Cost of Living in Dubai | Business | Sarthak Ahuja

This is the amount of money you need to make if you’re thinking of moving to Dubai as a nuclear family...

Rent & Utilities = AED 7000 = INR 1.5L
Groceries = AED 2000 = INR 50k
Car Rental, Taxis, Metro, Fuel = AED 2000 = INR 50k
Nanny & House Help = AED 3000 = INR 75k
Eating out, Entertainment = AED 3000 = INR 75k

And I haven’t even added miscellaneous expenses, which would include medical bills, children’s education, etc.

Now, to be among the top 1% Indians, it would take you to have a net worth of Rs 1.4 Crores...

However, in the UAE, the top 1% have a net worth of over Rs 13 crores...

So, the lifestyle expenses really catch up, and even if people tell you that you can survive in less than Rs 3 lakhs of monthly income or say AED 15000...

You don’t want to be living below your means because you essentially move for a better life abroad.

So, if you can collectively earn about Rs 5 Lakhs a month or about AED 22000... moving to Dubai will make sense with all the tax savings and lifestyle you aim for.

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A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.

Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.

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