Banks and tax, need advice

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anthemgems New member

Member since 26 January 2016

anthemgemsNew member02 February 2016 18:35:15

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?

IslandEd1 Active member

Member since 09 August 2011

IslandEd1Active member03 February 2016 13:02:40

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.

Bhavna Team

Member since 01 June 2015

BhavnaTeam04 February 2016 04:30:52

40483

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

anthemgems New member

Member since 26 January 2016

anthemgemsNew member09 February 2016 18:42:27

Ed, which bank do you use on the island?

sasha8012 Active member

Member since 04 June 2013

sasha8012Active member09 February 2016 19:56:16

davivienda

Jorge777 Active member

Member since 19 September 2012

Jorge777Active member09 February 2016 19:56:37

It is 15 per cent

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 Atl谩ntida or Banco de Occidente.

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