PPRuNe Forums - View Single Post - UAE considers draft law to ban termination of Emiratis
Old 17th Feb 2009, 11:43
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Desert Budgie
 
Join Date: Nov 2002
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Does anyone know what's happening to those poor folk who lose their jobs with motgages, personal loans, car loans etc?

Obviously you can't pay your debts if you don't have an income. The banks will freeze your assets if you don't have a job. Immigration will be alerted by the banks incase you do a runner. You can't sell your house or car because you will make far too little to pay off the debts. What are they going to do?

They can't possibly keep you here because the chances are you won't find another job, especially if you are working in the construction and property sectors. If they do keep you here because you have debt, it won't benefit them if you can't pay it off. You can't afford to keep a family here, especially if you have kids and you can't pay for school.

Are they just taking every penny and asset you have and letting you leave with nothing!? If anyone knows how the UAE is dealing with this please shed some light, because the above scenario is real, and happening to hundreds, even thousands of folk over here.

Cheers

DB
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