This week brought huge news from the UAE cabinet on implementation of a visa overhaul! The UAE cabinet is making strong moves to encourage skilled workers to the country and the visa overhaul is a huge step in this direction. Golden visas becoming easier to gain and green visas being available for visa holders' family members is excellent news. Not to mention visas for property investors - you can read all about it below!
In this bite size episode of Taking Care of Business, Lewis and Carl discuss the new Golden Visa updates which make it easier for residents to live in Dubai for the long term, and the implications this will have on the market.
They also discuss the new level of transparency created by the Dubai Land Department’s open source platform, which well and truly confirms that the market is booming!
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The UAE cabinet has implemented an array of new visas offering expats more of an opportunity to trial Dubai and to encourage skilled professionals to settle in the country!
What will this mean for the real estate industry?
Source: The National
Rental prices are high so get an expert opinion on some of the best rental communities in the city.
Source: The National
Lewis Allsopp, CEO of Allsopp & Allsopp explains how virtual technology will advance in Dubai and have positive effects on the economy and the way people do Business in the city.
Source: Middle East Construction News
The UAE has released brand new 10 and 5 dirham notes which will be in circulation within the next week! The new bank notes are eco-friendly and recyclable and even come with special features to combat counterfeiting.
Source: Lovin Dubai
Start making your plans! Eid holiday dates have been announced for both the private and public sectors.
Source: Arabian Business