UAE’s new visa regime to encourage residents to stay for a longer period
The UAE has introduced many new long-term residency permits including Golden Visa, Green Visa, Retirement Visa and Freelance Visa for investors, property buyers, students and professionals to attract the best talent from around the world.
The UAE for a long time has been seen as a transient place, where professionals spend a year or two and then migrate to other countries. However, the introduction of long-term visas will increase the country’s appeal among skilled and professional workers from the Gulf, Asia and African regions.
Human resources industry executives noted that the time span of residents in the UAE has increased to over five years and is set to grow further as the country strengthened its position to one of the safest during the pandemic.