by guest blogger TicoNuevo
Back home, before I tackled the financial flowchart, we were dealing with a number of banks, and credit card and financial institutions; some of whom we felt either we would not need, whose fees would be too expensive to use when moving to Costa Rica or would not be easy to access via the Internet from down here. We planned to dump most of them and simplify. That, as it turns out, would have been a big mistake. Do your due diligence investigation.
We discovered that our requirements would be different than we imagined and our costs would also be different. We wound up rearranging our financial institution portfolio prioritized on perceived need, transaction costs and international accessibility before moving to Costa Rica.