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.

28 February 2025

FRANCE: France Proposes New Tax Targeting Ultra-High Net Worth Individuals

The proposed tax aims to address national debt and increase revenue from the wealthiest citizens.The French government is taking significant steps to address its mounting national debt, projected to

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27 December 2024

US: Washington State’s Wealth Tax Debate Is Heating Up

The Democratic Party may control the government in Washington state, but opinions are sharply divided regarding the potential implementation of a 1% wealth tax in 2025. The tax proposal, analyzed in

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14 February 2025

BRAZIL: Central Bank of Brazil Links Stablecoin Growth to Tax Evasion and Money Laundering

The new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. He remarked that individuals use these tools for cross-border payments

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1 November 2024

HONG KONG: Hong Kong, Turkey agree on double taxation avoidance in boost for Belt and Road Initiative

Hong Kong has signed an agreement with Turkey to overcome double taxation issues in cross-border trade and investment, a move that also helped widen the city’s cooperation with more jurisdictions

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