UAE nationals enjoy the best opportunities in the Arab region, according to a new global ranking.
The UAE was ranked in 46th place in the 2017 edition of the Henley & Partners – Kochenov Quality of Nationality Index (QNI), which "objectively measures and ranks all the world's nationalities as legal statuses through which to develop [citizens'] talents and business".
The country's 2017 ranking places the Emirates significantly higher than countries in the rest of the Arab region, with Kuwait in second place at 82.
“The Emirati nationality has climbed 13 positions over the past five years, making a significant leap forward when its holders received visa-free travel access to the Schengen Area in 2016,” said Henley & Partners, which also operates a ranking of the world’s passports.
“The nationality of the United Arab Emirates continued this trend in 2017 with an additional 10 visa-free or visa-on-arrival travel destinations, now boasting 130 such destinations in total and overtaking the Israeli nationality as the best nationality in the region. As a result, it pushes further into the world’s top 50, moving from 49th place in 2016 to 46th place in 2017,” said QNI in a note on its website.
Qatar suffered a “remarkable free-fall” due to its dispute with its GCC neighbours, according to the report, reducing the value of the Qatari nationality from 70th place in 2016 to 87th place in 2017.
“In fact, despite a relatively strong starting point (56th place in [the first QNI edition in]2013), the Qatari nationality has dropped more significantly over time than war-torn and unstable Libya, Syria, and Iraq,” said Henley & Partners.
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Read more:
The power of a passport to put a country on the map
UAE passport top-ranked in GCC for visa-free access to countries
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Colombia has been the highest climber since 2013, rising 50 positions to 61st place in the 2017 ranking.
France’s quality of nationality is the best in the world in 2017, according to the report. Germany, Iceland, Denmark and the Netherlands round out the top five. The US sits at 27th place, while the UK dropped to 13, and it is expected to plummet still further with Brexit, according to Henley & Partners.
The ranking is based on a variety of factors, including peace and stability; economic strength; diversity of travel freedom; and diversity of settlement freedom.
“The QNI will be of interest to anyone who is curious about how their nationality performs in comparison to other nationalities and about the local, regional, and global opportunities and limitations associated with their nationality.
“The Index is of particular significance to financially independent individuals who wish to acquire the benefits of an alternative citizenship: these individuals can use the QNI as a reference tool when selecting the most valuable second or third nationality for themselves and their families.”
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MATCH DETAILS
Barcelona 0
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The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
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IF YOU GO
The flights: FlyDubai offers direct flights to Catania Airport from Dubai International Terminal 2 daily with return fares starting from Dh1,895.
The details: Access to the 2,900-metre elevation point at Mount Etna by cable car and 4x4 transport vehicle cost around €57.50 (Dh248) per adult. Entry into Teatro Greco costs €10 (Dh43). For more go to www.visitsicily.info
Where to stay: Hilton Giardini Naxos offers beachfront access and accessible to Taormina and Mount Etna. Rooms start from around €130 (Dh561) per night, including taxes.
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When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
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Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
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On sale: Now, deliveries expected later in 2025
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years