The UAE plans to introduce special privileged visas for foreign businessmen investing in the country's economy. It is expected that this step will lead to an increase in the influx of foreign direct investment in the UAE, including in real estate. The duration and cost of such visas have not yet been announced.
"The Ministry of the Interior is considering a proposal to grant business people" golden visas ", and we plan to do this at the federal level," said Muhammad Ahmed Al Marri, head of the Directorate for Naturalization and Foreigners. It is worth recalling that this system operates in several European countries, including the UK, Spain and Portugal.
