Quote:
Originally Posted by asmo
Hi everyone, first post!
Over a delicious chicken parma at our local pub, my best friend and I began talking about how it is so hard to get ahead in life without 30 years of hard work or a lucky break.
Being a fan of neither we have started looking into options of working in Dubai. Over here it has a "alladins cave" notoriety and we believe that it may just be an excellent solution to saving up some money.
anyway, I am a Web Designer with a couple years expierience and my mate is a Personal Trainer. what kind of salaries and allowances could we expect to find? Realistcally is it possible to save a large amount of money over there or is it an expensive city to live in to complement the high salaries.
Also what kind of tax would i be looking at when bringing my savings back to Australia?
I suppose basically what I'm asking is, Is it possible to save a large amount of money in Dubai within a couple of years and come back to australia to invest it.
Thanks so much in advance.
|
Hi and welcome to the board.
Being an Aussie too, I would recommend you see an accountant who specialises in tax for overseas workers.
Living and working overseas does not necessarily mean tax free!!
The cost of living here is VERY high.
An average 1 bed apartment will set you back around $40,000 AUD.(per year, paid up front )
Saving huge amounts would be possible if A) you made HUGE amounts of money B) ALL of your living costs were paid up front by your employer (housing, utilities etc)
I dont believe personal trainers earn to much here, not sure about yourself..
I dont believe this is the place to earn the bigbucks short term....maybe over 5 + years...and that is by working REALLY hard
The work environment is very different to most in Oz...the hours here tend to be a lot longer, and the travel to + from work for most people can be very long (+ stressful).......