Dubai emerges popular destination for entrepreneurs, millionaires and startups

Dubai emerges popular destination for entrepreneurs, millionaires and startups

Recent visa reforms, change in weekend in line with international markets and conducive environment for business will attract high net worth individuals (HNIs) and worldwide investors in key sectors of the economy

Vehicles drive past of the Burj Khalifa, the world's tallest building. Dubai has always been and will continue to be the popular destination for high net worth individual from tourism perspective. — File photo

Published: Sun 29 May 2022, 6:55 PM Last updated: Sun 29 May 2022, 6:57 PM

Dubai is an established international business hub and recent visa and labour reforms will further strengthen its position as a popular destination for entrepreneurs, millionaires, startups and scale-up businesses, experts say.

Analysts, executives and industry specialists said recent visa reforms, change in weekend in line with international markets and conducive environment for business will attract high net worth individuals (HNIs) and worldwide investors in key sectors of the economy.

Referring to the new rules for the 10-year Golden Visa, five-year Green Visa and other reforms experts said Dubai will attract global talent, skilled professionals, freelancers, investors, and entrepreneurs that will ultimately benefit the economy.

Saad Maniar, senior partner at Crowe, said Dubai has always been and will continue to be the popular destination for HNIs