UAE surpassed as the most affordable tax-free places for expats according to a research report

31 Jan 2024

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UAE surpassed as the most affordable tax-free places for expats according to a research report

According to a study report released by expat insurance provider William Russell, the UAE outperforms other zero-tax nations with an average monthly expenditure of around Dh3,590 and an average monthly net salary of about Dh13,015.

First on the list of the most affordable tax-free havens for foreigners is Oman, which also happens to have the lowest monthly living expenses and the third-cheapest monthly power expenditures, at around Dhs 386. Kuwait and Bahrain come in second and third, respectively.

The analysis examined a number of variables, such as airline tickets, rental income, and electricity expenses. The United Arab Emirates took fourth place in the fierce competition, besting well-known locations including Brunei, the Maldives, Qatar, the Bahamas, Monaco, the Cayman Islands, Bermuda, and Vanuatu.

With a relocation score of 5.84/10, the United Arab Emirates is home to almost 10 million people. For example, a one-way economy ticket from London to Abu Dhabi will run expats about $154. According to the research, those departing from New York should budget about $530 for the identical trip.

 

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