The Federal Government of the UAE approved a new system that allows employees to reside to work remotely in companies abroad, a system that the Emirate of Dubai launched in October. The UAE had adopted measures to attract wealthy foreigners as the economy, especially in the business and tourism center of Dubai, was affected by the Covid-19 pandemic and low oil prices.
The Vice President of the UAE, Prime Minister and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, commented that "the new work visa will cover such specialized workers," explaining that "the government has also approved a multi-entry tourist visa for all nationalities."
He continued: "Our goals are clear, and our teams continue day and night to consolidate our international economic and political position, and to establish a quality of life that is the best in the world for our people and for all residents on our land."
The residency of foreigners, who make up the majority of the Emirates' population of nine million, has been linked in most cases so far to work inside the country. A large number of foreigners, whom Dubai needs to support demand in the real estate, service and retail sectors, left last year after jobs were scrapped. The Dubai Chamber of Commerce and Industry expects real estate sales in the UAE to rise by 13 percent this year, to reach $58 billion by the end of 2021.
Source (Al-Arabiya.net, Edited)
