Should you cut and run from Dubai?
Unemployed expats are leaving their (unpaid for) cars at Dubai airport, and fleeing the emirate in their droves. Or maybe they aren't. But it still begs the question - if you lose your job in Dubai are you better off getting out ASAP, or hanging on for something new.
Last week the London Times suggested that over 3,000 cars had been abandoned at Dubai Airport. Expats who lost their jobs, and who had received internationally untraceable car loans from local banks, were just cutting their losses and hopping on a plane home.
Dubai's chief of police has since responded to these claims, and reckons just 11 cars have been abandoned at the airport. Suggestions to the contrary are part of "a fierce campaign against the reputation of the blooming city of Dubai", he says.
If you're an expat employed in the freezone of the DIFC, you're not tied to the stringent visa policy that requires you to leave the country within a month of losing your job.
However, if you were made redundant, would you stay and search for another job, or would you just move home again? Your thoughts please....
