Banking, Tax & Exiting the UK
You’re Moving Countries — Make Sure Your Finances Do Too.
It’s not just about setting up a bank account.
It’s about protecting your financial future — and making sure HMRC doesn’t come chasing you down the line.
UAE Banking Basics
- Most banks require your Emirates ID and a UAE address
- Salary transfer letters help if employed
- Self-employed? You’ll need your company licence and tenancy
- Account setup takes 3–10 working days on average
- Not all banks are expat-friendly — we help you choose the right one
Pro tip: Open a multi-currency account and set up international transfers from day one.
Exiting the UK: Do It Properly
Leaving the UK doesn’t automatically stop your tax obligations.
You need to pass the Statutory Residence Test (SRT) to become a non-resident — and this affects how your UK income, property and investments are taxed.
Common oversights:
- Not understanding the SRT “ties” rules
- Overstaying days in the UK during the tax year
- Receiving rent or dividends in the wrong structure
- Forgetting about Inheritance Tax exposure
Our Approach:
We don’t give tax advice directly — but we work with qualified UK tax specialists to:
- Review your timeline and tie-breaker tests
- Structure pensions, investments and property income wisely
- Avoid getting hit with unexpected UK tax bills down the line
Leaving well is just as important as arriving well.
Contact Us
Office 3003, HDS Business Centre – Cluster
M – Jumeirah Lake Towers – Dubai
info@relocateuae.com