Visa & Emirates ID

1. Settlement permit for investors in a Freezone company

Founders of an Emirati startup company in one of the 45 so-called free zones or free trade zones can receive a three-year visa for company owners if they set up a company as a shareholder, managing director or employee in one of the numerous Emirati free trade zones.

Investors who set up a company in the UAE with a capital of at least AED 2 million are entitled to the exclusive 10-year residency permit in the UAE.

2. Residence permit for apartment owners in Dubai ( Taskeen program) – 10-YEAR VISA ELIGIBILITY

Those interested in owning a primary residence or a second home in the United Arab Emirates can obtain a three-year homeowner visa (” Taskeen Program”) if they invest AED 750,000 in a residential property in Dubai, for example through Emaar. Spouses, children and even parents are also eligible. However, the latter can only obtain a one-year visa for Dubai. The so-called Taskeen program (” Taskeen ” is Arabic for cheerfulness, equanimity, calm and comfort) officially launched in September 2021 with an investment threshold of only AED 750,000 instead of the previous one million.

What are the key features of the Taskeen program?

The title deed must be in the name of the applicant as the sole owner (or married couple) of a single property and the apartment must be completed and habitable

If the property is mortgaged, a deposit of at least AED 750,000 must have been paid.
Investors who purchase apartment property in Dubai for AED 2,000,000 will qualify for a five-year UAE apartment owner visa
Buyers of properties outside Dubai are only entitled to a six-month visa.
People belonging to the following categories can apply for a 10-year residence Golden visa in the country:

INVESTOR IN THE PUBLISHED INVESTMENTS.

The investment should be at least AED 10 million. 

This can take many forms:

Deposit of at least AED 10 million as an investment inside the country.
To establish a company in the country with a capital that should not be less than AED 10 million.
To be a partner in an existing company or a new one that should have a share value of not less than AED 10 million.
To have a total investment of at least AED 10 million in all the areas that have been mentioned.

Conditions:

It will be granted with the UAE 10-year visa cost only under these conditions:
The amount that is to be invested should not be loaned.
The investment is needed to be retained for at least three years.
There should also be a financial solvency of at least AED 10 million.
The 10-year UAE golden visa can also be extended to include an extra business partner. However, this would be accepted only under the condition that they also contribute AED 10 million.
It can include spouses and children and one executive director and one advisor.

Investors from foreign nations can also apply for multiple entry permits for a period of six months.
It is evident that to obtain this, you need to meet various UAE residence visa requirements. 

 3. Silver Visa

The Silver Visa, with a five-year validity and a minimum investment of AED 2 million, is also in demand among small business owners and entrepreneurs.
Investors wanting to be part of the booming Dubai market have shown interest in a silver visa as it only requires an investment of AED2 million in the residential real estate sector to obtain a five-year residency permit in the emirate.
 

 4 . Residence permit for retirees in Dubai (possible since 2020)

Retired investors over 55 years of age who “have the financial means to retire with ease” can obtain a five-year “Golden Retirement Visa” in Dubai.
Dubai Retiree Visa Residence Card applicants must meet ONE of the following conditions:
OPTION 1: Monthly pension income of over AED 20,000 ;
or
OPTION 2: Liquid assets of AED 1,000,000 in the form of a three-year term deposit in a bank account in the United Arab Emirates;
or
OPTION 3: Real estate in Dubai worth AED 1,000,000. Residential or commercial real estate, as well as undeveloped land, are eligible, but the purchased property must be fully paid off and must not be subject to a mortgage (e.g. in the form of a bank loan).
> All three types of residence permits in Dubai – the so-called “Emirates ID” (here) – can generally be extended indefinitely and enable their holders to:
– settle anywhere in the United Arab Emirates 
– enter and exit the United Arab Emirates without restrictions 
– conclude a telecommunications contract in the United Arab Emirates 
– obtain a local driving license
 

5 . UAE Citizenship upon nomination

In January 2021, Sheikh Mohammed bin Rashid al Maktoum, who is responsible for Dubai’s growth into a global metropolis, announced via Twitter that the UAE intends to attract investors and talented professionals and their families (children and spouses) based on a number of criteria. to grant economic citizenship (dual citizenship is possible).

Unfortunately, instead of an open application process, it is planned that candidates can only be nominated for citizenship in the Emirates by royals or officials. This is subject to Cabinet approval.

According to the Emirates News Agency (here), the following people can purchase the Emirati passport:
 
Criteria for obtaining UAE citizenship
 
– Investors | Must own a property in the UAE
– Doctors | Must specialize in a unique or locally in-demand scientific discipline, have recognized scientific contributions, studies and research of scientific value and practical experience of at least 10 years, and belong to a reputable organization in the relevant field.
– Inventor | Must have one or more patents recognized by the Ministry of Economy or another reputable international body, in addition to a letter of recommendation from the UAE Ministry of Economy.
– Scientist | Must be active researchers at a university or research center or in the private sector and have at least 10 years of practical experience in a specific field. You should also have contributions in the scientific field, such as: B. prestigious scientific awards or receipt of significant research funding in the last 10 years. The application must be accompanied by a letter of recommendation from a recognized academic institution in the UAE.
– Intellectuals, artists, talents | Must be pioneers in the cultural and arts field and winner of one or more international awards. A letter of recommendation from relevant government departments is also mandatory.
 
The United Arab Emirates passport with navy blue cover is valid for 5 years and opens from left to right. It is considered the most valuable passport in the Arab world.
 
UAE citizens have visa-free access (or visa on arrival) to 174 countries and territories, including New Zealand, EU Schengen (since 2015), China, Israel (since 2020), the UK, Canada (but not the USA).
 

More Information: 
https://u.ae/en/information-and-services/visa-and-emirates-id

 

 
 
 

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