UAE mulls relaxing tax residency rules to lure expats back post-war

The UAE is considering action to ease tax residency rules for expats who left amid the Iran conflict.

Authorities may allow residents to spend longer periods abroad without losing their favorable tax status in an effort to encourage their return, The Financial Times reports.

The policy could be especially significant for Dubai, which has attracted high-net-worth individuals with its zero-tax appeal.

The adjustment reflects the UAE’s effort to protect its status as a global hub for mobile wealth and talent, the FT notes.