UAE: UAE to Grant 10-Year Visa “Blue Residency” to Sustainability Experts

Wego reports that the United Arab Emirates (UAE) has recently introduced the ‘Blue Residency,’ a long-term residency visa aimed at environmental advocates. This 10-year visa will be awarded to individuals who have made significant contributions to environmental conservation.

The Blue Residency covers a broad spectrum of environmental pursuits, ranging from improving air quality to promoting green technology. This approach ensures that diverse contributions to environmental protection are acknowledged and appreciated.

During a Cabinet meeting, Sheikh Mohammed bin Rashid, Vice-President and Prime Minister of the UAE, underscored the crucial link between economic and environmental sustainability. He stated, “The sustainability of our economy has become linked to the sustainability of our environment.”

The Blue Residency is one of several initiatives launched to commemorate 2024 as the year of sustainability, a theme that has been extended due to the green initiatives adopted by the country in the previous year. This move further solidifies the UAE’s commitment to environmental preservation and sustainable development.

21 February 2024

HONG KONG: Hong Kong Triumphs in Tax Cooperation, Removed from EU Watchlist

In a major development, the EU has removed Hong Kong from its tax cooperation watchlist due to its new Foreign-sourced Income Exemption regime. This strategic shift in tax policy showcases Hong Kong’s

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26 June 2025

EU: EU to simplify carbon tax at borders for most companies

EU institutions agreed Wednesday on a legislative simplification plan that will remove the majority of companies from the scope of the carbon tax at the border. The European Council announced that an

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18 June 2024

US: IRS Takes Aim at a $50 Billion Loophole for Wealthy Taxpayers

The IRS announced Monday that it plans to eliminate a loophole used by large, complex partnerships to avoid taxes – a move that could raise more than $50 billion over the next decade. The tax agency

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19 January 2024

EU: EU’s new money laundering deal poised to burden crypto more than traditional finance

Europe’s legislators reached a provisional agreement on the anti-money laundering rulebook. Crypto firms will be obliged to carry out additional customer due diligence.Some onerous provisions for

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