JAFZA offers long-term visas for its customers as part of UAE economic strategy

JAFZA offers long-term visas for its customers as part of UAE economic strategy
According to the property broker Knight Frank, rents for the best warehouses in JAFZA have fallen from Dh44 per sq ft at the peak of the market in 2014 to Dh35 per sq ft at the end of 2016.
Published: 17 June 2019 - 7:53 a.m.
By: Logistics Middle East Staff

Jebel Ali Free Zone (JAFZA) has announced that some of its customers will be able to obtain long-term visas as it seeks to attract and retain high-calibre talent within the UAE.

The new initiative applies to a range of investors, entrepreneurs, researchers, and other specialists and innovators, to promote Dubai as a destination for highly skilled individuals in a wide variety of fields, JAFZA said.

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The freezone will assist new and existing customers, facilitating the process for any individuals that meet strict qualifications, it added.

It will also work closely with the Federal Authority for Identity and Citizenship and any other relevant government entities to maintain the integrity of the process while ensuring rapid turnaround times.

“Nurturing and curating talent has been a core part of JAFZA’s business ethos, and we have continually strived to create a work environment that rewards innovation, pro-activeness, and productivity,” said Mohammad Al Muallem, CEO and Managing Director of DP World, UAE Region and CEO of JAFZA.

“This, in turn, is a part of our larger goal of assisting the Dubai government achieve its aims per the vision and guidance of His Highness Shaikh Mohammad bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai a global hub for innovators through the development of a sustainable yet diversified economy,” he added.

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Under the new resolution, investors, entrepreneurs and specialised talents are now eligible for a five or ten-year visas that offer the possibility for automatic renewal depending on specific profiles and criteria.

Through this process, the government aims to make Dubai an attractive destination to entrepreneurs and in-demand specialisations to drive forward the country's culture of innovation.

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