Manama, February 19 (BNA) The Chief Executive Officer of the Labor Market Regulatory Authority Jamal Abdulaziz Al-Alawi said that the newly launched golden visa will enhance Bahrain’s position as an attractive destination for major investors, businessmen and talented people.
The move was announced during a cabinet meeting chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, as part of Bahrain’s economic recovery policy.
Al-Alawi led the initiative, which he said will have a positive impact on the labor market and enhance Bahrain’s ability to attract economic, investment and trade talent.
He pointed out that Bahrain leads the region as a distinct destination for living and accommodation for expatriates, according to international reports, in terms of quality of living, ease of settlement, average cost of life and other factors.
He affirmed the authority’s support for the efforts made by the competent government agencies, especially the Nationality, Passports and Residence Affairs of the Ministry of Interior.
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