The United Arab Emirates has updated its visa rules, affecting work, investment and innovation, as the country looks to boost its competitive edge. The latest revision has seen the introduction of a five-year Green Visa, with skilled workers, the self-employed and investors set to benefit.
Shiraz Sethi, Regional Head of Employment at Dentons & Co, says there has been a push by the UAE government to ensure the employment landscape there is forever changing. He revealed remote and temporary work were requirements that needed to be addressed off the back of the pandemic. He told Euronews, “These were things that were not part of the UAE labour law previously and so this has really propelled the UAE as a place to work because it's giving people of all different backgrounds and diversities [the opportunity] to come in and work within the UAE.”
Previous renewals for working visas were needed every two to three years with a sponsor. This new five-year visa comes with more stability and flexibility, while at the same time creating a more competitive talent pool. Advantages include
The move comes as the country recently welcomed a 10-year Golden Visa for exceptional talent, investors, skilled workers and entrepreneurs. These new visa tracks are the biggest changes ever seen in the country’s immigration policy to date.
The world of freelance and a better work-life balance has become increasingly popular off the back of the pandemic. To capitalize on the new rules, companies now need to think differently according to Ali Draycott, a freelancer and Founder of Ali Draycott Ideas.
Employers need to think more about setting out challenges… freelancers are brilliant at addressing challenges. They want challenges in their portfolio… they're not in it for a professional job title. They want to meet your needs.
With unemployment on the rise globally, these new regulations mean the UAE is fast becoming a more attractive working destination. Due to the economy globally going through a challenging period with high inflation rates, an increase in interest rates and unemployment, the UAE is now an attractive option according to Shiraz Sethi, Regional Head of Employment at Dentons & Co.
The UAE provides a really stable platform at this particular moment in time with these new initiatives… to attract the best talent from around the world, to come into the UAE and take advantage of a great working environment.
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