relaxes norms allowing expats to start own business
Indo-Asian News Service
Dubai, Sep 18 (IANS) The United Arab Emirates (UAE) has relaxed
norms to allow expatriates to start their own business in
this Gulf nation.
The UAE's labour ministry has decided foreign workers and
professionals can start their own businesses without losing
the jobs they hold or changing their visa, the Khaleej Times
The report quoted labour ministry general manager Humaid Bin
Deemas as saying that Minister for Labour Saqer Saeed Ghobash
took the decision, which would allow expatriates to start
their own business or become partners in a new company.
Earlier, expatriates wanting to set up their own business
had to cancel their visa and labour card and apply afresh
for an investor visa.
Bin Deemas said the new move would open up more opportunities
for expatriates to start their own business in the country.
The UAE is home to around 1.5 million expatriate Indians.
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