Letter.

 Letter Published in Gulf News UAE On 2Dec 20  On UAE NaTIONAL DAY dEC 2

UAE: The best place for business start ups

After the recent announcement of Golden Visa to 10 categories, now the UAE has announced 100 per cent ownership for the foreign nationalities (“UAE allows 100% ownership of businesses for foreign nationals from December 1, 2020”, Gulf News, November 23). It is very evident that UAE is moving ahead of times and the long term vision of its leaders is what makes the country remarkable. The existing companies will be happy with this new rule, and also many investors will enter UAE hoping to be a part of it. The country has seen drastic developments over the years, and now this new concept will also bring change. The UAE gives you everything that is most needed for a good life. This country is an idol for success and chance. In less than 50 years, the country transformed from just dunes of sands, to what it is now.

From Mr K Ragavan

Bengaluru, India