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Abu Dhabi, UAEFriday 14 December 2018

Business Extra podcast: Analysing UAE's new visa rules and changes to foreign ownership of companies

Changes to residency and business ownership laws could spark a period of massive growth in the Emirates

Widows and divorcees now have the option to apply for a one-year residency visa without the need for a sponsor, while students who have completed university or high school can also apply for residency for a year. Andrew Parsons / The National
Widows and divorcees now have the option to apply for a one-year residency visa without the need for a sponsor, while students who have completed university or high school can also apply for residency for a year. Andrew Parsons / The National

The news on Sunday from the Cabinet that there is to be sweeping changes to visa and residency rules as well as that 100 per cent foreign ownership of businesses will no longer be confined just to free zones, is expected to have a far reaching impact on the country and the economy as a whole.

Co-hosts Mustafa Alrawi and Chris Nelson dissect the ins and outs of this seismic development. Listen below, and subscribe to the Business Extra podcast for free on Apple Podcasts here.

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Read more:

UAE's new visa regulations: what we know

Poll finds UAE visa changes could lead to spike in buying property

End of 51 per cent Emirati ownership rule 'will greatly spur foreign investment'