Go Back  British Expats > Living & Moving Abroad > Middle East
Reload this Page >

Bad Timing for Relocation?

Bad Timing for Relocation?

Old Dec 2nd 2009, 11:55 am
  #1  
Forum Regular
Thread Starter
 
Joined: Oct 2009
Posts: 47
Mullet is a jewel in the roughMullet is a jewel in the roughMullet is a jewel in the roughMullet is a jewel in the rough
Default Bad Timing for Relocation?

So, with the ink barely dry on my Employment Contract for a construction position in Abu Dhabi, the world is rocked (financially at least) by Dubai's debt problems becoming public knowledge.

My move from the UK to AD is an internal transfer and the UK side of the business has turned around and said that it isn't a problem if I want to cancel the transfer and remain in the UK.

Which has left me with no idea what to do. Do I go through the upheaval of taking my wife and baby to the UAE to escape the paycuts and redundancies of the UK? Or am I just going from frying pan to fire?

I appreciate that AD has money but surely it won't be unaffected by the debts of Dubai and will make cuts to spending on construction projects?

Any views?
Mullet is offline  
Old Dec 2nd 2009, 1:57 pm
  #2  
A bubbly-jock...
 
MacScot's Avatar
 
Joined: Mar 2005
Location: Teneriffe
Posts: 6,262
MacScot has a reputation beyond reputeMacScot has a reputation beyond reputeMacScot has a reputation beyond reputeMacScot has a reputation beyond reputeMacScot has a reputation beyond reputeMacScot has a reputation beyond reputeMacScot has a reputation beyond reputeMacScot has a reputation beyond reputeMacScot has a reputation beyond reputeMacScot has a reputation beyond reputeMacScot has a reputation beyond repute
Default Re: Bad Timing for Relocation?

Originally Posted by Mullet View Post
So, with the ink barely dry on my Employment Contract for a construction position in Abu Dhabi, the world is rocked (financially at least) by Dubai's debt problems becoming public knowledge.

My move from the UK to AD is an internal transfer and the UK side of the business has turned around and said that it isn't a problem if I want to cancel the transfer and remain in the UK.

Which has left me with no idea what to do. Do I go through the upheaval of taking my wife and baby to the UAE to escape the paycuts and redundancies of the UK? Or am I just going from frying pan to fire?

I appreciate that AD has money but surely it won't be unaffected by the debts of Dubai and will make cuts to spending on construction projects?

Any views?
It's not Dubai's debt problems but those of a company - Dubai World. Should all blow over as debt repayments are rescheduled. Dubai is the 'Singapore' of the Middle East and will go from strength to strength as a financial, trading, transit and tourist hub. Abu Dhabi Emirate has all the oil and gas wealth...so don't see problems there at all. Notwithstanding, I'm leaving myself after 3.5 years...I like the stability of Australia and so much less red tape.
MacScot is offline  
Old Dec 2nd 2009, 2:21 pm
  #3  
Account Closed
 
Joined: Jul 2007
Posts: 7,028
lionheart is an unknown quantity at this point
Default Re: Bad Timing for Relocation?

Originally Posted by MacScot View Post
It's not Dubai's debt problems but those of a company - Dubai World. Should all blow over as debt repayments are rescheduled. Dubai is the 'Singapore' of the Middle East and will go from strength to strength as a financial, trading, transit and tourist hub. Abu Dhabi Emirate has all the oil and gas wealth...so don't see problems there at all. Notwithstanding, I'm leaving myself after 3.5 years...I like the stability of Australia and so much less red tape.
But DW is still owned by the Dubai Government, so its not just an isolated corporate problem. As for Dubai going from strength to strength...bla bla...I personally don't think so. The OP should probably stay put if his UK position is definitely secure.
lionheart is offline  
Old Dec 2nd 2009, 2:47 pm
  #4  
BE Forum Addict
 
soukie's Avatar
 
Joined: Jun 2008
Location: Abu Dhabi
Posts: 1,632
soukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond repute
Default Re: Bad Timing for Relocation?

It really depends on which Project you are working on in Abu Dhabi - construction of residential properties is being slowed down. Is it easy for you to transfer back to UK if you face problems in the ME? You could come out on your own to see how it goes before moving the family.
soukie is offline  
Old Dec 2nd 2009, 3:20 pm
  #5  
Forum Regular
Thread Starter
 
Joined: Oct 2009
Posts: 47
Mullet is a jewel in the roughMullet is a jewel in the roughMullet is a jewel in the roughMullet is a jewel in the rough
Default Re: Bad Timing for Relocation?

They want me out there for my education experience, I'll be working on a mixture of Universities and schools.

Still a gung-ho attitude in AD with double digit growth forecast for the office next year. But what value are forecasts....
Mullet is offline  
Old Dec 2nd 2009, 4:51 pm
  #6  
ex-expat
 
Hello.Kitty's Avatar
 
Joined: Nov 2008
Location: in front of my computer - in sunny Sussex!
Posts: 2,162
Hello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond reputeHello.Kitty has a reputation beyond repute
Default Re: Bad Timing for Relocation?

if it's education, govt funded or not, in AD, my gut feel is to go for it. It might be worth finding out if your company would have a position for you, should you wish to come back to the UK.
There's nothing quite like having a solid back-up plan!
Hello.Kitty is offline  
Old Dec 2nd 2009, 5:06 pm
  #7  
BE Forum Addict
 
soukie's Avatar
 
Joined: Jun 2008
Location: Abu Dhabi
Posts: 1,632
soukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond reputesoukie has a reputation beyond repute
Default Re: Bad Timing for Relocation?

Originally Posted by Mullet View Post
They want me out there for my education experience, I'll be working on a mixture of Universities and schools.

Still a gung-ho attitude in AD with double digit growth forecast for the office next year. But what value are forecasts....
Sounds OK to me - I'm sure all this will happen!
soukie is offline  
Old Dec 3rd 2009, 2:38 am
  #8  
Concierge
 
Blue Cat's Avatar
 
Joined: Feb 2007
Posts: 29,625
Blue Cat has a reputation beyond reputeBlue Cat has a reputation beyond reputeBlue Cat has a reputation beyond reputeBlue Cat has a reputation beyond reputeBlue Cat has a reputation beyond reputeBlue Cat has a reputation beyond reputeBlue Cat has a reputation beyond reputeBlue Cat has a reputation beyond reputeBlue Cat has a reputation beyond reputeBlue Cat has a reputation beyond reputeBlue Cat has a reputation beyond repute
Default Re: Bad Timing for Relocation?

Originally Posted by lionheart View Post
But DW is still owned by the Dubai Government, so its not just an isolated corporate problem. As for Dubai going from strength to strength...bla bla...I personally don't think so. The OP should probably stay put if his UK position is definitely secure.
a fact they are strongly denying
Blue Cat is offline  
Old Dec 3rd 2009, 2:55 am
  #9  
Lost in BE Cyberspace
 
Inselaffen's Avatar
 
Joined: Jun 2007
Location: Dubai
Posts: 13,547
Inselaffen has a reputation beyond reputeInselaffen has a reputation beyond reputeInselaffen has a reputation beyond reputeInselaffen has a reputation beyond reputeInselaffen has a reputation beyond reputeInselaffen has a reputation beyond reputeInselaffen has a reputation beyond reputeInselaffen has a reputation beyond reputeInselaffen has a reputation beyond reputeInselaffen has a reputation beyond reputeInselaffen has a reputation beyond repute
Default Re: Bad Timing for Relocation?

Originally Posted by Blue Cat View Post
a fact they are strongly denying
must be the evil media in the west making it up then!
Inselaffen is offline  
Old Dec 3rd 2009, 3:48 am
  #10  
BE Forum Addict
 
co durham boy's Avatar
 
Joined: Aug 2009
Location: Dubai
Posts: 3,942
co durham boy has a reputation beyond reputeco durham boy has a reputation beyond reputeco durham boy has a reputation beyond reputeco durham boy has a reputation beyond reputeco durham boy has a reputation beyond reputeco durham boy has a reputation beyond reputeco durham boy has a reputation beyond reputeco durham boy has a reputation beyond reputeco durham boy has a reputation beyond reputeco durham boy has a reputation beyond reputeco durham boy has a reputation beyond repute
Default Re: Bad Timing for Relocation?

Originally Posted by Mullet View Post
They want me out there for my education experience, I'll be working on a mixture of Universities and schools.

Still a gung-ho attitude in AD with double digit growth forecast for the office next year. But what value are forecasts....
don't be the man in the pub who says " i could of whent there to work but.........?"

come give it 6months alone without your family then make a call,you have the added saftey net of an internal transfer if it goes tits up.
it basically boils down to , location , project specifics, client, strength of employer.

good luck
co durham boy is offline  
Old Dec 3rd 2009, 3:58 am
  #11  
Account Closed
 
Joined: Jul 2007
Posts: 7,028
lionheart is an unknown quantity at this point
Default Re: Bad Timing for Relocation?

Originally Posted by Blue Cat View Post
a fact they are strongly denying
I don't think anyone is denying that DW is owned by the Emirati Royal Family/Government. What they are saying is that DW is a business entity and must therefore stand on its own. That is bloody ridiculous because the main reason why loans were given was because of the Royal connection. They can't have it both ways. Just like Sheikh Moh complaining at the western media recently but being perfectly happy for them to publish success stories when the economy was booming.
lionheart is offline  
Old Dec 3rd 2009, 2:54 pm
  #12  
Just Joined
 
Banker_Boy's Avatar
 
Joined: Nov 2009
Posts: 14
Banker_Boy is an unknown quantity at this point
Default Re: Bad Timing for Relocation?

Don't go, do go
Don't buy, Dubai
Banker_Boy is offline  
Old Dec 3rd 2009, 5:53 pm
  #13  
Eva
Lost in BE Cyberspace
 
Eva's Avatar
 
Joined: Aug 2007
Posts: 7,646
Eva has a reputation beyond reputeEva has a reputation beyond reputeEva has a reputation beyond reputeEva has a reputation beyond reputeEva has a reputation beyond reputeEva has a reputation beyond reputeEva has a reputation beyond reputeEva has a reputation beyond reputeEva has a reputation beyond reputeEva has a reputation beyond reputeEva has a reputation beyond repute
Default Re: Bad Timing for Relocation?

Originally Posted by co durham boy View Post
don't be the man in the pub who says " i could of whent there to work but.........?"

come give it 6months alone without your family then make a call,you have the added saftey net of an internal transfer if it goes tits up.
it basically boils down to , location , project specifics, client, strength of employer.

good luck
What he said.
I would advise anyone (be it the wife or husband if appropo) with a job offer to come out in advance of uprooting a family to test the water,assess the offer etc.
Takes a good couple of months to get to grips with all the red tape and much easier to live outta a suitcase or in a mate's spare room if not having to worry about spouse and baby's comfort factor.Also means you are free to spec the city in terms of places to stay.
You refer to pay offs looming- are you exploring the possibilities of jumping before being pushed? Maybe you have to make moves anyway and I would say give AD a go.Least you got a couple of years b4 nipper in school(though pitch for Nursery /School Fees straight off- get it written in to Contract).
Hmmmm schools& Unis???
Aldar is building schools in AD...
Eva is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.