Frankfurt is the fifth-largest city in Germany. It is rated as an ‘alpha world city’ according to the Globalization and World Cities Research Network. Frankfurt is a global hub for commerce, education, culture, tourism, and transportation. The city is also one of the major financial centers of the European continent. Moving to Frankfurt is advantageous for both expat students and workers.
The Bavarian capital, Munich, is world-famous for the Oktoberfest, a beer celebration attended by over 6 million people every year. Besides being a tourist attraction, the city is also a center growing in appeal for its art culture, technology, and business opportunities.
Managing your finances wisely while you move around the world comes with a lot of responsibilities and issues.
As an expatriate, your financial position is often complicated, and you will have to make multiple financial decisions in terms of which bank to open an account with, whether to become a non-resident for tax purposes, where to move your investment account, how to access insurance for best healthcare facilities and more.