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IMPACT – MEDIUM
The Emirati government has created a new residence visa for foreign nationals wanting to retire in the United Arab Emirates.
Key Points:
BAL Analysis: The retiree visa scheme will allow qualifying foreign nationals who have worked in the UAE to stay in the country after retirement. Authorities hope the new program will boost foreign investment in the country. BAL will continue to monitor retirement visa developments and will provide more information as it becomes available.
This alert has been provided by the BAL Global Practice group. For additional information, please contact berryapplemanleiden@bal.com.
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