UAE Cabinet Approves 10-Year Visas And Will Allow 100% Foreign Ownership By Year-End
THE UAE CABINET has approved a new long-term visa for international investors and talented professionals and is set to introduce an investment law allowing 100 per cent foreign ownership this year, according to an official announcement.
State news agency WAM said UAE Vice President and Prime Minister and Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum directed the Ministry of Economy to implement the resolution and submit a detailed study in the third quarter.
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