UAE financial advisory firm, Arton Capital, has called for a “Global Citizen Tax” to be implemented to fund the current refugee crisis. They have called on the European Union to institute a levy on foreign investors as part of their residence and citizenship programs. The firm says the proposed tax could raise in excess of AED 1 billion within 18 months, and up to AED 4 billion in the next five years. Armand Arton, CEO of Arton Capital, shares if investors would be happy with this additional tax.
Listen
UAE and German Presidents discuss strengthening bilateral ties
UAE President accorded official reception at Berlin's Villa Borsig
UAE team rescues 6 missing in flood-hit Nepal
UAE President begins state visit to Germany
