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Expat Advice: Financial Issues in Dubai, UAE

Submitted by ResearchTeam

What is the name of the city or town that you are reporting on?

Dubai

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

Before retiring in Dubai, expats should be aware of the cost of living, which is generally higher than in other parts of the world. It is important to research the different types of visas available and the associated costs and requirements. Additionally, expats should be aware of the local laws and customs, and familiarize themselves with the local language. Healthcare is also an important factor to consider, as expats should ensure they have access to quality medical care. Finally, expats should research the different neighborhoods and areas of Dubai to find the best fit for their lifestyle.

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