News: Risk of UK State Pension freeze remains for British pensioners in Europe

Starting next week some 360,000 British pensioners living in Europe will receive letters from The Department for Work and Pensions (DWP)  confirming that their UK State Pension pension will rise each year for at least the next three years in the event of a no-deal Brexit. There are no guarantees that these increases will continue after this time. Continue reading

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2019: how it is going for you? UAE survey results

A few weeks ago I asked people to complete a survey to see how 2019 is going for them, from a largely financial and work perspective.  Everyone was asked a series of questions about stability of work, the property market, what was impacting their personal finances, personal debts and how they felt about their life going into the second half of 2019.

Over 400 replied with just over 51% being in the 31 to 45 age group. The next largest group of respondents was aged 46 to 60 years (35%) and 70% of total respondents were married.

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News: Beneficial changes for DIFC Wills

The DIFC Wills Service Centre (formerly called the DIFC Wills and Probate Registry) has confirmed changes to the rules (the Amendments) which will come into effect from 30th June 2019. This is good news for anyone with UAE assets.

There are two major changes, summarised as follows:

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Travel & holidays – 20 money-related hints & tips

We’re approaching the hottest time of the year in the UAE, a time when many people think about going on holiday to avoid the heat for a while. The long school summer holiday starts shortly so many families and teachers will travel during this time. With this in mind, I’d like to give you a few hints and tips for saving and safeguarding money when travelling.

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2019 – how is it going for you? A survey

We’re nearly half way through the year, (and isn’t it going fast?) so I’d like to take a look at how UAE residents are finding it so far from a personal financial perspective. I would therefore be grateful if you could take just a few minutes to complete this survey.

Survey.  2019: how is it going for you?

The information gathered will be used in a future article on this website and for a show on Capital Radio UAE  ( http://www.cruae.ae) on 30th June, as one of my weekly Everything UAE segments which are broadcast every Sunday, just after 6pm.

Your input is very much appreciated. Thank you.

 

I write articles such as this one as part of the holistic personal financial planning service and that I provide to expats, and the general consumer, financial and legal information that I provide in The National newspaper, on Capital Radio UAE and on the Facebook group British Expats Dubai. If I can assist you with any personal financial issues, please contact me at keren@holbornassets.com  You will find many other useful articles on this website.

If you have yet to come across Capital Radio UAE, the station re-launched in the UAE in September 2018. You can listen online at http://www.cruae.ae or is the MyTuner Radio app with FM coming soon.  The station, a franchise of London’s famous Capital Radio, is aimed at the over 35s so plays the songs you know from the 60s, 70s, 80s and 90s.

Verified listeners for my weekly segment on Capital are in excess of 315,000 and growing fast so listen in to hear useful information every week.

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Ramadan in Dubai 2019 – a guide

This is not intended to be a definitive guide to the holy month, but is a simple overview and more importantly, a ‘what not to do’ for those who are not fully aware or are new to the UAE.

Ramadan is the ninth month of the Muslim calendar and the month in which the Quran was revealed. The annual observation of the fast during the month is one of the five pillars of Islam and is a serious matter for Muslims as a test of faith. It is also a month to take things a little easier and to spend time with family.

This year Ramadan is expected to start on or around  Sunday 5th May and at time of writing the date was yet to be confirmed. The UAE usually follows the announcement of Saudi Arabia but also has its own moon-sighting committee. The dates move forward by some 10 to 12 days each year as the Hijari calendar is slightly shorter than the Gregorian one that is in common use.

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How to negotiate a rent reduction

Most people are aware that rents are falling across the UAE so many of us will be expecting a reduction in our rent at renewal. But what if your landlord hasn’t got the message and doesn’t want to give you a reduction in line with general markets? Here are some hints and tips to try to persuade them.

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