Q: I have a loan of AED 40000. I have paid for 4 months already. I need to move to another country with the job. I want to pay the rest from outside the UAE… A: There should be no issue if you leave the UAE if you continue to pay the monthly installments. Discuss this subject with the bank…

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Is it possible to pay loan installments from outside the UAE due to relocation?

I have a loan of AED 40000. I have paid for 4 months already and currently, I need to move to another country with the job.

I want to pay the rest from outside the UAE. Is it possible?

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Elnaggar & Partners

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9 Aug 2021, 10:07

Dear Questioner,

There should be no issue if you leave the UAE if you continue to pay the monthly installments.

However, I would suggest you discuss this subject with the bank and get their confirmation in writing.

Best regards,

Raluca Gatina

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