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Yas Island, UAE | Where should I setup a bank account in Yas Island? | Expat Exchange
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Where should I setup a bank account in Yas Island?

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We asked expats in Yas Island what banks they use and there advice about banking. They advised...

"Expats considering retirement in Yas Island, should be aware that the country does not offer a specific retirement visa, but there are long-term residency options available. They should also know that the cost of living can be high, especially for housing and education. Healthcare in the UAE is of a high standard, but it can be expensive, so securing comprehensive health insurance is essential. The UAE has a hot desert climate, with high temperatures and humidity in the summer, which may not be suitable for everyone. The official language is Arabic, but English is widely spoken. The UAE is a Muslim country, and expats are expected to respect local customs and laws, including those related to dress and behavior. The UAE has a zero-tolerance policy for illegal drugs, and there are strict laws regarding alcohol consumption. Expats should also be aware that the UAE has strict internet censorship laws, and certain websites and apps may be blocked. Yas Island itself is a popular tourist destination, known for its luxury hotels, shopping, and entertainment facilities, including the Yas Marina Circuit, which hosts the Formula One Abu Dhabi Grand Prix. While the UAE is generally safe, expats should take standard precautions to protect themselves and their property. Finally, expats should be aware that the UAE does not levy income tax, which can make it an attractive retirement destination for those with significant savings or pension income," commented one expat who made the move to Yas Island, the UAE.

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Where should I setup a bank account in Yas Island?

If you live in Yas Island, newcomers to Yas Island would love to hear your answer to this question.


SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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