Where should I setup a bank account in Romania?
We asked expats in Romania what banks they use and there advice about banking. They advised...
"1. Expats should research the cost of living in Romania to ensure they can afford to retire there. 2. It is important to understand the local language, as English is not widely spoken in Romania. 3. Expats should familiarize themselves with the healthcare system in Romania, as well as the availability of medical insurance. 4. Expats should research the visa requirements for Romania, as well as any other necessary paperwork for retirement. 5. Expats should also research the local culture and customs to ensure they are prepared for life in Romania. 6. It is important to understand the tax system in Romania, as well as any other financial regulations that may apply to expats," mentioned another expat when asked about moving to Romania.
Other Questions:
- What do I need to know before retiring in Romania?
- How do I meet people in Romania?
- What is life like in Romania?
- Is there a lot of crime in Romania?
- Is there a lot of diversity? Are people in Romania accepting of differences?
- What are the schools in Romania like?
- Is the cost of living in Romania high?
- What advice do you have for expats having a baby in Romania?
- What are healthcare services like in Romania?
- Is the cost of living in Romania high?
- What type of recreational facilities are in Romania?
- What is the weather like in Romania?
- Are there good restaurants in Romania?
- Where will I buy groceries and do other shopping in Romania?
- What are the visa & residency requirements in Romania?
- Are healthcare and health insurance expensive in Romania?
- What do I need to know when buying property in Romania?
- Are foreigners allowed to own property in Romania?
- What appliances are typically included in a rental?
Where should I setup a bank account in Romania?
If you live in Romania, newcomers to Romania would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad 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.
