Currency Calculator

Use the calculator on the right to see how much currency you can get for your money.

GBP Flag

1 GBP = 1.18587 EUR

EUR Flag

1 EUR = 0.83054 GBP

Change Currencies View Providers

UAE popular with expats

options instead of using a bank

The United Arab Emirates (UAE) is establishing itself as a popular destination for British expats, experts have noted.

According to Rightmove Overseas, Dubai is attracting lots of attention from people in the UK who are keen to set up home in another country. Ras Al Khaimah was also flagged up as a popular choice, along with Ajman.

Shameem Golamy, spokesman for Rightmove Overseas, commented: "With plenty of ready-to-move-into places available at reasonable prices and an attractive lifestyle, many Brits choose to make it home."

This suggests there could be an upturn in the number of foreign money transfers between the UK and the UAE in the next few years.

Mr Golamy noted that Dubai in particular has a lot of attractive properties on offer at the moment, some of which he said are "amazing". Indeed, he revealed they typically offer beautiful and spacious living areas with features such as a garage and a garden. Many are two-storey villas that boast up to seven bedrooms and are designed to suit the needs of young professional families.

"The villas are developed with every comfort in mind and feature every modern convenience," Mr Golany observed.

He added that these properties appeal to those who "appreciate the advantage of living within a secure, gated community", and stand on beautiful streets surrounded by lush greenery.

Rightmove Overseas is not the only organisation to report strong interest in property in the UAE among people from the UK. recently revealed the number of online searches for real estate in the country went up by almost half between October and December last year.

This was a reflection of a wider trend showing that British property buyers are becoming increasingly keen to look at destinations located outside Europe, as interest in established markets such as Spain dropped slightly throughout the quarter.

Leave a comment

Latest Compare Money Transfers New Update

Top Money Transfer Brokers