A visa in the United Arab Emirates allows you to stay legally in the country for a period of 1 to 10 years with the right to extend. Having received the status of a resident, you can open bank accounts, rent real estate, get free education and travel.
There are three main directions in which you can get a residence visa: for buying real estate, starting a business or when applying for a job.
Residence permit for real estate
1. If the price of the object for purchase starts from $ 204 thousand, then a foreigner can apply for a visa for 2 years. The document is extended an unlimited number of times, provided that the housing remains owned.
2. If you purchase real estate from $ 545 thousand, you will receive a “Golden visa” for 10 years. From the conditions — payment is accepted immediately, you can not take a loan, but you can sell the object in 3 years.
3. A “pensioner visa” is available for people over 55 years old. To get it, you need to buy property worth from 272 thousand. $, a residence permit is issued for 5 years.
Residence permit for entrepreneurs
4. When opening a company with an authorized capital of 545 thousand. They issue a “Golden visa” for 10 years.
5. A successful startup will give you the right to get a visa for a period of 5 years. Conditions: independent auditor from The UAE should estimate the cost of an innovative project from 136 thousand. At the same time, it is necessary to present letters of recommendation from the authorities of the emirate and the accelerator of Dubai.
6. If you open a company in FreeZone — a free economic zone in Dubai, which is suitable for businessmen operating outside the UAE, then get a 3-year visa.
*If you organize a local company (mainland, for those who want to work inside the Emirates), then you will also receive residency for 3 years. In both cases, the share capital depends on the location.
Residence permit for company employees
7. Freelancers and self-employed foreigners have access to a “green visa” for a period of 5 years. Conditions:
8. A visa for a remote worker, also known as the Virtual Working Program, is issued to employees whose income starts from 5 thousand. $per month. With this visa, you can legally reside in Dubai for 1 year with the right to extend.