According to Kearney's 2023 Foreign Direct Investment Confidence Index, the UAE is the top rising market in the Middle East and North Africa and third overall, behind China and India (FDICI). According to the ranking, the fourth-ranked economy in the Middle East is Qatar, followed by Saudi Arabia in sixth place, Egypt in fourteenth place, Turkey in fifteenth place, and Morocco in sixteenth. To give...
Yes, these extended notices are being issued by landlords and property owners as a result of Dubai's extraordinary demand for developed property. These property owners/sellers want to make sure that after a contract is signed with the new buyer/tenant, they won't have to wait around for the property to be vacated by giving 12-month notices. Due to the high demand, villas in Dubai that are "empty on...
The changes extend the categories of beneficiaries while streamlining the eligibility requirements. The much-coveted visa allows its holders to stay outside of the UAE for as long as necessary without it having an impact on their residency. In the past, residents who spent six months or more away from the UAE forfeited their residency. Investors, business owners, remarkable talent, scientists,...