Moving to Dubai banking and bank accounts
Banking services and bank accounts in Dubai with Barclays Wealth International
In recent years thousands of people have moved to Dubai, drawn by the dual attraction of tax free jobs and lifestyle opportunities.
If you have decided on (or are committed to) a move to Dubai, we at Barclays Wealth will do everything we can to ease the move and help you capitalise from being an expat in Dubai. Depending on your needs and circumstances, we may be able to offer you:
- Offshore bank accounts*, savings and investments
- Access to our International Telephone and Online Banking service
- Advice on refinancing your UK property.
A fee-free personal, tailored solution designed to help clients maximise their wealth is available. The service is aimed at clients with balances of £100,000 or more (or currency equivalent) who wish to open an account with Barclays Wealth International or, for clients who have come to live in or are moving to the UK an annual individual gross income of £100,000 or more to mandate to a Barclays Wealth International account.
If you would like to know more about how Barclays Wealth can help you, simply click the link below and we'll call you at a convenient time.
* the account will need to be opened in our Knightsbridge International Banking Centre in London, UK
Working in Dubai
There is currently 0% income tax in Dubai on salaries paid to employees. The 0% tax regime also applies to most other forms of personal income. However, it is important to recognise that moving funds to the security of a savings account in your home nation is likely to attract tax liabilities from your country of citizenship.
This is why it is important to consider the potential advantages of offshore banking when working in Dubai.
You have sole responsibility for the management of your tax and legal affairs, including making any applicable filings and payments and complying with any applicable laws and regulations. We have not provided and will not provide you with tax or legal advice and recommend that you obtain your own independent tax and legal advice tailored to your individual circumstances.
Dubai offshore banking and investment in Dubai
Our international bank account, available in either sterling, US dollars or euros, is ideal for people moving to Dubai.
For more information, call us on +44 (0)141 352 3902† or click the link below.
For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.
† Lines are open 7am to 8pm weekdays and 8am to 5pm weekends and UK bank holidays local time. Call charges may vary. Please check with your local telecoms providor. Calls may be recorded for training and security purposes.
The products and services described on this page are provided by the following companies, which are part of Barclays Wealth: Barclays Bank PLC in England and Wales, Barclays Private Clients International (Gibraltar) Limited in Gibraltar and Barclays Private Clients International Limited in the Isle of Man, Jersey and Guernsey. For further information on these companies and Barclays Wealth please read the Important Information.
Products and services on this site may not be available in certain jurisdictions, this includes the UAE. In particular, these products and services are not being offered in Japan or the United States or to US residents. Some services are also not offered for accounts opened in the United Arab Emirates. For full details of exclusions and disclaimers please see the Important Information before proceeding. Each Barclays Wealth company reserves the right to make a final determination on whether or not you are eligible for any particular product or service.
