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Along with high salary and generous bonus packages, some businesses in the UAE has started offering Golden Visa status for their latest recruits in key roles.
As demand for talent in the UAE increases, more employees seek extended residency options in the country. The Dubai-based real estate portal Property Finder has added an opportunity to obtain Golden Visa for fresh intakes of software/data engineers and those coming into leadership roles.
We seize every opportunity that encourages Dubai’s efforts in revolutionising talent pools as well as be a hub for digital innovation,
said Anuradha Challu, Chief People Officer at Property Finder.
According to consultancies that specialise in executive search, businesses in the healthcare and tech space too are offering such options to their latest recruits.
Originally, the 10-year residency could be obtained only by investors with assets totalling Dh10 million and above. Recently, that entry-level requirement was lowered to Dh2 million, and could come into effect from September in Dubai.
Last year, several companies offered Golden Visa status to long-serving employees. Since that moment it has become a job-linked incentive to retain talent, whereas now, it is becoming the tool to attract talent.
It’s a win-win if these new highly skilled entrants to the local workplace start thinking beyond the 3- or 5-year residency. The Golden Visa, thus, becomes a powerful incentive when their new employers start offering,
said a consultant with one of the biggest recruitment agencies in Dubai.
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