7 money moves for living abroad

Whether it's a sense of adventure or a job opportunity that tempts you to move to another country, you'll need to get your financial house in order. Here's how to get established.

By Bankrate.com

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VIDEO ON MSN MONEY

1Comment
Nov 22, 2013 8:33PM
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Unless you are moving to a first world country, forget about opening an account at a national bank.  There is no deposit insurance and many of these banks fail.   You will lose ever cent you have in an account.  Also, in most third world countries people and businesses will only accept cash, credit card or debit card.   No checks.   Pay  your U.S. bills by way of on line banking.   Use your debit card to withdraw the money you need at the moment.   Paying bills likely you will need to pay in cash.   Make sure to check out the cost of living carefully and check everything.    If you are on medicare, it will not work in another country.   If you are in a first world country,check for local insurance.  
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