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Sending money home that's earned in a tax free country

abud · 2014-08-10 12:18:07

My husband and I are both working in the UAE. We saved some money this year and are not sure the best way to bring it home. Main question is can we be made pay tax on the money we send home...hopefully about 30k a year. Also what is the best way to bring it home. ...wire it to our bank? Have heard of people bringing the…

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10-08-2014 1:18pm

#1

abud

Registered Users Posts: 3 ✭

Join Date: August 2014

Posts: 1

My husband and I are both working in the UAE. We saved some money this year and are not sure the best way to bring it home.
Main question is can we be made pay tax on the money we send home...hopefully about 30k a year.
Also what is the best way to bring it home. ...wire it to our bank? Have heard of people bringing the money home in large amounts of cash so it cannot be traced..and spreading it between banks,post office etc....is this better than transferring it all to one account?
Any advice would be appreciated
Thanks

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