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How the 10 Year Visa Policy Benefits You?

Posted by admin_unicon on May 21, 2018
| 4 Comments

In a Cabinet meeting chaired by Shaikh Mohammad at the Presidential Place in Abu Dhabi on Sunday, the UAE government made the following major announcements including the 10 Year Visa Policy:

  • 10 Year residency visa for investors, specialists in medical, scientific, research and technical fields, as well as for all scientists and innovators
  • 10 Year visa for exceptional students and 5 Year visas for students studying in the UAE
  • 100% global investors’ ownership of UAE-based businesses

Further details on these decisions will be released in the next few days and will provide clarity on the matters. This news has already created a buzz in the market and has been welcomed by investors (foreign and local) and residents of the UAE. The decision will make UAE a more long-term prospect for most of the people working, studying or living here and would make it easy for them to invest in the UAE specially because of the 10 Year Visa

In the words of H.H. Sheikh Mohammad Bin Rashid Al Maktoum, “The UAE will remain a global incubator for exceptional talents and a permanent destination for international investors. Our open environment, tolerant values, infrastructure and flexible legislation are the best plan to attract global investment and exceptional talents to the UAE.”

Besides the above, the cabinet has also made decisions which will increase the overall attraction of investing and living in the UAE. These steps will further encourage new investors to set up businesses in the UAE and stabilize the property market which has been on the decline since the last few years.

 

How would this effect you? Please email us on marketing@uniconre.com so we can guide you on how this move would be beneficial in your particular case.

 

Further Reading on 10 Year Visa and 100% Business Ownership: Click for Article

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4 thoughts on “How the 10 Year Visa Policy Benefits You?

  • Tariq Siddq
    on May 21, 2018

    I will buy house UAE. My family brother. Mother. Father residence visa? Please explain help me. I hope to hear you soon as possible
    Thank
    Tariq

  • Unicon
    on May 22, 2018

    Thank you for your query. Please find below answers to your questions:

    To qualify for a Property Investor Visa you need to invest in a ready property worth at least AED 1,000,000 (USD 272,250).
    This investment would grant you a 3 year residence visa (renewable) with a compulsory entry once in 6 months.
    You can sponsor your spouse and children under the age of 21 under this visa.
    Parent’s visa can also be applied but I can confirm this for you.
    Siblings can not be sponsored at present but you may be able to do so in the future.

    Please let me know if you require further assistance or have any more questions.

  • Sohad
    on July 12, 2018

    Hello. I want to ask about the visa for specialist doctors. Is it only for those who already living and working in UAE or it’s also for specialist who living outside UAE but eligible to work in Dubai. Thank you. Kind regards.

  • Mohsin
    on July 18, 2018

    Dear Sohad,

    Although the details will be out around September this year but from what we hear it would be for all specialist doctors (residents and non-residents) if they qualify under the category which will be specified by the government in the coming months.

    Regards

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