12. Debt Issues
Dubai is the city of big dreams and even bigger skyscrapers, but it’s also a place where debt can turn into a nightmare. Believe it or not, bouncing a check or defaulting on a loan can lead to jail time, thanks to the emirate’s strict financial laws. It’s not uncommon to hear stories of expats who’ve had to abandon their luxury cars at the airport to flee debt collectors and potential arrest.
But things are starting to change. The government is trying to make laws that are less harsh on people who owe money. Plus, some grocery stores in Dubai are now giving free food to people who need it, particularly following a dip in tourism during 2020-2021 that left stores with excess food. So, if you’re thinking of going to Dubai, make sure you know the rules about money to avoid any problems.