Minister reveals his vision for attracting global talent to ‘live, work, and retire’ in the UAE

The UAE is developing a long-term vision to attract global talent to live, work, and retire in the country. Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, stated that attracting skilled foreign workers is critical to accelerating economic growth.

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Minister reveals his vision for attracting global talent to 'live, work, and retire' in the UAE the policy times

The UAE is developing a long-term vision to attract global talent to live, work, and retire in the country. Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, stated that attracting skilled foreign workers is critical to accelerating economic growth. He said that an “ecosystem” was being placed in place to strengthen the UAE’s status as a top tourist destination.

“Skilled human capital lies at the heart of economic growth and competitiveness, and this is especially true in the era of the knowledge economy,” Dr Al Zeyoudi told The National.

“As a result, attracting international talent to supplement our domestic talent pool and drive our information economy is critical.

“We want to increase the share of knowledge workers and qualified human resources in our total population and workforce in order to meet the UAE employment sector’s current and potential demand.”

The UAE is becoming a more popular destination for foreign talent

The UAE has also announced a number of projects aimed at encouraging jobs from all over the world to move. The Cabinet announced the implementation of a residency permit for remote workers in March.

The residency permit, according to Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai, means that “any employee anywhere in the world can reside in the UAE to practice work remotely, even if the business is not present in the region.” Sheikh Mohammed announced plans in January to allow non-Emiratis to gain UAE citizenship for the first time.

Trained practitioners will be nominated by government or royal court officials under the scheme. Hassan Arafat, director of the Centre for Membranes and Advanced Water Technology at Khalifa University in Abu Dhabi, expressed pride in being among the first residents to obtain citizenship. A 10-year golden card visa scheme was also introduced in May 2019 to enable exceptional staff and foreign investors to stay in the country for an extended period of time.

“Our policies and programmes will contribute to building an ecosystem that attracts global talent.

“Facilitated immigration pathways, enhanced social insurance features, and increased workforce flexibility and mobility are some of the critical elements of this ecosystem.

“We will also work with our partners to enhance other important elements such as social cohesion and integration, education affordability, healthcare accessibility, as well as factors that relate to the regulatory, business and market environment.”

What kind of talent does the UAE seek?

“Talented individuals are those who have the potential to contribute to and compete in their career of choice, thus contributing to the UAE’s socioeconomic growth and the advancement of its national goals and aspirations,” the minister said.

“They include professional skills, imaginative, science and creative talents, entrepreneurial talents, and all other knowledge worker segments.” Talent comes in many types, and we welcome talented people from all walks of life and nationalities.”

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Minister reveals his vision for attracting global talent to 'live, work, and retire' in the UAE
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The UAE is developing a long-term vision to attract global talent to live, work, and retire in the country. Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, stated that attracting skilled foreign workers is critical to accelerating economic growth.
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THE POLICY TIMES
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