Whether you have been living in Dubai for a while or you are just about to make the transition to this fabulous hub of expat life, looking after your money is essential. Thousands of people are lured to Dubai for the bright lights, great shopping and fantastic career and investment opportunities, but whatever the reason for your big move to UAE, there are some things to bear in mind when dealing with currency. Read this quick guide so that you can ensure you avoid the most common currency ripoffs and make your money go further.
Find An Money Transfer Specialist And Stick With Them
At some point during your move to Dubai you will need to make a money transfer. This could involve transferring savings from your offshore account to your new Dubai account or it could be that you need to lay down a deposit on accommodation in the city. Read more
The numerous local and international banks offer all the usual banking services with some offering offshore banking. There are no government restrictions on the international transfer of funds into or out of the country. (more…)
UK Budget July 2015 – The main points for expats
to £11,000 from April 2016. The plan had been to increase it to £10,800 in 2016 and £11,000 in 2017-18. The Government has pledged to increase it to £12,500 by 2020.
Whether you have been living in Dubai for a while or you are just about to make the transition to this fabulous hub of expat life, looking after your money is essential. Thousands of people are lured to Dubai for the bright lights, great shopping and fantastic career and investment opportunities, but whatever the reason for your big move to UAE, there are some things to bear in mind when dealing with currency. Read this quick guide so that you can ensure you avoid the most common currency ripoffs and make your money go further.
