Dear All,
I am in a bit of a conflict with the Mrs and here is why:
We are currently living in Dubai and have two children aged 3 and 4 (my wife took a one year break from Dubai to do a PGCE Primary course in Manchester and is returning in Aug 2018) She feels that primary education in Dubai may not be good enough and hence we should move to the UK right away.
Form a practical perspective living in Dubai allows us to save around GBP 60-100k per year and I suggest staying here for another 5 years and then returning to the UK (when the kids will 9 year and 8 years old) and could be prepared to sit 11+ entrance exams for top schools in London.
All our savings could allows us to live a mortgage free life and that means being financially able to afford school fees of up to 20K per child per year.
I think that my suggested plan is better than what the wifey is suggesting since moving to the UK now would mean that we would save literally one thirds of what we save in Dubai and this would mean that we won't be able to afford the private schools in London such as St Pauls, City etc
What is your take?
Thank you for advice.