The Impact of Dubai’s Golden Visa Strategy: 158,000 Reasons for Economic Growth
In 2023, Dubai marked a significant milestone in its migration policy by issuing an unprecedented 158,000 golden visas, nearly doubling the total from the previous year, as indicated by the General Directorate of Residency and Foreigners Affairs (GDRFA).
UAE Expats from US & Canada Are Reshaping Dubai’s Property Market
In an intriguing turn of events, expatriates who once left the UAE for North America—Canada and the US, to be precise—are increasingly returning to Dubai. This reverse migration is fueled by factors such as high taxes, soaring living costs, and limited opportunities in North America. This trend could be fertile ground for investors, particularly in the property market.