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Business, Visas and Retirement Tim Hatherley-Greene Business, Visas and Retirement Tim Hatherley-Greene

Major changes in UAE visa rules

The previous mandatory deposit of Dh3,000 per worker is now replaced by a new insurance scheme. In a meeting on Wednesday, UAE Cabinet approved reforms including replacing the bank guarantee system for private sector employees, with a low-cost insurance scheme. This will release Dh14 billion back to the private sector companies and will further lower the cost of doing business.

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