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Search: Posts Made By: Johnnyboy11
Showing results 1 to 25 of 882
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Forum: Middle East
Aug 20th 2023, 3:49 pm
Replies: 564
Views: 310,925
Posted By Johnnyboy11

Re: NEOM Potential Job

UK Residency status depends very much on your personal circumstances. For some, 30 days in a UK home would be enough to confirm UK Residency for the tax year (Second Automatic UK Test)...
Forum: Middle East
Aug 15th 2023, 4:13 pm
Replies: 3
Views: 632
Posted By Johnnyboy11

Re: Investment Platform for UK Stock Market as a non resident

Interactive Brokers: https://www.interactivebrokers.co.uk/en/home.php
It's a huge US stockbroker that operates worldwide. If you use a UK address then they will open your account in GBP in the UK....
Forum: Spain
May 27th 2023, 4:52 am
Replies: 29
Views: 1,813
Posted By Johnnyboy11

Re: Buy property in joint names?

Doesn't make sense to me either and I do hope the Natwest statement is wrong. I had planned to buy property in Spain, but this potential purchase tax, and Spanish Government disregard of property...
Forum: Spain
May 26th 2023, 1:15 pm
Replies: 29
Views: 1,813
Posted By Johnnyboy11

Re: Buy property in joint names?

From another link (Natwest): https://www.natwest.com/mortgages/news-and-articles/guide-to-stamp-duty-on-second-homes.html

"What if the property is overseas?

It doesn’t matter if the home you...
Forum: Spain
May 26th 2023, 6:19 am
Replies: 29
Views: 1,813
Posted By Johnnyboy11

Re: Buy property in joint names?

Another consideration would be UK Stamp Duty liability on a second property, which strangely also applies to overseas purchases, ouch!
There's a calcuator here:...
Forum: Middle East
May 22nd 2023, 3:12 am
Replies: 2
Views: 1,175
Posted By Johnnyboy11

Re: Age question - Saudi Arabia

Generally you get kicked out at age 60, but it is possible to get the Iqama after that age, particularly for certain professions (Engineers and the like). Speak with the prospective employer, it will...
Forum: Middle East
May 22nd 2023, 2:08 am
Replies: 1
Views: 865
Posted By Johnnyboy11

Re: Working for a Saudi Company remotely

From what you have posted: UK income tax definately, National Insurance possibly (depending on your employer). To be UK Income Tax and NI free, you need to become and remain UK Non-resident, see here...
Forum: Middle East
Jan 19th 2023, 2:32 am
Replies: 12
Views: 4,039
Posted By Johnnyboy11

Re: Banking in KSA

In a word, No.
You need the Iqama, and usually a salary letter from your Employer/Sponsor.
Forum: Middle East
Dec 21st 2022, 2:12 am
Replies: 30
Views: 5,433
Posted By Johnnyboy11

Re: **UK State Pension

It's worth checking the eligibility criteria for Class 2 NICs: "If you were living or working abroad
You can pay Class 2 or Class 3 voluntary contributions if you had either:
previously lived...
Forum: Middle East
Nov 11th 2022, 4:54 am
Replies: 12
Views: 4,039
Posted By Johnnyboy11

Re: Banking in KSA

SABB to Revolut in USD is the default route for western expats where I work. The bank might hold the first transfer until it contacts you by phone to ask if you are dealing in cryptocurrency, then it...
Forum: Middle East
Nov 8th 2022, 4:35 pm
Replies: 12
Views: 4,039
Posted By Johnnyboy11

Re: Banking in KSA

Transfer USD to Revolut, exchange for GBP then transfer to your Barclays account.
Tip: Make sure your Saudi bank uses the correct IBAN and BIC codes for your Revolut USD account, and send a small...
Forum: Middle East
Oct 23rd 2022, 7:18 am
Replies: 18
Views: 3,239
Posted By Johnnyboy11

Re: UK EXPAT - TAX ADVISOR

Technically yes, however it may be possible to split the UK tax year from the day you move abroad if you meet the Split Year criteria, which can be found here:...
Forum: Middle East
Oct 15th 2022, 12:02 pm
Replies: 18
Views: 3,239
Posted By Johnnyboy11

Re: UK EXPAT - TAX ADVISOR

Best get specialist, professional advice on how to become and remain UK non-resident for income tax purposes, which will vary depending on your personal circumstances and is more difficult than you...
Forum: Middle East
Aug 6th 2022, 10:24 am
Replies: 6
Views: 1,187
Posted By Johnnyboy11

Re: Business visa - Saudi

There's Amman (Jordan) which is a 2-hour flight from Jeddah. Or Istabul, which is a 4 hour flight from Jeddah, so probably better for a long weekend.
Forum: Middle East
Aug 5th 2022, 11:37 am
Replies: 6
Views: 1,187
Posted By Johnnyboy11

Re: Business visa - Saudi

I don't think there is a Business Visa any more. The choice is either a Visit Visa (which has "Not Allowed to Work" written on it) or a Work Visa (which will be for a specific company as stated in...
Forum: Middle East
Jul 21st 2022, 7:11 pm
Replies: 21
Views: 7,853
Posted By Johnnyboy11

Re: Sabb and Revolut do not like each other

Your problem is that the currency conversion to GBP is being done by SABB, at an incredibly poor rate of exchange. Typically SABB skim 2.5-3% off of you money transfer, in addition to any transaction...
Forum: Middle East
Jul 11th 2022, 6:34 pm
Replies: 1
Views: 767
Posted By Johnnyboy11

Re: Do I need to register a business for income from UK?

Your UK tax liability on worldwide income is determined by the Statutory Residence Test, which depends on your personal circiumstances. Best to get professional advice on how to become and remain UK...
Forum: Middle East
Jul 7th 2022, 12:17 pm
Replies: 21
Views: 7,853
Posted By Johnnyboy11

Re: Sabb and Revolut do not like each other

In Revolut, tap on your balance to select the currency account you want the details for, then tap on the three dots "...", then tap on "Account details" then tap on SWIFT.
Forum: Middle East
Jun 26th 2022, 2:41 pm
Replies: 7
Views: 2,223
Posted By Johnnyboy11

Re: Sending money abroad through SABB bank

The fees are insignificant compared with lousy exchange rate that SABB/HSBC offer. They typically skim 2.5-3% of the amount that you send, plus the fees which are typically around the $25 mark.
I've...
Forum: Middle East
Jun 4th 2022, 5:50 pm
Replies: 2,841
Views: 1,307,542
Posted By Johnnyboy11

Re: NEOM COMMUNITY UPDATE

Ties only come into play if firstly you don't pass one of the Automatic Overseas Tests and then secondly you dont trigger one of the Automatic UK Tests. There are a complex set of rules around the...
Forum: Middle East
Jun 3rd 2022, 10:25 am
Replies: 2,841
Views: 1,307,542
Posted By Johnnyboy11

Re: NEOM COMMUNITY UPDATE

It's 90 days, if you're working full-time overseas (3rd Automatic Overseas Test...
Forum: Middle East
May 12th 2022, 9:31 am
Replies: 3
Views: 1,634
Posted By Johnnyboy11

Re: construction project management or civil engineering

I didn't know what "Inside IR35" meant until I got a quote on a £400/day contract job in the UK. Basically you become a "No Rights Employee" and get paid £229/ day after deductions, plus you can't...
Forum: Middle East
May 10th 2022, 5:17 pm
Replies: 5
Views: 1,696
Posted By Johnnyboy11

Re: VPNs in KSA (2022) - Recommendation needed

ExpressVPN works well. Keep a copy of the installation file on a cloud drive somewhere, as you can't download it from the website once you are in KSA.
Forum: Middle East
May 9th 2022, 7:00 am
Replies: 7
Views: 1,433
Posted By Johnnyboy11

Re: WISE in KSA

Revolut isn't a UK licenced bank, so you don't get FSCS protection. I've also read online complaints about Revolut accounts beng unilaterally frozen due to money laundering concerns and it taking a...
Forum: Middle East
May 8th 2022, 1:51 pm
Replies: 7
Views: 1,433
Posted By Johnnyboy11

Re: WISE in KSA

Consider opening a Revolut GBP account with a USD currency account add-on. Transfer in USD, convert to GBP then send to your UK bank account. Fees/ XR hit will be less than half the cost of a direct...
Showing results 1 to 25 of 882
 
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