UAE to woo intl talent with new, relaxed residency rules

The UAE is loosening residency rules to attract international talent to the country and has announced a new “green” visa that will remove the requirement for expats to be sponsored by an Emirati employer, Bloomberg and the Financial Times report. The changes will also allow individuals who lose their jobs to remain in the country for 180 days, as part of post-covid measures to retain wealthy residents, many of whom had to leave during after pandemic induced lockdowns and job cuts last year.