DUBAI, Sept 3 — Dubai is seeking to attract wealthy foreign retirees as the economy of the Middle East trade and tourism hub reels from the coronavirus pandemic and low oil prices, prompting many expatriates to leave. It will grant visas renewable every five years to resident expatriates and...
General view of Dubai’s cranes at a construction site in Dubai, UAE, December 18, 2018. Important sectors of the Dubai economy such as tourism and transportation have been severely impacted by the coronavirus crisis and firms have been cutting jobs to save costs. — Reuters pic
It will grant visas renewable every five years to resident expatriates and foreigners over the age of 55 who fulfil specific financial conditions, the government media office said. Important sectors of the Dubai economy such as tourism and transportation have been severely impacted by the coronavirus crisis and firms have been cutting jobs to save costs.
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