The United Arab Emirates (UAE) has approved a new remote work visa for people who work from all over the world to live and work in the country remotely even if the companies are based in another country.
The UAE has taken several measures to attract wealthy foreigners as the COVID-19 pandemic and low oil prices have hit its economy, particularly that of business and tourism hub Dubai.
Vice-President Sheikh Mohammed bin Rashid Al Maktoum, who is also Dubai’s ruler, said in a Twitter post on Sunday that a new work visa would cover such professional workers. He added the cabinet had also approved a multiple-entry tourist visa for all nationalities.
“During a cabinet meeting I chaired, we approved a new Remote work Visa that enables employees from all over the world to live and work remotely from the UAE even if their companies are based in another country,” He tweeted.
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“We are working with clear objectives to boost our economic status globally and provide the best quality of life to our citizens and residents,” He added.