I would vote for Abu Dhabi over Dubai. It's more green and I would say has a bit more culture about it. I lived there for 18 months, and saved up enough money to pay off my student loan and my wedding. It also gave me a good acceleration in my salary when I returned to the UK (I work in the O&G sector, or Energy sector as people call it …
I would vote for Abu Dhabi over Dubai. It's more green and I would say has a bit more culture about it. I lived there for 18 months, and saved up enough money to pay off my student loan and my wedding. It also gave me a good acceleration in my salary when I returned to the UK (I work in the O&G sector, or Energy sector as people call it these days (less dirty)).
I'd have stayed there for longer had I not met my now wife 3 months before I was due to move out there.
Yes, I agree entirely. One thing for people to be aware of is ensuring they are classed as non-resident in the UK. I remember having lengthy discussions with my tax advisor about this. It was over 10 yrs ago now but they were saying that there have been some high-profile cases where people lived in a tax haven but the HMRC still considered them as resident in the UK for tax purposes. There are limits on the number of days you're allowed to spend in the UK and also they look at behaviours. So, say, a partner in a marriage moved to a tax haven for a couple of years but their partner and children remained in the UK, the HMRC may take the view that the partner in the tax haven is still considered as resident in the UK for tax purposes.
I would vote for Abu Dhabi over Dubai. It's more green and I would say has a bit more culture about it. I lived there for 18 months, and saved up enough money to pay off my student loan and my wedding. It also gave me a good acceleration in my salary when I returned to the UK (I work in the O&G sector, or Energy sector as people call it these days (less dirty)).
I'd have stayed there for longer had I not met my now wife 3 months before I was due to move out there.
Maybe I should have said UAE. The underlying point is the same though - how quickly you can save up when not being taxed. Thanks James
Yes, I agree entirely. One thing for people to be aware of is ensuring they are classed as non-resident in the UK. I remember having lengthy discussions with my tax advisor about this. It was over 10 yrs ago now but they were saying that there have been some high-profile cases where people lived in a tax haven but the HMRC still considered them as resident in the UK for tax purposes. There are limits on the number of days you're allowed to spend in the UK and also they look at behaviours. So, say, a partner in a marriage moved to a tax haven for a couple of years but their partner and children remained in the UK, the HMRC may take the view that the partner in the tax haven is still considered as resident in the UK for tax purposes.
Yes, indeed. Gets harder as you get older