Jurisdictions such as the UAE, Saudi Arabia, Oman and Bahrain have long been favourite destinations for international workers, but statistics show most expats move on within 10 years.
With that in mind, it’s vital you maximise the investment opportunities afforded to expats whilst also considering what happens to your savings and pensions when you leave.
However, with a little careful planning, you can ensure you are prepared for all eventualities and ensure you don’t lose any more of your hard-earned cash than you have to.
Download your FREE expat in the Middle East Tax and Savings update 2021 and find out:
The Tax implications back home, are far from straight forward and when the time comes to pack up your belongings for the next chapter of your journey, the impact on your wealth is not to be underestimated.
As international financial planning experts, we spend our time creating solutions to specifically aid expats working in the Middle East who intend to repatriate at some time in the future.
There are many investment vehicles available to international workers. However, finding the right one can be tricky. One thing is for certain though, you are more likely to pay more tax if you don’t speak to a financial planner than if you do. In fact, if you speak to a Skybound adviser now, you will not pay any tax that you don’t need to.