ANNOUNCEMENT 21 Jun 2012

In June 2012, the government of the United Arab Emirates announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 21 Jun 2012 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On June 21, 2012, the ruler of the Emirate of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, announced a new regulation, which gives foreign citizens the right to gain ownership of property in two additional plots in the Dubai Investment Park for a maximum period of 85 years.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A