Tips for surviving the UAE as an expat
The Dubai Expat lifestyle has many advantages: A better standard of living for you and your family, higher income potential, including a tax free salary in many cases, the advantages of living in a culture different from that of your own.
Life in the Middle East is different from the rest of the western world, and it’s important that your wealth management in Dubai is handled by a company that is highly experienced in this region.
One such proven specialist is the highly regarded independent financial consultancy firm based in Dubai, deVere Acuma, as part of deVere Group the world's leading independent financial consultancy group, with more than $10 billion of funds under advice and administration, and over 80,000 clients around the world. At deVere Acuma you will find specialised financial advisers that are there to help guide you to better your finances.
There are many different aspects of personal finance that might apply to you and your family. Everyone’s requirements will differ and depend on personal circumstances.
Asset and Wealth Management
When it comes to asset and wealth management in Dubai, this is a highly personal area. Acuma’s expertise in dealing with clients at all financial levels means that you can rest assured that both traditional and alternative investments across all major asset classes will be available to you.
For those with a high-net wealth, individual management solutions will be offered, discussed and put in place to your best advantage. No matter what your personal circumstances, the most important aspect is to ensure that your medium and long-term strategies, goals and targets are ideally catered for, allowing you to have a guarantee of financial security.
Pension Transfers
Depending on which country or countries you might already hold a pension, there are various options available. For instance, if you have a UK pension, there are various options open to you.
These include QROPS (Qualifying Recognised Overseas Pension Schemes) which allow you to transfer your pension overseas to one that meets certain standards and conditions that are the equivalent to that of a UK scheme.
Other options include QNUPS (Qualifying Non-UK Pension Scheme) that can be beneficial for those whose pensions don’t qualify for the QDROPS scheme or for those looking to top-up the overall amount of capital and assets.
Should you need to book an appointment with one of our trained and experienced financial advisers in the UAE, contact us today!