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Cancelling All Accounts Before Leaving the UAE: A Guide for Expats

When relocating from the United Arab Emirates (UAE), it is essential to cancel all accounts before leaving the country to avoid legal or financial obligations. This process may seem overwhelming, but with proper planning and research, it can be a smooth and stress-free experience. Before leaving the United Arab Emirates, make sure to cancel all of your accounts, including credit card, bank, and loan accounts. This article offers a thorough guide on how to do this.

Before leaving the UAE, individuals should initiate the settlement and cancellation of loans, overdrafts, and credit cards at least two to three months in advance. This process may take around two months to complete, so it is essential to plan accordingly. Individuals should also ensure that they have a bank clearance letter to submit to their employer, confirming that all outstanding debts have been settled.

Most banks in the UAE require individuals to visit a branch in person to initiate the account closure request. If an individual is abroad, some lenders allow them to apply for account closure from their registered email address. In the email, they should mention the details of the account they want to close and the reason for the closure. Paying any dues before leaving the UAE is crucial, as failure to do so may result in a prison sentence. Closing and clearing debts should be on the list of things to complete before departing the UAE.

Preparation for Departure

Before leaving the UAE, there are several important steps that individuals need to take to ensure a smooth departure. This section outlines some key considerations that individuals should consider when preparing to leave the country.

Employment Termination

If an individual is employed in the UAE, they must give notice of their intention to terminate their employment contract. According to the UAE Labour Law, the notice period is usually 30 days. However, this may vary depending on the terms of the employment contract. Individuals should comply with the notice period and other requirements specified in their employment contract.

Upon termination of employment, individuals are entitled to receive a gratuity payment from their employer. The length of service and the most recent salary received are used to determine how much gratuity is due. Individuals should ensure that they receive their gratuity payment before leaving the country.

Residency Visa and Emirates ID

Individuals with a residency visa and Emirates ID must cancel these documents before leaving the country. The visa cancellation process involves several steps, including receiving a clearance certificate from the Ministry of Human Resources and Emiratisation, settling any outstanding fines, and returning the residency visa to the immigration system.

To cancel the Emirates ID, individuals must visit an Emirates ID service center and submit their ID card and a cancellation request. The cancellation process usually takes a few days to complete.

In conclusion, individuals planning to leave the UAE must take several important steps to ensure a smooth departure. Following the guidelines outlined in this section, individuals can avoid unexpected complications and exit the country without any hassle.

Financial Obligations

When leaving the UAE, it is essential to make sure that every financial obligation is resolved to avoid future legal or financial troubles. This section will discuss the various financial obligations that need to be taken care of before leaving the UAE.

Bank Accounts and Credit Cards

One of the first financial obligations to take care of before leaving the UAE is to close all bank accounts and cancel all credit cards. This will ensure that there are no outstanding balances or fees that may accumulate over time. It is important to obtain a bank clearance letter from the bank to serve as evidence of account closure.

Settling Debts and Loans

Clearing all debts before leaving the UAE is paramount. Non-payment of debt is considered a criminal offense and can result in arrest and a possible prison sentence. Obtaining a clearance certificate from the lender as proof of debt clearance is recommended. This includes all types of car loans, personal loans, and overdrafts.

It is advisable to seek the help of a financial adviser or a lawyer to ensure that all debts are settled before leaving the UAE. They can guide you on how to clear outstanding balances and obtain clearance certificates from lenders.

In conclusion, taking care of all financial obligations before leaving the UAE is crucial. This includes closing bank accounts, canceling credit cards, settling debts and loans, and obtaining clearance certificates. Failure to do so may result in legal or financial troubles in the future.

Housing and Utilities

Tenancy and Property

Before leaving the UAE, it is essential to cancel the tenancy contract and clear all the remaining rent cheques. According to Article 7 of Dubai’s RERA tenancy law, the tenant and the landlord must mutually agree to break the contract before the end of the renting period. Therefore, it is necessary to notify the landlord about the intention to terminate the contract and follow the proper cancellation process.

The notice period for termination varies according to the tenancy contract. It is important to check the contract to know the notice period and the grace period allowed. The security deposit should also be returned after the property is inspected.

Utility Services Closure

To avoid any issues with the utility providers, it is important to notify them about the intention to cancel the services. The final bills should be cleared before leaving the UAE. The utility providers include DEWA, Etisalat, and DU Telecom.

To cancel the electricity and water connections, contacting the respective providers and following the cancellation process is necessary. The Sharjah Electricity and Water Authority (SEWA) and Abu Dhabi Distribution Company (ADDC) are the providers for Sharjah and Abu Dhabi, respectively. The Federal Electricity and Water Authority (FEWA) is the provider for other emirates.

In conclusion, canceling the housing and utility services before leaving the UAE is crucial to avoid legal issues or financial liabilities. It is important to follow the proper procedures and notify the providers and landlords to ensure a smooth exit from the country.

Personal and Household Affairs

Selling and Donating Assets

When leaving the UAE, selling or donating possessions that will not be taken along is important. One can advertise online classifieds or social media platforms to reach potential buyers. Alternatively, one can donate furniture to second-hand furniture shops or charity organizations. One can sell cars to a dealer or through a private sale.

Logistics and Relocation

To facilitate a smooth relocation process, one can hire an agent to assist with shipping and homebound packing. The agent can help with the necessary paperwork and guide you through the best shipping options. It is important to plan well to avoid last-minute rush and ensure everything is in order. For those with pets, it is important to make arrangements for their relocation as well.

Overall, canceling all accounts before leaving the UAE requires careful planning and execution. Following the necessary steps ensures that all personal and household affairs are handled before departure.

Telecommunications and Contracts

When leaving the UAE, canceling all telecommunications contracts, including mobile and internet subscriptions, is important. This will ensure that you are not charged for services you are no longer using and that you do not face any legal issues for non-payment of bills.

Mobile and Internet Contracts

To cancel your mobile and internet contracts, contact your service provider, Du Telecom or Etisalat. You can visit their closest branch or give their customer service hotline a call to accomplish this. You will need to provide your mobile number and other relevant details to cancel your subscription.

It is significant to remember that if you terminate your contract before the predetermined period ends, you might have to pay an early termination fee. Depending on your contract and how long your subscription is left, this cost may change.

Once your contract has been canceled, you should return any SIM cards or equipment you rented from your service provider. You should also settle any outstanding bills or fees before leaving the country.

In conclusion, canceling your telecommunications contracts is important before leaving the UAE. By following the proper procedures and settling any outstanding bills, you can avoid legal issues and ensure a smooth transition out of the country.

Legal and Administrative Tasks

Clearance and Legal Documentation

Before leaving the UAE, it is important to ensure that all legal and administrative tasks are completed. This includes obtaining clearance certificates, settling outstanding fines, and securing all necessary legal documentation.Cancelling All Accounts Before Leaving the UAE

Clearance Certificates

To obtain a clearance certificate, individuals must first settle all outstanding fines and debts. This includes traffic fines, Salik payments, and any other debts owed to banks or financial institutions. Once all debts have been settled, individuals can apply for a clearance certificate from the relevant government authority.

Legal Documentation

Individuals should ensure that they have all necessary legal documentation before leaving the UAE. This includes valid passports and visas and any other documents required by their sponsor or employer. It is also recommended that receipts be given for all payments made and any power of attorney or legal agreements.

Lawyer

If individuals encounter any legal issues or are unsure about the legal requirements for leaving the UAE, it is recommended to consult with a lawyer. A lawyer can guide legal documentation and assist with any legal issues.

In summary, obtaining clearance certificates, settling outstanding fines, and securing all necessary legal documentation are important legal and administrative tasks that individuals should complete before leaving the UAE. It is also recommended to consult with a lawyer if any legal issues arise.

Frequently Asked Questions

How can I close my bank accounts from abroad after leaving the UAE?

Most banks in the UAE require that you visit a branch in person to initiate the account closure request. However, some lenders allow you to apply for account closure from your registered email address if you are abroad. It is advisable to contact your bank to inquire about their specific procedures for closing an account from abroad.

What are the procedures for canceling utility services before I exit the UAE?

To cancel utility services, visit the respective service provider and submit a termination request. This can be done in person or online, depending on the provider. You will need to settle any outstanding bills and return any equipment the service provider provides.

Is it necessary to cancel my UAE visa before departing the country?

You must cancel your UAE visa before leaving the country. This can be done through your employer or the General Directorate of Residency and Foreigners Affairs (GDRFA). Failure to cancel your visa can result in fines and other legal consequences.

What are the consequences of not canceling my residence visa upon leaving the UAE?

If you do not cancel your residence visa upon leaving the UAE, you may face fines and other legal consequences. Additionally, you may not be able to return to the UAE in the future.

Can I be charged for not closing my Emirates NBD account before leaving the UAE?

Yes, you can be charged for not closing your Emirates NBD account before leaving the UAE. It is important to settle any outstanding balances and initiate the account closure process before leaving the country.

What steps should I follow to ensure all my financial accounts are properly closed before I leave the UAE?

To ensure all your financial accounts are properly closed before leaving the UAE, follow these steps:

  • Contact your bank to inquire about their specific account closing procedures.
  • Settle any outstanding balances on all accounts.
  • Cancel any utility services and return any equipment the service provider provides.
  • Cancel your UAE visa through your employer or the GDRFA.
  • Ensure all necessary documentation is secured and confirmed for closure.

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أحمد البطراوى، مؤسّس منصة الشرق الاوسط العقارية و منصة مصر العقارية ،التي تهدف إلى تبسيط عمليات التداول العقاري في الشرق الأوسط، مما يمهّد الطريق لفرص استثمارية عالمية غير مسبوقة

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