The UAE is a popular destination for wealthy foreigners for a number of reasons.

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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in

Most UAE workers want to switch jobs in 2023: Report

 

UAE workers

Around 77% of workers in the United Arab Emirates (UAE) want to switch jobs this year, according to a report by LinkedIn. The same percentage has said they are confident that they would get promotions and new opportunities.

Almost 7 in 10 workers in the UAE are confident that they would get an increment. Around 74% are confident in securing a new role in 2023. Despite growth in their current role, they are considering changing their jobs.

Most people switch jobs for higher pay and a good work-life balance. Around 37% of UAE workers said that they wanted to change their jobs for better pay. Nearly 34% of workers said they wanted to switch jobs for a better work-life balance. Around 31% of employees wanted to land a better role.

According to LinkedIn research, millennials show a higher drive towards switching jobs than Gen Z. In the survey, most employees gave preference to the work-from-home option.

Ali Matar, Head of LinkedIn MENA and EMEA growth hub, reportedly said, “A significant number of professionals are looking to either grow within their organisations or switch jobs in 2023.”

The UAE is one of the most financially-strong emerging economies in the world. The UAE also aims to attract $150bn in foreign direct investment (FDI) by 2030. The country has also launched Projects of the 50 to attract global investments.

According to the 14th Annual ASDA’A BCW Arab Youth Survey, almost two-thirds (57 per cent) of Arab men and women aged between 18 and 24 named the UAE as the country they would most likely live in. Around 51 per cent of North African youth also named the UAE as their top choice to live in. They said that the UAE offered generous salary packages and a wide range of work opportunities. They also lauded the UAE’s safe and secure environment.

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