LOCATION: Southeastern region of the Asian continent
LANGUAGES SPOKEN: Arabic, English
CAPITAL: Abu Dhabi
NEAREST AIRPORT: Dubai, Abu Dhabi, Sharjah
MAJOR INDUSTRIES: Oil & Gas, Real Estate and Tourism
Located in the southeastern region of the Asian continent, the UAE is a constitutional federation of seven emirates: Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Ajman, Umm Al Quwain, and Fujairah. The UAE is a politically and economically stable country and holds the 25th position globally in Global Competitiveness Report 2019 by World Economic Forum.
In 2019, the UAE implemented a new system for long-term residence visas. The new system enables foreigners to live, work and study in the UAE without the need of a national sponsor and with 100 per cent ownership of their business on the UAE’s mainland. These visas will be issued for 5 or 10 years and will be renewed automatically.
The investments may be in the following forms:
Conditions for a 10 year visa, granting a visa is subject to the following conditions:
Conditions for a 5 year visa:
The applicant must invest minimum AED 1 million in the real estate property.
Conditions for a 3 year visa:
The applicant must invest minimum AED 2 million in the real estate property.
Conditions for a retirement visa:
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.