With expatriates gearing up to flee Dubai, Kipp looks at the complications of disengaging with the once thriving emirate
January 19, 2009 2:18 by Dana El Baltaji
For those of you who have bought your flat/villa and have a mortgage with a local bank, consider the following: once you quit your job or are fired, your company will send a letter to your bank stating that you no longer work for them. They will then freeze the funds in the account where your salary is transferred until you pay off your mortgage (and who has that kind of money?).
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