UAE cabinet approves scheme to attract remote workers
The United Arab Emirates Federal Cabinet has approved a new system allowing professionals to reside in the Gulf State while working remotely for employers abroad, a scheme that the Emirate of Dubai launched itself in October.
Vice President Sheikh Mohammed bin Rashid Al Maktoum, who is also the ruler of Dubai, said in a Twitter post on Sunday that a new work visa would cover these professional workers.
He added that the cabinet also approved a multiple entry tourist visa for all nationalities.
“We are working with clear goals to improve our economic status globally and provide the best quality of life for our citizens and residents,” he said.
The residence of foreigners, who make up the majority of the UAE’s 9 million people, has so far been mostly tied to employment within the country, with workers sponsoring families.
Large numbers of foreign workers, needed to support demand in Dubai’s real estate, service and retail sectors, left last year after companies cut jobs.
Dubai’s real estate market has been re-energized by sales of prime properties in recent months, with buyers taking advantage of decade-long low prices, easy financing and an economy open for business despite the pandemic.
Meanwhile, sales in the UAE’s retail sector are expected to grow 13 percent this year, reaching $ 58 billion by the end of 2021, the Chamber of Commerce and Industry said on Sunday. industry in Dubai, as the Gulf State relies on a vaccination campaign and its hosting of the Dubai Expo which starts in October to stimulate demand.