As part of the new reforms announced on Sunday, expats who lose their jobs in the UAE will soon be able to stay for up to six months. UAE law currently permits unemployed employees to leave the country within 30 days after terminating their employment. However, the authorities are relaxing the grace period and are allowing people to stay from three to six months after losing their jobs.
The employees will be relieved that this announcement gives them ample time to find a new job. The UAE will be able to retain talent within the country as a result. We are easing the grace period one gets to leave the country after being laid off. Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that instead of 30 days, people would now have 90 to 180 days to leave the country.
In addition, the UAE’s position as an ideal place to work, invest, start a business, educate and live is being confirmed by the restructuring of the entry and residency systems as part of ‘Projects of the 50’.
As part of the 50th year reforms, this was announced to retain talent among the country’s workers. A number of specific regulatory changes have been made, including:
Meanwhile, the government’s recent decision to amend the conditions for granting the 10-year Golden Visa and introduce new visa categories is expected to provide further impetus to the residential property market.
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