How to reduce your living expenses in the UAE (The National)

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The streets are paved with gold, the sun shines year-round and it’s all tax free – or so they say.

But those who look from afar do not truly understand the realities of life in the UAE. The tax-free element of signing up for a job in the UAE can quite easily be eaten up by expensive rent and flights home that were never costs to expatriates when they were living in their home countries. It is all too easy to look at a tax-free salary and assume that life will be great from this point forward.

The harsher reality is that spending habits in the UAE need to be planned out carefully to make living away from home a success. And living a little more prudently wouldn’t go amiss either.(to continue reading, click here)

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Chris Ferguson

About Chris Ferguson

Chris formed Credence to bring credible financial advice to the offshore marketplace. Chris has been in financial services throughout his whole career, with experience in the GCC, United States, United Kingdom and Australia. Chris entered the financial services sector to enable as many people as possible benefit from freedom and choice in life by making good decisions rather than experiencing stress and anxiety over money.