ABU DHABI // A new entry visa system aimed at attracting qualified and talented professionals to the UAE was approved by the Cabinet on Sunday.
Sheikh Mohammed bin Rashid, Vice President, Prime Minister and Ruler of Dubai,said the scheme would be carried out in phases, starting with tourism, health and education visas.
The second phase will involve reaching out to talent in the fields of medicine, science and research, among others. Sheikh Mohammed ordered the setting up of specialised committees to prioritise these sectors, and put forward a plan to attract regional and global talent.
A dynamic lifestyle, practical financing policies and a full-fledged infrastructure are some of the benefits offered to professionals and multinational companies in the UAE.
“Future prosperity lies in the creative minds of our people.
Investing in people is an investment in our economy and success,” Sheikh Mohammed said.
“The UAE is a country of vast opportunity. We aim to provide a tolerant environment that can nurture potential and support outstanding talent.”
Also yesterday, the Cabinet approved a guidebook on accountancy standards and another on financial policies and procedures for the federal government.
A proposal introducing the marriage grant’s terms, conditions and standards was also approved. Under the law, the grant will increase from Dh20,000 to Dh25,000.
In international affairs, the Cabinet approved the establishment of embassies in capitals around the world.
Also endorsed were international agreements in line with the UAE’s efforts to boost its position globally and consolidate its amicable relations with countries.
Source : The National