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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…)

plane_sunsetGoing home. Back to family, friends and all those little things you missed while you’ve been away. It’s an exciting time. But there are a lot of things you need to organise – including your finances.

To help you move back home, and make the most of the opportunities available to you, we’ve listed some of the main things you should think about below – and explained how we can help. We’ve also provided a range of tools, videos and articles to help you find out more about repatriation – and how it affects you.

  • Moving back home can affect your tax situation, your savings and your investments – so you should talk to a financial expert.
  • Your retirement planning and pension arrangements could be affected too, so you’ll need to think about whether you want to continue paying into these – or make new arrangements back home.
  • If you closed your bank account in your home country, you may no longer have a credit history – so it may be worth keeping an offshore account open until you arrange a new account back home.
  • If you’ve been earning in a different currency from your home currency, and you’re planning to repatriate some or all of your wealth, you may not be aware of the foreign exchange solutions available to you. Read more

There is certainly no set rule that says that you must tip in Dubai however the general consensus amongst expats seems to be a resounding you should indeed tip. Perhaps the happy residue of stringent tipping stipulations in many of our home countries. The expat voice of reason however is slightly more muffled when one posses the questions; how much should you tip, when and which services (if any) are excluded from our strongly held belief in tipping. So what on earth shall dictate our social and financial decorum in the absence of hard and fast rules to follow? Answer, majority rules, empathy and common sense of course. The team at Expat Echo Dubai summarizes… Read more

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