58% of expats concerned about having to leave suddenly

What are expats in the UAE most concerned about when it comes to their finances and life?

We really wanted to know.

You see, our motto is to create personal success stories with you at the very heart of them. To do our job, we needed to know what was worrying you.

So we decided to do something about it. We launched a far-reaching campaign to get in touch with you, and find out more about your top of mind financial worries.

We spoke to existing clients, and prospective ones. Reached out to veteran expats and those of you just starting your expat life adventure in UAE.

And here’s what we found — a full 58% of you were concerned about having to leave your expat life in UAE suddenly. Maybe due to an unexpected event back home. Or a sudden dip in the market leading to the loss of a job. If anything, longer-term expats were more anxious about sudden disruption.

You were worried about having the financial health and stability to withstand the unexpected. So we decided to help — just as we’ve personally helped many of you plan and achieve financial resilience.

We have created a financial guide that helps you ensure you are in safe hands and know what to look out for and subsequently avoid! An adviser will think about ways to build resilient shock-proof finances that will see you through disruption. We addressed common concerns, and set you on track to ask your advisers the hard questions — such as:

• How can I protect my family if I lose my job?
• Where’s the best place to keep my savings so I can access them from back home?
• How can I build financial resilience?

If you’re an expat in the UAE concerned how a sudden departure might impact your finances or family, get in touch.

About Mike Coady

Mike Coady is an expat expert based in Dubai and is on hand to help with all of the above and more.

Mike is an award-winning money coach and industry leader in the financial sector.

Qualified to UK Financial Conduct Authority (FCA) standards, a member of the Chartered Insurance Institute, a Fellow of the Institute of Sales Management (FISM), a Fellow of the Institute of Directors (FIoD) and featured as a highly qualified Financial Adviser in Which Financial Adviser.

To learn how to choose a great financial adviser, download our free guide.

For more insights, further advice or guidance, you can get in touch HERE.

Blog published by Mike Coady.