All posts by Credence

How is the UAE`s Ex-Pat Population ...

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The largest expat population is the Indian one, with 2,000,000 residents in the UAE. This makes up an astonishing 42% of the total population. Close behind, there is the Pakistani population with 1,200,000 residents, and the Filipino population at 700,000. The largest European population is easily claimed by the British, with a population of 240,000 … Continue reading How is the UAE`s Ex-Pat Population Broken Down into Nationalities, and Does This Impact Companies Required to Provide End of Service Benefits

How to pass on maximum wealth to yo...

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HMRC collected close to £5 billion in Inheritance Tax (IHT) in 2016. If you take into consideration that only an estimated 45,100 estates were liable for IHT, that’s an average tax bill of £110,865 per estate. There are many complicated rules that stipulate how much IHT is payable on an estate but, with some basic … Continue reading How to pass on maximum wealth to your next generation. (Inheritance Tax for UK Expats)

5 Financial Mistakes Made by Expats...

11.16.2019

  Divorce is something rarely touched on when it comes to financial planning. But, with costly ‘grey divorces’ in adults over 50 almost doubling since the 90’s, it is something that must be discussed. Here are just a few of the main mistakes that expats commonly make when going through a divorce. Taking the House … Continue reading 5 Financial Mistakes Made by Expats During a Divorce

With the Oil Price Across the World...

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Since 2014, fluctuating oil prices have contributed to recessions and economic instability.  Dropping 70% from 2014 to 2016, the historic lows suggest that the global economy is in unchartered territory. Fortunately, we have recently seen small signs of recovery, with the oil price at the time of writing (September 2017) around $50 to the barrel. … Continue reading With the Oil Price Across the World Still Suppressed, What Impact Has This Had on the Global Economy, and More Specifically, the UAE

Construction in Dubai, and its Effe...

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With construction still rife in Dubai, there certainly seems to be a substantial increase in the supply of property. You would expect that demand would closely match this, as in recent years there has been a steady annual population growth of around 6%. Unfortunately, demand isn’t following suit – causing a large decrease in house … Continue reading Construction in Dubai, and its Effect on Property Prices

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