Please seek some professional financial advice.
The DTT that comes into effect is to allow those of pensionable age who, earned thier pension in the UK i.e. made the pension contributions whilst paying tax on thier earnings, the ability to draw that pension in thier country of residence and pay tax at the rate of that country be it as a passport holder or resident status.
At the moment that rate is zero on pensions in the UAE.
If DTT does come in on earnings it will be several years after implementing income tax in the UAE as it will need to be means tested.
The proposed contract on its face is already poor without seeing the details.
Last edited by Kempus; 5th Apr 2017 at 19:55.
Reason: Grammar and stuff