Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Others)
Filter PR by
  
Dubai Expats Urged to Plan for After the Good Life
 
Dubai Expats Urged to Plan for After the Good Life

DIFC Wills & Probate Registry consumer poll reveals expats stay longer than expected in Dubai, but don’t plan to protect their future   

Dubai, United Arab Emirates, 24 November 2016:  The phrase ‘time flies when you are having fun’ has never been truer for residents in Dubai. The DIFC Wills & Probate Registry (WPR) is calling for expats to get on top of their ‘life admin’, as its most recent consumer poll* suggests that most people are staying in Dubai longer than they think, but are failing to safeguard their future. 

According to WPR’s findings 64% of expats stay significantly longer in Dubai than they had originally thought. The majority of respondents have lived here at least three years longer than planned, and a staggering one in ten people have stayed over twenty years longer than they expected. The results also showed fascinating insights into people’s perception of Dubai as their home. More than 70% of respondents agreed that their life is here in Dubai, but nearly 60% of respondents still don’t see Dubai as a permanent home, citing that they will move back or move on to another country at some point in the future. The findings highlight a huge gap between people’s beliefs about their future in Dubai and their everyday reality. 

Life Coach Zeta Yarwood suggests this perception gap affects the way in which people approach their future here. “Dubai is considered a fast-paced city which means time appears to move a lot quicker than expected – this is sometimes referred to as the ‘Dubai Bubble’. People are staying for the great lifestyle, but before they know it ten years pass and they may have acquired a family, property or a business that they hadn’t originally planned for. They have had the time of their lives making the most of what Dubai has to offer, but they haven’t got a grip on their more serious life admin. They must look further ahead.” 

The majority of respondents (77%) agreed that time seems to move faster in Dubai than in their home country, and say that most or all of their friends have stayed longer than planned. However, despite 58% of respondents claiming they had assets in Dubai, little more than 10% have a will registered in this country. 

Sean Hird, Director, DIFC Wills & Probate Registry said, “These insights are fascinating and indicate that Dubai is a place where expats are laying down their roots. It also tells us that it’s time to start taking our future seriously and understand what our options are in Dubai. Since we opened last May we have already registered over 1,700 wills, but we know there are many more non-Muslim residents with assets in Dubai that haven’t taken action to safeguard them. Avoid leaving life admin too late: plan ahead while you can.” 

DIFC Wills & Probate Registry is an initiative of the Dubai government. WPR gives effect to the freedom provided by UAE Personal Status Law which allows non-Muslims the chance to choose what happens to their assets in a simple, secure and confidential process – enabling them to take care of tomorrow. To register your will, visit: www.difcprobate.ae

Posted by : Dubai PR Network Editorial Team
Viewed 14219 times
PR Category : Others
Posted on : Thursday, November 24, 2016  12:06:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : NDIGITEC partners exhibitors at The Big 5 Dubai
Next Story : UAE on course to becoming one of the world's most innovative...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Bourjois Healthy Mix [13213-Views]
Prada Luna Rossa Carbon [13152-Views]
Kids Get Groovy in COÉGA Sunwear Spring/Summer 2017 collection [12603-Views]
Bourjois: Blow a Kiss for Mother's Day [10980-Views]
Introducing NEW Olay Regenerist Microsculpting Cream SPF30 [9974-Views]
Paul Marciano and Al-Futtaim Celebrate GUESS' 35 Year Anniversary with Spectacular Evening... [9870-Views]
Elizabeth Arden: White Tea fragrance [8979-Views]
Elizabeth Arden: Eight Hour® Miracle Hydrating Mist [8632-Views]
Celebrate Life's Key Moments with Mouawad Jewelry [8607-Views]
Gucci Eyewear Spring/Summer 2017 [8448-Views]
Cocktail and Bridal Couture by International Brand Label based in Dubai, Kara by award-win... [7716-Views]
Browz's Lip Blush Treatment is Perfecting the Pout [7436-Views]
Burberry Eyewear: His and Hers [7046-Views]
Ulysse Nardin Jade “Grand Feu” [7033-Views]
Lose the Back Pain at Work [6856-Views]
Doha Bank named ‘Best Trade Finance Bank' in Qatar at Global Finance Awards 2017 [6722-Views]
Clearly Corrective Brightening and Smoothing Moisture Treatment [6667-Views]
IKEA Spreads Cheer on International Day of Happiness [6631-Views]
World's Best Family SUV – the All-New Land Rover Discovery Makes its Debut in the United A... [6210-Views]
Danube Dubai Fashion League showcases stunning designs amidst UAE's fashion elite [6204-Views]
Re - Salons and Spas celebrate Women's Wellness on International Women's Day [5710-Views]
Sharjah Museums to Open Unique Photographic Exhibition of Muslim Communities in China [5447-Views]
SAINT HONORE introduces the first watch made out of steel from the Eiffel Tower [5246-Views]
Hassan Al Qayedi, Afra Al Badi emerge champions in Fazza Championship for Shooting Saktoun... [5063-Views]
Etihad Airways Crowns Winner of ‘Taste the World' at Taste of Hong Kong [4953-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories