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EK Resignation Tips

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EK Resignation Tips

Old 15th Mar 2017, 17:15
  #621 (permalink)  
 
Join Date: Jul 2007
Location: Halifax
Age: 55
Posts: 29
I had 3 weeks during my notice period. Enjoyed them !
And so should you .
cost neutral is offline  
Old 15th Mar 2017, 22:13
  #622 (permalink)  
 
Join Date: Feb 2017
Location: South Africa
Posts: 224
Once you resign will they issue your exit ticket to your country of origin or the country you are moving to?
Joker11 is offline  
Old 16th Mar 2017, 08:29
  #623 (permalink)  
 
Join Date: Aug 2004
Location: Here today, gone tomorrow.
Posts: 29
Originally Posted by Joker11 View Post
Once you resign will they issue your exit ticket to your country of origin or the country you are moving to?
You select this on your leavers form.
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Old 16th Mar 2017, 09:53
  #624 (permalink)  
 
Join Date: Feb 2017
Location: South Africa
Posts: 224
Originally Posted by JNPS View Post
You select this on your leavers form.
Thank you very much!
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Old 16th Mar 2017, 16:45
  #625 (permalink)  
STD
 
Join Date: Nov 2004
Location: cavok
Posts: 34
Thanks guys.
STD is offline  
Old 17th Mar 2017, 13:04
  #626 (permalink)  
 
Join Date: Apr 2016
Location: Portugal
Posts: 37
I feel like crying every day. It has been my worst decision of life. I gave up my left seat came here and now I count every single day. I am a slave in this golden cage all around me. I don't want to pay these habibis a single penny. That's why just waiting to finish my bond.

It's a very good thread with lot of information. Though I still have one year to complete my bond but I have already started planning my exit. Have closed my credit cards. Down to a single CC with bare minimum limit. Have disposed off my expensive car and have bought a small used car.


Counting each day. It feels like episode of "LOCKED UP ABROAD"


Good luck and congratulations to guys who are about to leave.

Freedom and happiness are more important in life
Airbuspilot72 is offline  
Old 15th Apr 2017, 16:09
  #627 (permalink)  
 
Join Date: Jun 2004
Location: Dubai
Posts: 110
Make sure your money makes it out

Big tip: stay in Dubai a few days after you get your Provident fund check and make sure the whole of your account balance makes it out of the UAE. I'm currently dealing with a nightmare situation whereby we've repatriated and most of my money is stuck in my HSBC account in Dubai. My electronic banking fob died a few days after arriving so I have zero access to my account. Dealing with HSBC UAE is exactly what you can imagine it is - an utter disaster. Apparently they don't have the technology to update my new details in the system & Fedex me a new fob...I need to go to an HSBC branch in Dubai for that...surprise, surprise!
Buford is offline  
Old 15th Apr 2017, 19:04
  #628 (permalink)  
 
Join Date: Sep 2005
Location: Post-Pit and Lovin' It.
Posts: 841
Sorry for your problems buford, but I would never, ever use one of the banks for transfers. Always used exchange houses which gave better rates/fees and results.

But you don't get your Provident money before you leave anyway. That comes later. Perhaps you are referring to your final pay? That is indeed a cheque. In my case I cashed it at Emirates NBD at EGHQ and took it directly to Rostamani and wired it to my offshore account.

Three weeks later my Provident fund arrived via wire transfer to the same account.

No issues.
nolimitholdem is offline  
Old 15th Apr 2017, 20:03
  #629 (permalink)  
 
Join Date: Jun 2004
Location: Dubai
Posts: 110
Provident fund was all part of final check given by Emirates. Only money kept was retention money. Pretty sure everyone would be staying at EK if they were paid what I was handed my final day. Your circumstances were obviously different.
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Old 15th Apr 2017, 21:40
  #630 (permalink)  
 
Join Date: Sep 2005
Location: Post-Pit and Lovin' It.
Posts: 841
You're correct, my circumstances were different - by the time I received my final pay, I had closed any bank accounts in Dubai. So cashing my final pay and wiring it independently was the only option and it worked well. I wasn't worried about my Provident, and it showed up less than three weeks after my final day. The retention money came shortly thereafter.

And yes, HSBC is an utter, complete nightmare. Hope you get it sorted.

But I wouldn't have stayed at EK for any amount of money offered.
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Old 16th Apr 2017, 05:20
  #631 (permalink)  
 
Join Date: Nov 2009
Location: Dusty West
Age: 48
Posts: 595
Nolimit,

Did you choose the option where your provident fund was wired to your home country directly by the company? Many of us can't use that option as we would be considered re-patriated and resident before the provident fund arrived making it subject to tax. What is the best way to get all money back to the home country (with perhaps the exception of the retention money) before you leave the UAE?
The Outlaw is offline  
Old 16th Apr 2017, 09:23
  #632 (permalink)  
 
Join Date: Aug 2004
Location: Here today, gone tomorrow.
Posts: 29
An electronic funds transfer done the day of receiving your money, which includes the provident fund in dhs., will arrive in your account the next business day. ( At least in my Country). Upon confirmation, jump on the next flight home, voila, no taxes!
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Old 16th Apr 2017, 12:54
  #633 (permalink)  
 
Join Date: Jun 2005
Location: nowhere
Posts: 468
JNPS after how many days will you receive the PF money?
I mean after how many days after your last day of duty.
I am trying to understand what is the best option to swnd back that money to europe
flareflyer is offline  
Old 16th Apr 2017, 17:06
  #634 (permalink)  
 
Join Date: Jun 2004
Location: Dubai
Posts: 110
My main advice here, if you're sending it from Dubai, is to stick around an extra couple of days to make sure it reaches your home country...wherever that may be.
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Old 16th Apr 2017, 18:19
  #635 (permalink)  
 
Join Date: Aug 2003
Location: wait...gotta call reception
Posts: 17
Originally Posted by JNPS View Post
...Upon confirmation, jump on the next flight home, voila, no taxes!
In some European countries you are not taxable on your Provident Fund (or ESB etc) if you return after the 185th day of the year.
Therefore, if you return say July 15th or later, there should be no problems.
I suggest, however, to get advice from a tax lawyer.
eagleflight is offline  
Old 17th Apr 2017, 05:08
  #636 (permalink)  
 
Join Date: Aug 2004
Location: Here today, gone tomorrow.
Posts: 29
Ff,
If you choose to receive your Provident Fund in dirhams, it is given to you on your last day in office in the form of a cash cheque, by approx. 13:00hrs. This can be deposited immediately, with no hold on the funds and transferred out same day.
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Old 17th Apr 2017, 07:16
  #637 (permalink)  
 
Join Date: Jun 2001
Location: Knoteatingham
Posts: 829
Am I right in thinking that for non US citizens with an offshore US$ account, the full declared value of the Prov Fund can be deposited in US$ into your personal offshore US$ account and you can then do what you wish with it from there?
BANANASBANANAS is offline  
Old 17th Apr 2017, 09:02
  #638 (permalink)  
 
Join Date: Nov 2009
Location: Dusty West
Age: 48
Posts: 595
Thanks for the info, that helps.
The Outlaw is offline  
Old 18th Apr 2017, 00:49
  #639 (permalink)  
 
Join Date: Jun 2004
Location: Dubai
Posts: 110
Make sure if you go via your bank that your transfer limit per day is at max allowable. Turns out that's 500k dh per day. Despite telling HSBC approx how much we were transferring, not one employee told us we had a max limit of 180k dh per day. We only discovered that once we left Dubai and, guess what? We tried increasing it online before our banking fob died but apparently that needs to be done in person...in Dubai!
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Old 18th Apr 2017, 01:56
  #640 (permalink)  
 
Join Date: Sep 2006
Location: not in Dubai anymore
Age: 89
Posts: 712
Originally Posted by Buford View Post
Make sure if you go via your bank that your transfer limit per day is at max allowable. Turns out that's 500k dh per day. Despite telling HSBC approx how much we were transferring, not one employee told us we had a max limit of 180k dh per day. We only discovered that once we left Dubai and, guess what? We tried increasing it online before our banking fob died but apparently that needs to be done in person...in Dubai!
had the same happening to me, had to transfer in little chunks and they always made money on every transaction
GoreTex is offline  

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