Is the dream dead?
Apr 30th 2019 | 4:27 am
#1
Thread Starter
Just Joined
Joined: Apr 2019
Posts: 21
Is the dream dead?
Lehman was more than a decade ago and Dubai is still there. The oil price crash is five years old and Abu Dhabi is still there. Expats are supposedly leaving and being denied gold-plated packages but 48-year-old British engineers and their 28-year-old Pinay girlfriends are still tearing it up at Friday brunch.
What do we think? Is this the end of days or Expat 2.0?
What do we think? Is this the end of days or Expat 2.0?
Apr 30th 2019 | 5:30 am
#2
Lost in BE Cyberspace
Joined: Jul 2009
Posts: 15,887
From: Disneyland, Dubai
Re: Is the dream dead?
Lehman was more than a decade ago and Dubai is still there. The oil price crash is five years old and Abu Dhabi is still there. Expats are supposedly leaving and being denied gold-plated packages but 48-year-old British engineers and their 28-year-old Pinay girlfriends are still tearing it up at Friday brunch.
What do we think? Is this the end of days or Expat 2.0?
What do we think? Is this the end of days or Expat 2.0?
Apr 30th 2019 | 5:51 am
#3
Thread Starter
Just Joined
Joined: Apr 2019
Posts: 21
Re: Is the dream dead?
What’s your age and waist size?
Apr 30th 2019 | 6:01 am
#4
Lost in BE Cyberspace
Joined: Jul 2009
Posts: 15,887
From: Disneyland, Dubai
Apr 30th 2019 | 6:05 am
#5
Thread Starter
Just Joined
Joined: Apr 2019
Posts: 21
Re: Is the dream dead?
The Pinay bit or the girlfriend bit being the issue?
May 1st 2019 | 5:54 pm
#6
Account Closed
Joined: Feb 2011
Posts: 0
Re: Is the dream dead?
Lehman was more than a decade ago and Dubai is still there. The oil price crash is five years old and Abu Dhabi is still there. Expats are supposedly leaving and being denied gold-plated packages but 48-year-old British engineers and their 28-year-old Pinay girlfriends are still tearing it up at Friday brunch.
What do we think? Is this the end of days or Expat 2.0?
What do we think? Is this the end of days or Expat 2.0?
May 1st 2019 | 6:06 pm
#7
Lost in BE Cyberspace
Joined: Jul 2009
Posts: 15,887
From: Disneyland, Dubai
May 1st 2019 | 6:31 pm
#9
Knee deep and rising
Joined: Sep 2011
Posts: 3,005
Re: Is the dream dead?
As a western expat I don't believe any region is capable of providing a long term gold plated lifestyle, surely the cycle is that the region improves to the point where foreign mercenaries are no longer required and then the lucrative opportunities disappear.
Dubai 2.0 is the land of opportunity for people coming from India or similar places, the moment has passed for the the run of the mill 48 year old red nosed engineer, unless he is prepared to readjust to that new reality.
Dubai 2.0 is the land of opportunity for people coming from India or similar places, the moment has passed for the the run of the mill 48 year old red nosed engineer, unless he is prepared to readjust to that new reality.
May 1st 2019 | 6:39 pm
#10
Lost in BE Cyberspace
Joined: Jul 2009
Posts: 15,887
From: Disneyland, Dubai
Re: Is the dream dead?
As a western expat I don't believe any region is capable of providing a long term gold plated lifestyle, surely the cycle is that the region improves to the point where foreign mercenaries are no longer required and then the lucrative opportunities disappear.
Dubai 2.0 is the land of opportunity for people coming from India or similar places, the moment has passed for the the run of the mill 48 year old red nosed engineer, unless he is prepared to readjust to that new reality.
Dubai 2.0 is the land of opportunity for people coming from India or similar places, the moment has passed for the the run of the mill 48 year old red nosed engineer, unless he is prepared to readjust to that new reality.
Dubai may revert back for the few if oil prices remain high and the locals get fed up with the Indians mismanaging everything but that remains to be seen. A gold rush for the masses is over - it’s quite interesting to see the marginal westerners get flushed out by the realities of a tough macro environment.
Last edited by Millhouse; May 1st 2019 at 6:41 pm.
May 1st 2019 | 7:10 pm
#11
Lost in BE Cyberspace
Joined: Nov 2012
Posts: 9,740
From: bute
Re: Is the dream dead?
Dubai was never a frontier. Small-town Saudi Arabia - there is the challenge.. Not for softies ! No snowflakes there !
May 1st 2019 | 7:55 pm
#12
Lost in BE Cyberspace
Joined: Jul 2009
Posts: 15,887
From: Disneyland, Dubai
Re: Is the dream dead?
Heard today that 150 people have been let go from the Burj al Arab, with jumeriah also letting more go from other properties - all nationalities affected not just the expensive ones.
May 1st 2019 | 9:11 pm
#13
BE Forum Addict
Joined: Feb 2007
Posts: 1,202
From: Kuwait
Re: Is the dream dead?
Where is the next gravy train for UK expats ?
May 1st 2019 | 9:16 pm
#14
Account Closed
Joined: Feb 2011
Posts: 0
Re: Is the dream dead?
Agree with your comments on Dubai. It's KSA next though.
