I pay AED11,000 - it might be a bit more with a visa but I don't need that (I'm sponsored by my wife). From what I recall, you don't pay anything for bank setup* but relationship fees are AED200 per month with mine.
*I paid Fred for the account setup (advisable) - I can't remember the precise...
Hi Fred - as with the bank opening, would the fact that the tenancy contract is in the wife's name and she is my sponsor be no hindrance to getting a tax cert at the end of the year? Is a local personal bank account a must or nice-to-have or not necessary at all?
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