Whilst most people are aware that Sharia law is the legal framework used in the GCC countries, not all expats have realised that this can affect them and their money.
- Did you know that on death your bank accounts and assets in the UAE will be frozen?
- Did you realise that your spouse, or other family members, may not get access for many months? Or that they may only get a small percentage?
- Are you aware that your assets may not automatically go to your spouse?
November 2020. Some information in this article has been superceded by new legislation so please see this article for the lastest details regarding the laws on death while in the UAE:
New personal laws in the UAE but what do they really mean for you?