Expat remittances from UAE increased to $33bln in 2017


The United Arab Emirates became one of the countries with the highest ratio of the share of migrants to the local population (more than 80%).

Migrants usually arrive from India, Bangladesh, Pakistan, Egypt, Philippines, and others.

What kind of work can migrants have in the UAE?

The labor market in the United Arab Emirates is incredibly extensive. There are vacancies for everyone: for highly qualified specialists, and for people without a particular occupation, who are ready to work on construction sites or engage in other work.

The largest number of vacancies in the labor exchange in the UAE are offered in such sectors:

Building. There is work for both: for employees with special education and work experience in construction such as engineers, painters, architects, bricklayers, superintendents, and for ordinary laborers: helpers, movers, etc. It is better to look for work at a construction site in Dubai, here the largest number of immovable objects is being built.
Service sector. This is a sector in which mostly foreigners work: reception of hotels, administrators, maids, waiters, barmen, sellers, etc.
Beauty industry. Each good hotel or shopping and entertainment center has spa salons, fitness centers and other facilities. Their personnel are also foreigners, that’s why trainers, cosmetologists, hairdressers, masseurs, masters of manicure and pedicure, etc. are always needed. This sphere demands a special education.
IT-technology. Programmers and other specialties related to innovative technologies have many chances to work in the Emirates, but only if you are a high-class specialist and you can stand the competition from the Hindus who have captured this market almost completely. The same applies to the banking sector.
Offices of companies. The Emirates has a huge number of both local and foreign companies. The UAE government does not impose conditions on the nationality of employees of firms, allowing managers to hire foreigners and register for them a resident visa. “White collars” – the elite in the labor market of the Emirates, which receives an excellent salary, often much higher than at home. Europeans and Americans are particularly valued in this area.

What is needed to get a good job?

Having a diploma. Of course, if you are going to be a cleaner or dishwasher, then the diploma will not be confirmed, but for professions that require qualifications and special knowledge, a diploma is required. It will take not only a copy of it, but also an English translation, legally certified.
Experience. Yesterday’s graduates of higher educational institutions can find a job, but the presence of experience is very conducive to obtaining an excellent job and gives you advantages over competitors. Not bad, if you stock up recommendations from your former employers.
Knowledge of English. It is an absolute demand of all employers. To have a good work in the UAE, you should speak English fluently.

In accordance with the statistics of 2017, expat remittances from UAE increased to $33bln in nine months.

Expats remittances from the UAE made to AED121.1 billion, which is 2.1 percent from AED118.6 billion compared to the same period of 2016.

During the 3rd quarter of the year, money sent by expats to home countries jumped to AED43.3 billion, an increase of 14.1 percent from AED37.9 billion during the same period in 2016.

During Q3 also, AED31 billion was transferred through exchange firms, accounting for 71.6 percent of total remittances during that period.

India became the top-receiving country for earnings made by migrants with a total of AED15.46 billion, comprising 35.7 percent of total remittances during Q3. Pakistani is the second with 8.7 percent of total remittances, then Filipinos with 6.7 percent, while Egyptians make up 4.8 percent and US nationals 4.1 percent, Britons 3.7 percent, Jordanians 3.1 percent, Bengalis 2.9 percent, Swiss nationals 2.4 percent and Lebanese 1.8 percent.

According to CB figures, Asian workers account for 82 percent of the total labour force in the country and sent around AED22.1 billion, or 51 percent of total remittances during Q3.

The UAE opens the door to all, without exception, foreigners, understanding how beneficial this affects the economy of the country.