Where should I setup a bank account in Monaco?
We asked expats in Monaco what banks they use and there advice about banking. They advised...
"Monaco is an attractive destination for retirees due to its low taxes, warm climate, and high quality of life. However, expats should be aware that the cost of living in Monaco is very high, and that the country has strict residency requirements. Expats should also be aware that Monaco is a very small country, and that there are limited housing options available. Additionally, expats should research the healthcare system in Monaco, as it is not part of the European Union and does not have a reciprocal healthcare agreement with other countries. Finally, expats should be aware that Monaco is a very safe country, but that it is also very expensive," commented one expat who made the move to Monaco.
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Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
Expats interested in International Health Insurance should take a minute to get a quote from our trusted expat health insurance partner, CIGNA.
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Other Questions:
- What should I pack when moving to Monaco?
- Where should I setup a bank account in Monaco?
- Will I be able to find a job in Monaco?
- What is life like in Monaco?
- What do expats in Monaco appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Monaco?
- Is there a lot of diversity? Are people in Monaco accepting of differences?
- What are the schools in Monaco like?
- What are healthcare services like in Monaco?
- What are medical services in Monaco like?
- Are healthcare and health insurance expensive in Monaco?
- What are emergency services like in Monaco?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Monaco?
- How are local medical facilities in Monaco?
- As a foreigner living in Monaco, 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 Monaco?
If you live in Monaco, newcomers to Monaco would love to hear your answer to this question.