Quote:
Originally Posted by helenc
 Hi, any help or advice - would be great!
I'm about to let my property in International City and am after some advice about being taxed on it in the UK & is it best to set up a bank account in Dubai and have the rent paid straight into a bank account over there or is there no difference cost wise - if I get it transferred straight into my British account?
What's everyone else doing?
I'm with a bank that has branches in Dubai - so would I be best to set up another account with them there? If people do have it put straight into accounts in the UK - do you get it transferred in AED's or pounds?
Many thanks,
Helen |
I opened an account with Emirates Bank without any problem. You can have a VISA Electron card and internet banking which allows you to transfer your money to any other bank account. Highly recommended!
Mike