Does it work both ways?
Posted: Sun Oct 25, 2015 2:26 pm
We are all aware of the "rip-offs"in Egypt with regard to foreigners and ex-pats.
A lot of them lose money,self-respect,retirement funds,etc,be it through investing in property,marriage or business ventures,etc.
Many complain of the time it takes to get these problems sorted,Egyptian law,Egyptian lawyers,the disappearance of the culprit,their recourse to justice and repayment,etc.
So..can this work both ways?
A hypothetical question.
What happens if a foreigner moves to Egypt and invests in any kind of deal..then the whole thing just goes "tits up?"
Rather than go through a lengthy,complicated legal procedure (which will probably cause them a great deal of mental and physical)distress,they decide "sod-it",I'll cut my losses.
What if they hold property leases,rent their flat,have incurred debts through failed business ventures..and decide to come "home"for a holiday?
Then they decide that they don't want to return to Egypt and suffer all that stress again.So,they don't go back.
What happens?
Does anyone "chase"them up?
Can they break lease agreements,leave debts behind,etc?All for "peace of mind"and their own sanity?
Or would Egyptian authorities "be in touch?"Does UK and Egypt have any sort of reciprocal agreement on such matters?
Can you or would you ever consider this course of action(let's forget for a moment that we are all allegedly law abiding honest people!)
Or would your conscience tell you it's not the right thing to do..so you would "fight on"and possibly suffer a nervous breakdown at the end of it?
A lot of them lose money,self-respect,retirement funds,etc,be it through investing in property,marriage or business ventures,etc.
Many complain of the time it takes to get these problems sorted,Egyptian law,Egyptian lawyers,the disappearance of the culprit,their recourse to justice and repayment,etc.
So..can this work both ways?
A hypothetical question.
What happens if a foreigner moves to Egypt and invests in any kind of deal..then the whole thing just goes "tits up?"
Rather than go through a lengthy,complicated legal procedure (which will probably cause them a great deal of mental and physical)distress,they decide "sod-it",I'll cut my losses.
What if they hold property leases,rent their flat,have incurred debts through failed business ventures..and decide to come "home"for a holiday?
Then they decide that they don't want to return to Egypt and suffer all that stress again.So,they don't go back.
What happens?
Does anyone "chase"them up?
Can they break lease agreements,leave debts behind,etc?All for "peace of mind"and their own sanity?
Or would Egyptian authorities "be in touch?"Does UK and Egypt have any sort of reciprocal agreement on such matters?
Can you or would you ever consider this course of action(let's forget for a moment that we are all allegedly law abiding honest people!)
Or would your conscience tell you it's not the right thing to do..so you would "fight on"and possibly suffer a nervous breakdown at the end of it?