The UAE has adopted law amendments that will allow granting Emirati citizenship to investors, specialised talents and professionals including doctors, scientists, engineers, artists, authors, and their families.
Imran Farooq, CEO, Samana Group told Gulf Today that this is a breakthrough announcement by the UAE leadership that the investor community has been looking for, as the permanent residency will enhance ease of doing business.
“The new amendment in the UAE’s citizenship law for foreigners will boost FDI and multi-lateral trade as well as it will have a positive impact on the banking sector.
“With this law the UAE offers an amazing lifestyle, easy of doing business, safe and clean environment. Citizenship was the only missing element to be the part of the country.
“UAE passport is one of the best passports in the world, which allows visa-free travel to 118 countries. Businesses who are based in the UAE can now expand their investment porfolios in the local as well as in international markets.
“Combined with massive vaccination drive, Expo 2020, the new visa regime and Emirati citizenship to foreigners are the strategic moves for the economic boom in the UAE,” Farooq concluded.
Bu hikaye Gulf Today dergisinin February 01, 2021 sayısından alınmıştır.
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Bu hikaye Gulf Today dergisinin February 01, 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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