The government of the United Arab Emirates announced on May 20, 2018 that investors and professionals will be granted ten-year residence visas. Currently, residence visas are valid for up to three years.
Who does this apply to?
The new visa system, planned to be operational by the end of 2018, will grant ten-year residence visas to specialists, such as scientists, doctors and engineers as well as to entrepreneurs and investors, and their families.
Five-year visas will be granted to international students, while highly achieving students may qualify for ten-year visas. The authorities will also extend the validity of dependent visas held by students who are sponsored by their parents, to encourage them to remain in the UAE after graduation.
Employers who may benefit from the new ten-year visas are advised to contact an immigration specialist for the latest information.
Please note that this is general information only and not intended as advice on a specific matter. Please feel free to contact Fakhoury Global Immigration directly with questions exclusive to your situation. This news alert may have been prepared using information from Peregrine Immigration Management, which is licensed to Fakhoury Global Immigration.