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.

4 October 2024

UK: The UK Dominates the Most Damaging Tax Havens

New analysis by the Tax Justice Network has revealed the United Kingdom to be the biggest enabler of corporate tax dodging in the world. As this infographic shows, British Overseas Territories and

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20 April 2024

MAURITIUS: India-Mauritius DTAA Amendment Closes Tax Avoidance Loophole

India and Mauritius have signed the protocol amending their Double Taxation Avoidance Agreement (DTAA), which now incorporates the Principal Purpose Test (PPT). This provision serves as a criterion

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22 August 2024

AFRICA: Nigeria SEC Plans to Approve Crypto Platforms as Use Grows

Nigeria’s SEC to license digital asset providers, ensuring market regulation.Despite a ban, Nigerian traders stay active, with SEC aiming for balanced fintech growth.Nigeria is on the cusp of a financial

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12 February 2024

ASIA: Kuwait and UAE Sign Landmark Agreement to Prevent Double Taxation and Tax Evasion

In a significant move towards strengthening financial ties, Kuwait and the UAE have signed an agreement to prevent double taxation and tax evasion. The pact, signed at the 8th Arab Public Finance Forum

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