In order to stay in the Emirates for a long time, it is necessary to get a resident visa. This permit is the local equivalent of a residence permit.
With a residency visa, a foreigner receives:
The right to free residence in the UAE for a period of six months to 10 years. The duration of stay is determined by the purpose of entry.
Economic rights. A foreigner can open and develop his own business, get a job, get medical care, buy real estate and many other things. A foreign citizen acquires economic security with the status of a resident.
Freedom of movement. The only condition that is important to comply with when crossing the UAE border is a short (not more than 6 months) absence in the Emirates.
Ability to issue a resident visa for all family members (spouse and minor children).
Duration of the permit may vary, depending on the purpose of entry and social status of the migrant.
Residence permit for 10 years is issued to highly skilled professionals and foreigners who have invested in the economy of the UAE 3 million dollars or more. You can make a contribution by establishing your own company or forming an alliance with an existing company.
Resident visa valid for 5 years is issued to foreign nationals who have invested at least $ 1.5 million in real estate. If part of the funds for the purchase of the property was taken on credit or a mortgage, it is not possible to obtain a residency visa.
Residency up to 3 years may be granted to investors who purchased real estate worth from $205 thousand. To get a resident status, a foreigner must prove the availability of income of 10 thousand each month. Registration of residence permit on the program involves buying real estate in Dubai, but acquired property can not be mortgaged in the future.
Visa for 3 years will cost between 7 and 8.5 thousand dollars. In the future, this permit can be extended.
A residence permit for six months allows for multiple entries into the UAE. To get residency status, you will need to invest in real estate worth $205 thousand in any locality of the country.
In addition to investors, for long-term residence in the Emirates can count on highly qualified professionals who have received a residence permit for intellectual achievements. The rights of residence receive outstanding programmers, developers in the field of IT, doctors in the field of virology and epidemiology. Spouses of highly qualified specialists, as well as minor children can also be granted long-term residency.