UAE Banking or Offshore??
Hi all,
Can anyone advise me whether to bank in UAE or to go off shore? I will have wages paid into UAE bank but have commitments in UK too so will need to transfer money monhtly. What other outgoings can I expect in UAE apart from living expenses, when Accommodation is covered by employer? Thanks all, Cheers :) |
Re: UAE Banking or Offshore??
Originally Posted by Radar35
Hi all,
Can anyone advise me whether to bank in UAE or to go off shore? I will have wages paid into UAE bank but have commitments in UK too so will need to transfer money monhtly. What other outgoings can I expect in UAE apart from living expenses, when Accommodation is covered by employer? Thanks all, Cheers :) Its actually cheaper to have the money paid to the UK and transfer it back - but that buggers you if u want the clout for a mortgage as the bank here won't see ur full wages. Wouldn't bother with offshore - theres no extradition treaty with UAE so the UK tax man shouldn't be able to get at anything. Cots of living: Municipality tax - 5% of yr rent Water and electric can be horrific in the summer - Face can help u there - apartments with AC supplied and no garden are the cheapest. Alcohol - not cheap and if u like a few they'll cost u. Local phone is free by landline and mobile isn't too bad. Sat TV will set u back 20-50 quid a month and if u want internet broadband will cost 40 quid a month. Medical insurance is a must - if your employers don't provide this it will cost a pretty packet Schooling - up to 50K AED a year!! if u have kids that is Cars and petrol are cheap. Clothes r a bit upon the UK - not alot though and if u are strapped everything in karama is cheap - ask JC Cheers TS |
Re: UAE Banking or Offshore??
Originally Posted by Truth Speak
Clothes r a bit upon the UK - not alot though and if u are strapped everything in karama is cheap - ask JC
Cheers TS Meeeeow!!! :D |
Re: UAE Banking or Offshore??
Originally Posted by Jammy_Dodgers
Meeeeow!!! :D
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Re: UAE Banking or Offshore??
Originally Posted by Truth Speak
LOL - no - JC took Kristy handbag shopping - they are almost real - would pass muster with most!!
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Re: UAE Banking or Offshore??
Originally Posted by Jammy_Dodgers
Cool, I could do with some more Louis Vitton !!!!!
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Re: UAE Banking or Offshore??
Originally Posted by Truth Speak
Kristy could probably lend u one!!
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Re: UAE Banking or Offshore??
Originally Posted by kristy
Get your own! I'm very attached to my handbags. :)
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