Get Long Term Residential Visa in UAE
Lawyers in Dubai are now complying with the updates passed by the UAE cabinet in 2019 for offering long-term visas. The Federal Authority of Identity and Citizenship is accepting applications to provide long-term visas without investment to investors, students, and people from other professions to live in different emirates of the UAE.
The requirements and
services provided to people applying after the new visa resolution depend upon
the profession. Here is a quick insight into the requirements and advantages of
applying for a long-term visa in the UAE.
· Entrepreneurs
The categories of entrepreneurs are also listed in the resolution so that they can get relevant beneficiaries. The divisions include:
1.
Entrepreneurs with a project not less than AED 500,000
2.
They have obtained approval for business formation in UAE
- Investors in Property in UAE
a. They can get a visa
for 5 years if they invest in the property worth AED 5,000,000
b. 10-year visa is
granted to the investors investing AED 10Million in any business which
comprises less than 40% investment of that particular business
·
The investment should be debt-free
·
The invested money is entirely owned by an investor
·
Investment is made for a minimum period of 3 years
·
The investor gets 6 months of multiple entry access
·
Investor’s immediate family members get a visa
- Intellectuals and Students
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