Menu

Search

Search

Banks and tax, need advice

anthemgems New member

Member since 26 January 2016

anthemgemsNew member02 February 2016 18:35:15

4

So, Last time we were there, one of the locals told us that there was a 12% grocery tax which pays for everyone's healthcare, and after you had lived there for a year, it included expats. Can you verify this?
Thanks again for you help. Also, which banks would you recommend?

Like

See also

Living in Honduras: the expat guide Opening a Bank Account in Honduras.Banking Options Bank account in Honduras Banking Finance - Any ideals or solutions to our problem??Transferring USD from US Bank to Banco Ficohsa

IslandEd1 Active member

Member since 09 August 2011

IslandEd1Active member03 February 2016 13:02:40

91

Hi,

The tax is a sales tax on food and beverages. I don't know what it covers specifically but I really doubt 100% goes to healthcare. I also have never heard that expats get the healthcare free. It is so inexpensive though that we never think to ask.

Like

3

Member since 01 June 2015

BhavnaTeam04 February 2016 04:30:52

42494

Hello everyone,

@ Anthemgems, Welcome on board. A new thread has been created from your post on the Honduras forum so that you may easily get some answers.

all the best
Bhavna

Like

anthemgems New member

Member since 26 January 2016

anthemgemsNew member09 February 2016 18:42:27

4

Ed, which bank do you use on the island?

Like

sasha8012 Active member

Member since 04 June 2013

sasha8012Active member09 February 2016 19:56:16

47

davivienda

Like

1

Jorge777 Active member

Member since 19 September 2012

Jorge777Active member09 February 2016 19:56:37

68

It is 15 per cent

Like

Bank accounts for expats

Discover the best international banks to manage your money securely.

N26

woodrowdunn Serial expat

Member since 29 July 2013

woodrowdunnSerial expat15 February 2016 12:54:38

253

There is a tax at supermarkets, but not small stores. Banco Atlántida or Banco de Occidente.

Like

Make your relocation easier with the Honduras expat guide

Choose the best health insurance

Protect your health and get easy access to treatment for expats in Honduras.

Plan your international move

Facilitate your move to Honduras by getting a quote from our top rated movers.

Open a bank account that suits you

Discover the best international banks to manage your money securely.

Personalized relocation assistance in Honduras

For your housing search and all administrative formalities.