Where should I setup a bank account in Palm Jumeirah?
We asked expats in Palm Jumeirah what banks they use and there advice about banking. They advised...
"Expats considering retirement in Palm Jumeirah, should be aware that the cost of living can be high, especially in terms of housing and dining out. They should also know that the UAE does not offer a retirement visa, so they would need to secure a residence visa through other means, such as property ownership or starting a business. Healthcare in the UAE is of a high standard, but it can be expensive, so expats should ensure they have comprehensive health insurance. The climate in Palm Jumeirah is hot and humid for most of the year, which may not be suitable for everyone. The UAE has strict laws and customs that expats must adhere to, including those related to alcohol consumption, dress code, and public behavior. Expats should also be aware that the official language is Arabic, although English is widely spoken. Palm Jumeirah is a luxurious and modern area with a lot of amenities, but it can be quite crowded and traffic can be heavy. Finally, expats should know that the UAE is a tax-free country, but they may still be liable for taxes in their home country," wrote a member who made the move to Palm Jumeirah, the UAE.
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Other Questions:
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Where should I setup a bank account in Palm Jumeirah?
If you live in Palm Jumeirah, newcomers to Palm Jumeirah would love to hear your answer to this question.
