You may or may not need a local bank. Sometimes you’ll need one to prove your financial wherewithal for your visa. In that case, you’ll want one that’s fiscally secure and, perhaps, one that is qualified to accept direct deposits of your Social Security benefits. And if you decide to run on ATM withdrawals from your bank at home, you’ll want to choose a bank that reverses foreign ATM fees.
There are lots of little common sense strategies like these that I could share. But in the interest of brevity, I’ll say once again: There is no such thing as too much research. Get as much information as you can and be as prepared as you can be. And, very importantly, relax and have fun.
Commentary by Suzan Haskins, a writer for InternationalLiving.com. Haskins has lived in eight cities in four countries. She currently lives in Mexico.
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