Montego Bay, Jamaica

Where should I setup a bank account in Jamaica?

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We asked expats in Jamaica what banks they use and there advice about banking. They advised...

"I chose the Jamaican National Builders Society and opened a savings account where I can transfer money from the States over the phone or internet. I have a debit card and the savings account gives me access to homes for sale and loans processed through the Builders Society," commented one expat who made the move to Negril, Jamaica.

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With over 2 million bookable vacation rentals, Vrbo connects homeowners with families and vacationers looking for something more than a hotel for their trip. The Vrbo community offers families an array of rental property types such as condos, cabins, lake rentals, beach houses, and more. Discover properties in destinations that everyone dreams of visiting.

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With over 2 million bookable vacation rentals, Vrbo connects homeowners with families and vacationers looking for something more than a hotel for their trip. The Vrbo community offers families an array of rental property types such as condos, cabins, lake rentals, beach houses, and more. Discover properties in destinations that everyone dreams of visiting.
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"It is advisable for expats to research the type of visa they will require in order to retire in Jamaica. The process to obtain a visa is through the Ministry of Labour and Social Security, and involves submitting evidence of financial stability and health insurance. It is also important to note that Jamaican currency is different from the US Dollar, so it is a good idea to open a local account to accommodate daily transactions. Furthermore, it is important to research the costs associated with living in Jamaica, such as accommodation, food, entertainment and healthcare. Expats should also consider the local climate, culture, and transportation options in order to make an informed decision about retiring in Jamaica," remarked another expat in Jamaica.

Other Questions:

Where should I setup a bank account in Jamaica?

If you live in Jamaica, newcomers to Jamaica would love to hear your answer to this question.

If your answer relates to a specific city or town in Jamaica, please include the name of the city/town below:


About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of InternationalTravel.ai and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and InternationalTravel.ai, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

VRBO Vacation Rentals
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With over 2 million bookable vacation rentals, Vrbo connects homeowners with families and vacationers looking for something more than a hotel for their trip.
Learn More

VRBO Vacation RentalsVRBO Vacation Rentals

With over 2 million bookable vacation rentals, Vrbo connects homeowners with families and vacationers looking for something more than a hotel for their trip.
Learn More

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