Investors Are Flocking To The UAE Due To The New Visa Regulations And Ease Of Doing Business
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Investors Are Flocking To The UAE Due To The New Visa Regulations And Ease Of Doing Business

Last Updated on: 4th July 2023, 07:59 am

Investors Are Flocking To The UAE Due To The New Visa Regulations And Ease Of Doing Business

The United Arab Emirates (UAE) has started attracting more foreign investment after the government changed visa rules and provided support to investors in terms of facilitating business.

Business Link, a UAE-based business consultant, revealed in its report that it has received many inquiries about the UAE Gold Visa, Silver Visa, Investor Visa, and Freelancer Visa, attracting the interest of wealthy people reflects.

Other important reasons for the interest of wealthy investors in the UAE are its pro-business policies, allowable tax regimes, and strategic location.

Business Link CEO and founder Hatel El Safty said the UAE’s long-term focus has made it a hub for foreign investment, adding that 2023 will see more investment from global companies.

The UAE will also set up Special Economic Zones (SEZs) this year, targeting specific industries including technology, manufacturing, and financial services. In addition, the UAE government has launched several projects such as the Emirates Development Bank (EDB) to support small and medium-sized enterprises (SMEs) in the country.

SME initiatives in Dubai offer to mentor and networking opportunities to help them grow and be sustainable.

Also Read: UAE Announces Massive Increase in Visa Fees And Changes To Visit Visa Regime

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