However, in the contract it is stated that in case I terminate the contract in less than a year I have to pay the visa expences, health insurance etc so the first question is how much would that approximately be and second the company which is very known in Dubai requires you to leave the passport with them and it will be returned once you have paid the above. Is that safe to do? cause I heared different stories.
Yes, Keeping A Passport As A Safety measure, is a standard procedure in a lot of companies, and yes, a lot of companies here pass the visa expenditure and recruitment costs to the employee if he decides to terminate the contract.
visa fees should be around dhs 300. how much your healthinsurance is, i don't know. (i never heard about that, do you mean the fees for your medical for the visa?) ask your hr department. keeping passports is against the law, but many companies do that. you do not have to agree to that, cause that means a travel ban on you and that is not acepted. it's a difficult situation. i never would hand my passport over, on the other hand, could be possible you don't get the job, when you don't agree.
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