G'bye Dubai - Whats your exit strategy??
Feb 14th 2009, 7:51 pm
#1
Up in the air
Thread Starter
Joined: Oct 2004
Location: I'm global baby!!!!!!
Posts: 7,263
G'bye Dubai - Whats your exit strategy??
Obviously with the market the way it is, alot of people have been planning their exit strategy should things go pear shaped.
I have alot of friends in real estate,and they are heading off to Goa, Thailand to ride out the storm as the markets globally are shafted.
Do you guys have an exit strategy or defining moment when you will call it a day here in the land of sand???
I have alot of friends in real estate,and they are heading off to Goa, Thailand to ride out the storm as the markets globally are shafted.
Do you guys have an exit strategy or defining moment when you will call it a day here in the land of sand???
Feb 15th 2009, 12:49 am
#2
banned
Joined: Oct 2008
Posts: 7,611
Re: G'bye Dubai - Whats your exit strategy??
Have no real debts here, so I guess if my company and I got divorced then I'd put our furnature into storage and either live in UAE with friends until I got another job in UAE or elsewhere.
Luckily our daughter is not school age so that is a massive issue that doesn't need factoring.
I guess its the people in debt up to their eyeballs with hugh car and rent loans and credit card debts that need to plan this very carefully.
When you look at the nuts and bolts of it, the UAE is a shocker of a place to be when the good times stop rolling..
Luckily our daughter is not school age so that is a massive issue that doesn't need factoring.
I guess its the people in debt up to their eyeballs with hugh car and rent loans and credit card debts that need to plan this very carefully.
When you look at the nuts and bolts of it, the UAE is a shocker of a place to be when the good times stop rolling..
Last edited by commander; Feb 15th 2009 at 12:57 am.
Feb 15th 2009, 3:21 am
#3
Lost in BE Cyberspace
Joined: Jul 2007
Posts: 13,553
Re: G'bye Dubai - Whats your exit strategy??
Obviously with the market the way it is, alot of people have been planning their exit strategy should things go pear shaped.
I have alot of friends in real estate,and they are heading off to Goa, Thailand to ride out the storm as the markets globally are shafted.
Do you guys have an exit strategy or defining moment when you will call it a day here in the land of sand???
I have alot of friends in real estate,and they are heading off to Goa, Thailand to ride out the storm as the markets globally are shafted.
Do you guys have an exit strategy or defining moment when you will call it a day here in the land of sand???
Or are they just great places to relax for a while until the clouds blow away.............??
Feb 15th 2009, 4:24 am
#4
Go on.. Pull my finger..
Joined: Jul 2008
Location: Dubai
Posts: 5,726
Re: G'bye Dubai - Whats your exit strategy??
Obviously with the market the way it is, alot of people have been planning their exit strategy should things go pear shaped.
I have alot of friends in real estate,and they are heading off to Goa, Thailand to ride out the storm as the markets globally are shafted.
Do you guys have an exit strategy or defining moment when you will call it a day here in the land of sand???
I have alot of friends in real estate,and they are heading off to Goa, Thailand to ride out the storm as the markets globally are shafted.
Do you guys have an exit strategy or defining moment when you will call it a day here in the land of sand???
Feb 15th 2009, 4:39 am
#5
ex-expat
Joined: Nov 2008
Location: in front of my computer - in sunny Sussex!
Posts: 2,162
Re: G'bye Dubai - Whats your exit strategy??
We've got one... Phase 1 of implementation starts in, er... 7 weeks. Actually, no, that's Phase 2. Phase 3 being dependant on Mr Kitty's company.
For us the defining moment has already come. We're expecting another baby in June and simply can't run the risk of being made redundant (no more medical insurance, having to get out, having to pack the house, etc, etc, etc) in the 2 month window surrounding the birth. Well, that's when we're physically not allowed to fly, but then again, who wants the stress of potentially losing your job and having to move countries with a newborn and a toddler?!
We need a bit more stability and security than Dubai can offer right now.
For us the defining moment has already come. We're expecting another baby in June and simply can't run the risk of being made redundant (no more medical insurance, having to get out, having to pack the house, etc, etc, etc) in the 2 month window surrounding the birth. Well, that's when we're physically not allowed to fly, but then again, who wants the stress of potentially losing your job and having to move countries with a newborn and a toddler?!
We need a bit more stability and security than Dubai can offer right now.
Feb 15th 2009, 6:51 am
#6
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: G'bye Dubai - Whats your exit strategy??
With or without job, we exit when it is closer the time when my eldest has to start preparing for Uni (years 10;11 and 12) and we head for Aus. So another 2 years left for us.
I am glad we've managed a rather long innings in Dubai
Oh yeah, my exit strategy also included learning how to cook and I've done it!!! My kids and hubby think I'm better than my cook, think I managed to kill their taste buds
I am glad we've managed a rather long innings in Dubai
Oh yeah, my exit strategy also included learning how to cook and I've done it!!! My kids and hubby think I'm better than my cook, think I managed to kill their taste buds
Feb 15th 2009, 7:40 am
#7
Concierge
Joined: Feb 2007
Posts: 29,625
Re: G'bye Dubai - Whats your exit strategy??
you thinking of leaving JD 
Feb 15th 2009, 9:19 am
#8
Forum Regular
Joined: Apr 2008
Location: Dubai
Posts: 132
Re: G'bye Dubai - Whats your exit strategy??
The worst is yet to come, most of the expats I know are leaving in March or June latest.
Feb 15th 2009, 10:47 am
#9
Lost in BE Cyberspace
Joined: Jun 2008
Location: Brisvegas
Posts: 5,461
Re: G'bye Dubai - Whats your exit strategy??
Our plan has never been to be here for a long time, or even a good time. My husband and his partners have a plan in place and that plan was one or two years for us in Dubai. We'll knuckle down and get stuck in for a year or two and then be off on the next phase of our journey.
Feb 15th 2009, 11:47 am
#10
**** it we'll do it live
Joined: Oct 2004
Location: Dubai
Posts: 7,892
Re: G'bye Dubai - Whats your exit strategy??
no real plan, not particularly indebted to anyone here, shit hits fan get on plane and leave pretty much sums up my plan.
Feb 15th 2009, 1:30 pm
#11
MODERATOR
Joined: Dec 2004
Location: Dubai
Posts: 6,370
Re: G'bye Dubai - Whats your exit strategy??
Obviously with the market the way it is, alot of people have been planning their exit strategy should things go pear shaped.
I have alot of friends in real estate,and they are heading off to Goa, Thailand to ride out the storm as the markets globally are shafted.
Do you guys have an exit strategy or defining moment when you will call it a day here in the land of sand???
I have alot of friends in real estate,and they are heading off to Goa, Thailand to ride out the storm as the markets globally are shafted.
Do you guys have an exit strategy or defining moment when you will call it a day here in the land of sand???
N.
Feb 15th 2009, 1:53 pm
#12
BE Enthusiast
Joined: Dec 2008
Location: Western Australia
Posts: 758
Re: G'bye Dubai - Whats your exit strategy??
Plan? Yeah, abandon my stuff and run home before Im arrested for missing a cheque payment... duh.
Feb 15th 2009, 2:33 pm
#13
Account Closed
Joined: Oct 2008
Posts: 2,502
Re: G'bye Dubai - Whats your exit strategy??
Still have a job, about 65% of that job lasting through the end of the year.
But first strategy is to sell the car now. Anyone interested in a four month old Mitsubishi Pajero 3.0? Blue. Excellent shape, excellent drive. Offers above 70,000 considered.
Second strategy is to look for a job elsewhere. Already sending out resumes within the UAE and elsewhere.
Though I still have a job with some degree of security, that security is declining each day and the last I want is a car loan on my shoulders. Several good friends have left already, and as time goes on, Dubai is less and less the place I want to be.
But first strategy is to sell the car now. Anyone interested in a four month old Mitsubishi Pajero 3.0? Blue. Excellent shape, excellent drive. Offers above 70,000 considered.
Second strategy is to look for a job elsewhere. Already sending out resumes within the UAE and elsewhere.
Though I still have a job with some degree of security, that security is declining each day and the last I want is a car loan on my shoulders. Several good friends have left already, and as time goes on, Dubai is less and less the place I want to be.
Feb 15th 2009, 2:37 pm
#14
Lost in BE Cyberspace
Joined: Jul 2007
Posts: 13,553
Re: G'bye Dubai - Whats your exit strategy??
Still have a job, about 65% of that job lasting through the end of the year.
But first strategy is to sell the car now. Anyone interested in a four month old Mitsubishi Pajero 3.0? Blue. Excellent shape, excellent drive. Offers above 70,000 considered.
Second strategy is to look for a job elsewhere. Already sending out resumes within the UAE and elsewhere.
Though I still have a job with some degree of security, that security is declining each day and the last I want is a car loan on my shoulders. Several good friends have left already, and as time goes on, Dubai is less and less the place I want to be.
But first strategy is to sell the car now. Anyone interested in a four month old Mitsubishi Pajero 3.0? Blue. Excellent shape, excellent drive. Offers above 70,000 considered.
Second strategy is to look for a job elsewhere. Already sending out resumes within the UAE and elsewhere.
Though I still have a job with some degree of security, that security is declining each day and the last I want is a car loan on my shoulders. Several good friends have left already, and as time goes on, Dubai is less and less the place I want to be.
OK?
Feb 15th 2009, 2:40 pm
#15
banned
Joined: Oct 2008
Posts: 7,611
Re: G'bye Dubai - Whats your exit strategy??
Pajero's are pretty pants, so ill take it off you for 31K.
Its better than my epica
Its better than my epica