UAE

Retirement Options of NRIs in UAE

by moveforward on May 17, 2013

The Burj in lights.

The Burj in lights.

In a recent survey conducted on UAE based NRIs,  it was found that at least 75% of them expect to be cared for in their old age by their children. This means there are problematic gaps in the future planning of NRIs in terms of finances and golden sunset preparations for NRIs.

According to the Standard Life NRI Wealth Study, “Only one in ten (10%) have invested in retirement plans for their golden years.” The main reason for such lack of planning is ‘family expectations.’ [click to continue…]

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