On the 20th. of May 2018, the UAE government announced major legislatory reforms which will have profound impact on Dubai`s property market specifically as well as the UAE as a destination for foreign direct investment (FDI) as a whole.The new laws, anticipated to come into force by the end of 2018, will provide for visa to be granted to highly skilled professionals for up to ten years to as well as to allow 100% business ownership everywhere in the UAE for non-nationals.