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Posts Tagged ‘saving plans in dubai’

saving-money-as-an-expatAside from the lure of sunnier climes many individuals are drawn to live and work in other countries for increased pay, better benefits, even lower tax, and in some cases no tax at all.

Becoming an expatriate can carry with it many financial benefits and the notion that one could come back to their home country not only more tanned, but somewhat richer too.

And so…. the plan is hatched! The usual time scale considered is 5 years and many expats will spend time conjuring up their 5 year plan master plan. A plan of accumulating as much wealth as possible before moving back to their country of domicile or moving to another location.

But how many expats actually stick to this 5-year plan?

Is it really possible to make a significant injection to your overall net worth in this period of time and what is the best way of going about it?

The sad truth is that thousands of expats have dreams of making big pots of cash, only to end up totally broke with hardly any savings, after years spent living the high life.  So how do you make sure you don’t return broke and how do you make your plan as effective as possible? Read more

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