents are in order prior to making the move to Mexico. Finally, expats should be familiar with the cost of living in Mexico to plan their retirement budget accordingly," said a member in Mexico.
Welcome Home MexicoConnect
Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.
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Welcome Home MexicoWelcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.
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Other Questions:
- What do I need to know before moving to Mexico?
- How do I find a place to live in Mexico?
- What is a typical expat home or apartment like in Mexico?
- What is the average cost of housing in Mexico?
- Should I buy or rent a home in Mexico?
- What should I pack when moving to Mexico?
- What cultural faux pas should I try to avoid making in Mexico?
- Why do people move to Mexico?
- What are healthcare services like in Mexico?
- What are medical services in Mexico like?
- What are typical rents in Mexico?
- What appliances are typically included in a rental?
Where should I setup a bank account in Mexico?
If you live in Mexico, newcomers to Mexico 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.
