Monday, February 1, 2021

The UAE is now offering citizenship to foreigners, and the economic gains could be ‘transformative’

 The United Arab Emirates announced that Emirati nationality will now be attainable for foreigners, in a major first for the region.

CNBC

The move is a significant change in direction for a country whose economy relies heavily on expatriates, for whom residency is typically contingent on their employment visas. 

The UAE passport, which is ranked as one of the best in the world for mobility, will be offered to select foreigners and professionals including “investors, doctors, specialists, inventors, scientists, talents, intellectuals, artists and their families,” according to the announcement. 

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