The GCC (Gulf Cooperation Council) countries continue to be attractive destinations for global investors, international tourists, talented individuals, and companies looking to increase their footprint in the region by partnering with existing businesses or introducing international brands.
The Governments of the United Arab Emirates (UAE), Saudi Arabia, and Qatar are heavily investing and rolling out incentives geared towards infrastructure, transportation, real estate, healthcare, and amusement projects. UAE, Saudi, and Qatar are currently reforming their visa options to attract and make it easier for expats to take advantage of the different residency programs including the golden, green, premium, and permanent visa options. A key goal of this transformation is to facilitate expat life, employment, investment, lifestyle, and career development. Therefore, this will likely lead to investment in real estate, new business set ups, and increased spending which will boost the economy.