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UAE: New visas for Entrepreneurs, investors and other professionals

Under a new system approved by the UAE government entrepreneurs, investors and other professionals will be able to live and work in the UAE for long term durations.

Investors who buy properties worth 5 Million Dirhams ($1.36 million USD) or more will be granted residence for five years and those investors who devote more funds (10 Million Dhirams) will be granted a renewal residence visa for ten years at a time. Other types of investors include CEO’s and owners of internationally known companies who invest more than 10 million dirhams will also qualify for the investor visa for 10 years.

Entrepreneurs are also eligible for a five year visa (if they have a project worth 500’00 Dirhams) and will have the option of upgrading to an investor visa if they meet specific requirements.

More information

This update is for informational purposes only. If you have any questions, feel free to contact our Immigration team at immigration@sterling.com or call +44(0)20 8836 3359.

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