Expat Uae News
Latest 10 news items tagged Uae
19 Oct at 6 PM 2018
-based expatriate husbands subject to divorce proceedings can no longer use their sponsorship powers to threaten their wives.
Expatriate wives sponsored by their husbands need no longer fear having to leave the country at short notice when divorce proceedings are under way. A new UAE
law aims to protect divorcees, widows and their children by guaranteeing them at least a year’s visa extension. UAE
lawyers are happy to report that husbands holding visa control over their wives will now no longer have the power to wreck their lives...
3 Oct at 6 PM 2018
As the super-rich in the UAE
get even wealthier, a report has revealed they control over half the emirates’ total wealth.
It’s well-known that the UAE
acts as a magnet for multi-millionaires, with a recent report admitting that just one per cent of the entire population owns 51 per cent of the combined wealth of the emirates
. The lucky few, known as High Net Worth Individuals, are the US dollar millionaires with investments, bank deposits, cash, properties and other tangible assets worth at least one million and usually far more....
1 Oct at 6 PM 2018
Is now the time for expats to invest in mid-range UAE
As the swing in UAE
property prices nears its lowest point since 2014, financial gurus are recommending mid-range property purchases below a bench mark of DH1.5 million as the way to go for expat investors. Purchasers planning a buy-to-let investment are expected to gross between seven and nine per cent in some areas and , taking into account interest payments, upkeep and service charges, should still make good profits on studios and apartments with one to three bedrooms....
26 Sep at 6 PM 2018
Is the new UAE
retirement visa really an opportunity for older expats, or is it simply smoke and mirrors?
In the weeks since the surprise announcement that the UAE
is to offer 5-year retirement visas to qualifying expats, reactions from within the expatriate community have veered from positive through maybe to uncertainty about what happens after the five years are up. A new take on the offer asks whether the new law really does breach the gap between reality and fantasy, taking into account the fact that many expats spend almost all...
25 Sep at 6 PM 2018
Soaring UK property prices may persuade expats to stay in Dubai after retirement.
The problems of replicating a Dubai lifestyle as regards suitable properties in the UK may well encourage British expat professionals close to retirement to stay in the UAE
. Expats coming up for retirement are now becoming aware the high costs of luxury housing in the UK may cause financial difficulties as regards relocating to the home country. Downsizing after years in the hothouse atmosphere of Dubai and the other emirates
may not be an acceptable...
21 Sep at 6 PM 2018
Long-stay expats in the UAE
are debating their concerns about the emirates’ new retirement visas on social media.
Following the recent announcement that long-term expats in the UAE
will be able to stay on a five-year visa after their retirement from work, local social media pages are buzzing with discussions about the pros and cons of the official change of heart. Although most expatriates welcome the change, many can see trouble ahead, due to the at-present seemingly one-off nature of the visa. Another cause for discussion are the...
20 Sep at 6 PM 2018
Long-stay, wealthy expats in Dubai are mostly pleased at the introduction of ‘retirement visas’, but is the move enough to stimulate the emirate’s fading real estate market?
One thing’s for sure, the new visas are welcome for expats who’ve spent most of the their working lives in the UAE
and don’t fancy starting again overseas after they reach the average retirement age of 55 years. The move is also likely to encourage younger expat professionals to commit to the emirates
for the foreseeable future, thus putting down...
17 Sep at 6 PM 2018
The wonders of the desert and the traditional Bedouin culture and way of life are now open to expats joining the annual UAE
500km camel trek.
Registration for the journey of a lifetime across the region’s vast deserts is now open, with expats of all nationalities invited to join in. The trek itself covers the deserts’ vast expanse of unique natural beauty and gives a rare insight into the lives and culture of the tough Bedouin tribes who called the seemingly endless dunes their home. This unique experience shows the traditional...
17 Sep at 6 PM 2018
Expatriates living and working long-term in the UAE
are welcoming the emirates’ new long-term residence option.
The thought that UAE
law forces long-term expat professionals to leave their adopted country once they’ve reached retirement age has long been a painful thorn in the sides of those who’d given the best years of their life to helping the UAE
develop to its present-day form. At best, it seemed ungrateful, and at worst it causes distress to expats who literally have nowhere else to go after leaving their friends and...
7 Sep at 6 PM 2018
Tourists as well as expatriates returning to Dubai after the summer break are being warned not accept an alcoholic drink during their flight.
The warning comes after a Swedish expat living long-term in London with her partner and children was arrested and imprisoned for drinking a glass of red wine offered to her by a stewardess. British consulates across the UAE
issued the advice via a Facebook post after the story made news worldwide, with many responses asking why airlines are still serving alcohol on flights heading for Dubai as...