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This is a good summary, if you have other elements to consider, like self-employment, dividends etc., then a professional tax accountant may be a good option for your first year.

I had a company wage, self-employment and pensions to consider for my first year overseas, so I used Whittaker & Co. They were excellent.

@AndyTT yes the banking system is very advanced.

@Smiler1

Very helpful Smiler. Even with the research I did I couldn't find the info all in one place like this so thanks for that.

With regards to paying my bills at home in the UK, is it easy to send money from a Saudi account to a UK account or does the transaction take a few days and do you usually have to pay a fee for transfering the money do you know?

@AndyTT

hey Andy, from experience it only takes me around 4 hours to transfer back to UK.

Thats from my SABB account to Natwest

You are welcome AndyTT,

I mirror AndySwindell’s advice, I use SABB and they are very good, they charge 26 SAR per transaction, nearly always the same day.

If you have to use another bank and are not sure, Currencies Direct are an alternative. The fees are the same but they take 3-4 days to transfer.

To balance this out, SABB they did manage to miss a payment to CD after I had made the transfer for some reason, they did the same with several thousand employees from my company, CD honoured the payment to the end users and recovered the money later from the bank. So very reliable.

XE.com are an alternative that offered this transfer but I have not used them so can’t recommend from experience.

Hope this helps.

You are welcome AndyTT,
I mirror AndySwindell’s advice, I use SABB and they are very good, they charge 26 SAR per transaction, nearly always the same day.

If you have to use another bank and are not sure, Currencies Direct are an alternative. The fees are the same but they take 3-4 days to transfer.

To balance this out, SABB they did manage to miss a payment to CD after I had made the transfer for some reason, they did the same with several thousand employees from my company, CD honoured the payment to the end users and recovered the money later from the bank. So very reliable.

XE.com are an alternative that offered this transfer but I have not used them so can’t recommend from experience.

Hope this helps.
-@Smiler1

The charge 46 SAR not 26!

If you work in both locations in the same UK tax year you may be liable to pay tax in the UK on your Saudi earnings. ideally you want to wrap up any UK employment prior the start of the new personal tax year on the 6th of April. It’s called split year treatment.  Dividends and rental income do not trigger this only paid employment.