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UAE Residency Visa

The UAE is one of the most attractive countries in the world in terms of business and residence. Know the different ways to acquire a Residency Visa in UAE.

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UAE Residency Visa

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  1. UAE Residency Visa UAE Residency Visa The United Arab Emirates is one of the most attractive countries in the world in terms of the operation of business and residence. The attractive advantages of the country include tax free status, high standards of living, excellent opportunities for business development, economic and political stability.

  2. How to get Residency Visa in UAE? The residence permit allows foreign citizen a right to permanent residence. Both the work and the residence permit are issued together with a proof of identity card.

  3. There are different ways to acquire a Residency Visa in UAE 2 1 3 Entering Becoming Company Owner Owning Property in Dubai worth more than 1 Million Employment Contact

  4. 1. Owning Property in Dubai worth more than 1 Million As this visa is for investing in properties, it is sponsored by the Dubai Land Department and is renewable in the duration of every two-year. By obtaining this visa, investors are eligible to acquire Emirates ID, sponsor family and can also apply for UAE driving license.

  5. 1. Owning Property in Dubai worth more than 1 Million Minimum investment threshold To be qualified for the residence permit, an investor must have ownership of properties that values either equal to or more than AED 1 million. For this visa, Mortgages are acceptable, but in the case of a mortgage, minimum 50 percent of its original price must be paid off or the value of AED 1 million must be paid off if the property’s value is more than AED 2 million.

  6. 1. Owning Property in Dubai worth more than 1 Million Acceptable Properties Not Acceptable Properties Office Apartment Service Apartment Hotel Room Villa / Town House Warehouse Any other Commercial Property

  7. 1. Owning Property in Dubai worth more than 1 Million Advantages : No requirement to incorporate a company. Disadvantages : It involves relatively high worth of investment into real estate and the visa is valid for only 2 years. Moreover, it does not authorize the visa holder to work in UAE.

  8. 2. Becoming Company Owner Register a Company Mainland Mainland Free Zone Free Zone

  9. 2. Becoming Company Owner Advantages Disadvantages No requirement to own property. The expense of company The residency visa of this type is registration and annual issued for a maximum period – 3 maintenance. years. Additionally, this visa gives an opportunity of performing business on the territory of UAE.

  10. 3. Entering Employment Contract Any foreign expat, who is willing to work in UAE can obtain the residency visa under their employer’s sponsorship. The hiring company is obliged to take responsibility for the visa process and applying to the relevant departments on behalf of the employee. However, in order for any employee to sponsor their spouse and children, their salary should be ranging between AED 3,000 to AED 4,000 plus accommodation. In case of parents, it should be AED 20,000.

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