Leaving Qatar without paying off a Bank car loan
Need your help.
Could anyone explain to me the Qatar regulatons for Expats working in Qatar wishing to leave with a car that was bought through a bank loan.
I heard someone was able to ship his car to his home country two months after buying it through a bank loan in Douha. Is that possible? and how will the Bank get its money if the person decides to quit his job and return home.
every country I ever have lived in, will not even let you take the car across the border if it is still bank owned. That's down right shady like being a theif isn't it?
some countries maybe Qatar is one of them won't even let you out if you owe debts. Or if you try to come back are banned.
Better not take the chance like others are saying and give other expats bad rap
people like u is a big burden for other expatriates working in Qatar.pls dont misuse such favors.same thing happened in dubai..now the govt stopped loans to expatriates.
Did you just wake up from your sleep this post is dated 24/03/2008.
Need help
I got a new job in dubai so iwant leave qatar in 1 month.but i took a personal loan 3 months before.Is it possible to leave the country without repaying the amount or whether it can be paid from dubai
behind bars you'll be my friend if you try it :)
- live your life as simple as you are
- money doesn't create man, but it is the man who created money
- don't do what others say, just listen to them, but do what you feel good
You don't own the car until the bank's name is taken off the ownership document.
As Juhnbug said, you will make life more difficult for other expats, including the continued enforcement of the need for exit permits.
Don't even try to export the car.
Hi, as i am using car under bank loan, i think i can shed some light on this subject. First thing is while registering the car (ISTIMARA), it is jointly registered in both owner and bank's name. Upon clearance of your dues with bank, owner of the car will be issued with vehicle loan clearance certificate by the bank. For claiming independent ownership of car, this certificate is to be taken to traffic department and they will issue new (ISTIMARA) by removing bank name from their list. Until your loan is settled, you cannot either sell or take the vehicle outside the country (even by road), as their system will highlight of bank loan.
Asking the question is not bad, but i hope that is not your intention. Do not take something that you do not fully own it, it is just simply not right. Do the right thing pay off your car, and as most people stated here do not get yourself in trouble.
maybe it depends on the bank,because doha bank recquires noc. Lucky Charm
it makes it harder for other expatriats.
dont think to do it please
do you really need noc for annual leaves. I have a personal loan but never had to give an noc anywhere when i went on leave.
pls comment
YOU DONT KNOW ME, DONT EVEN TRY !!!
i feel the same way snowstorm that's why i'm avoiding all that stuff.if you don't know how to handle your credit card,your credit in bank will handle you lol.Lucky Charm
Hope somebody from your bank is not reading this thread now.......
be careful with loans they can get you into big trouble
YOU DONT KNOW ME, DONT EVEN TRY !!!
yes you will need an noc if you will have your annual leave specially if you have a loan in a bank(car loan,cerdit card loan and stuff like that).Lucky Charm
I agree with the majority, do not risk it. Rules in Doha are tough and you might get yourself in touble for slightest things.
Me, Myself, & I
Many thanks. Is the NOC required even when traveling on annual leave.
people like that who run away from their obligations are the ones who mess it up for other expats... be responsible, pay for your financial obligations..
"stands" typo error sorry.Lucky Charm
noc satnds for no objection certficateLucky Charm
Could u plz explain what is NOC. What if the person would leave on his annual leave and then never go back to Qatar giving that he has already shipped the car out of the Country before.
In other words, How will the BAnk or Qatar Authorities trace the person or the car back when He traveled.
With a bank loan, the car is partly yours and partly the banks.
Until a plan is made, the marriage cannot be dissolved without legal action.
It's not possible.Don't take a risk!!!
Mate don't get into troubles..don't keep any financial obligations with Qatar Govt..
It is not possible, because you need NOC from the bank and Mila is right, don't try it...they will put you in jail..
dont try man.. they will put you in jail.
Everybody is right Everybody is wrong, it depend where we stand.