JLL reveals that “global transactions are up 55 per cent year on year”August 25, 2015 3:40
Earn AED10,000 or stay alone
The UAE is planning to impose a minimum salary requirement of AED10,000 for expatriates who want to bring their families into the country.
July 2, 2009 12:51 by Aarti Nagraj
While the government has good intentions, we suspect that the decision may not go down well with many expatriates in the country. A significant proportion of the expatriates, especially those from the subcontinent, earn less than AED10,000. That may also hold true for people working in an emirate like Ras Al Khaimah, where the standard of living is much lower as compared to Dubai.
Also, what about those who have been working in the UAE for maybe 20 years with their families, and are earning less than AED10,000? Will they have to send their spouses and children home?
In a seemingly unrelated news stories published in May, the UAE had announced that it would grant expatriate property owners multiple entry visit visas to stay six months at a time in the country.
The visa however, required some conditions to be fulfilled; the property has to be residential, must be worth AED1 million (when bought), and, the owner’s fixed income must be at least AED 10,000 ($2,723) a month, or the equivalent in foreign currency.
Why AED10,000? Is that the distinguishing point to judge if a person is doing “well”?
Pages: 1 2