Luxury high spectacle cars left abandoned by British expats who fear being jailed because of debts, Daily Mail Online
Dumped in Dubai: The luxury high spectacle cars left abandoned by British expats who fear being jailed because of debts
Published: 11:42 BST, twenty eight August two thousand twelve | Updated: 03:00 BST, thirty August two thousand twelve
They were once status symbols for wealthy Brits living the millionaire lifestyle in Dubai.
But now, they are just powerful pictures displaying how the worldwide economic crash has left even the rich financially ruined.
These high-performance cars have been left abandoned at the airport by expats who fear being jailed because they are in debt.
Sign of the times: Thousands of high-performance cars have been left abandoned at Dubai airport by expats who fear being jailed because they are in debt. This is a Ferrari Enzo worth £1million
Dusty: Another luxury car left dumped is this Honda NSX which was worth about £75,000
Dumped: Instead of facing possible jail sentences under the stringent debt laws in Dubai, many Brits have determined to comeback home, without even bothering to sell on the cars. This is a Jaguar XJ220 worth £200,000
Instead of facing possible jail sentences under the rigorous debt laws in Dubai, the Brits have determined to come back home, without even bothering to sell on the cars.
Luxury cars which have been left at the airport with the keys in the ignitions include Mercedes, Audi’s and Jaguars.
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But by far the fattest surprise to police in the wealthy oil-rich state was the discovery of a £1million Ferrari Enzo.
Just three hundred ninety nine of the powerful vehicles were built – with four presently on sale in the UK for inbetween £775,000 and £1.5m.
Abandoned: Luxury cars which have been left at the airport with the keys in the ignitions include Mercedes, Jaguars and this Ferrari
Incredible: More than Three,000 cars were found abandoned last year, which were then sold on by police or scrapped, including this Audi
They have a six-litre engine and top speed of 217mph.
Speaking to The Sun, one expat explained that the financial crisis was the reason behind the cars being left at the airport, with many people eyeing their finances leisurely drain away.
Harsh: A rising number of business dudes and women have been sent to jail in Dubai for going into debt. So instead of facing time behind bars, many Brits simply opt to leave and comeback home
Rigorous SHARIA LAW RESULTS IN SKINT EXPATS FLEEING FOR HOME
Dubai is governed by rigorous Sharia laws which can see people sent to prison for being in debt.
An average of Two,500 people left the United Arab Emirates every month last year because of unpaid debts. This includes eight per cent of the expat population.
Writing a cheque which bounces is a criminal offence and there are no clear bankruptcy laws. This means that banks can be inflexible and unclear on repayments of loans.
However, for those Brits who leave Dubai without paying their debts they could still end up in trouble.
Once they have left the UAE, a creditor could pass a criminal file onto Interpol.
He said: ‘If you are landed with a big bill, the danger is your financial plight will be exposed.
‘Attempting to sell your car to foot your bills is all well and good, but that takes time.
‘It’s lighter to simply scarper.’
Exceptionally, more than Trio,000 cars were found abandoned last year.
They were then sold on by police or scrapped.
A rising number of businessmen and women have been sent to jail for debt in Dubai.
Even bouncing a cheque is a criminal offence.
An average of Two,500 people left the United Arab Emirates every month last year, often leaving behind unpaid debts.
Amazingly, this has resulted in almost eight per cent of the expat population already leaving.
It is believed this will increase even further.
Stringent: Even bouncing a cheque is a criminal offence in Dubai, highlighting how harsh the laws can be. This is a Nissan Skyline
Coming home: Many Brits determine to leave rather than attempt to sell their cars to pay off debt, which can often take some time
Luxury high spectacle cars left abandoned by British expats who fear being jailed because of debts, Daily Mail Online
Dumped in Dubai: The luxury high spectacle cars left abandoned by British expats who fear being jailed because of debts
By Anthony Bond 11:42 BST twenty eight Aug 2012, updated 03:00 BST thirty Aug two thousand twelve
They were once status symbols for wealthy Brits living the millionaire lifestyle in Dubai.
But now, they are just powerful pictures displaying how the worldwide economic crash has left even the rich financially ruined.
These high-performance cars have been left abandoned at the airport by expats who fear being jailed because they are in debt.
Sign of the times: Thousands of high-performance cars have been left abandoned at Dubai airport by expats who fear being jailed because they are in debt. This is a Ferrari Enzo worth £1million Dusty: Another luxury car left dumped is this Honda NSX which was worth about £75,000 Dumped: Instead of facing possible jail sentences under the stringent debt laws in Dubai, many Brits have determined to comeback home, without even bothering to sell on the cars. This is a Jaguar XJ220 worth £200,000
Instead of facing possible jail sentences under the rigorous debt laws in Dubai, the Brits have determined to comeback home, without even bothering to sell on the cars.
Luxury cars which have been left at the airport with the keys in the ignitions include Mercedes, Audi’s and Jaguars.
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But by far the largest surprise to police in the wealthy oil-rich state was the discovery of a £1million Ferrari Enzo.
Just three hundred ninety nine of the powerful vehicles were built – with four presently on sale in the UK for inbetween £775,000 and £1.5m.
Abandoned: Luxury cars which have been left at the airport with the keys in the ignitions include Mercedes, Jaguars and this Ferrari Incredible: More than Trio,000 cars were found abandoned last year, which were then sold on by police or scrapped, including this Audi
They have a six-litre engine and top speed of 217mph.
Speaking to The Sun, one expat explained that the financial crisis was the reason behind the cars being left at the airport, with many people observing their finances leisurely drain away.
Harsh: A rising number of business boys and women have been sent to jail in Dubai for going into debt. So instead of facing time behind bars, many Brits simply opt to leave and come back home
Stringent SHARIA LAW RESULTS IN SKINT EXPATS FLEEING FOR HOME
Dubai is governed by stringent Sharia laws which can see people sent to prison for being in debt.
An average of Two,500 people left the United Arab Emirates every month last year because of unpaid debts. This includes eight per cent of the expat population.
Writing a cheque which bounces is a criminal offence and there are no clear bankruptcy laws. This means that banks can be inflexible and unclear on repayments of loans.
However, for those Brits who leave Dubai without paying their debts they could still end up in trouble.
Once they have left the UAE, a creditor could pass a criminal file onto Interpol.
He said: ‘If you are landed with a big bill, the danger is your financial plight will be exposed.
‘Attempting to sell your car to foot your bills is all well and good, but that takes time.
‘It’s lighter to simply scarper.’
Amazingly, more than Trio,000 cars were found abandoned last year.
They were then sold on by police or scrapped.
A rising number of businessmen and women have been sent to jail for debt in Dubai.
Even bouncing a cheque is a criminal offence.
An average of Two,500 people left the United Arab Emirates every month last year, often leaving behind unpaid debts.
Amazingly, this has resulted in almost eight per cent of the expat population already leaving.
It is believed this will increase even further.
Rigorous: Even bouncing a cheque is a criminal offence in Dubai, highlighting how harsh the laws can be. This is a Nissan Skyline Coming home: Many Brits determine to leave rather than attempt to sell their cars to pay off debt, which can often take some time
