UAE to Offer 10-Year Residence Visas to Top Professionals and Students
Major changes to the UAE visa system have been announced — including granting of 10-year residency visas to select professionals and top students. Here are the details…
UAE visa system to be amended this year
Among those eligible for a 10-year UAE residency visa include Grade A students, doctors, engineers and other specialists — along with their families. Going forward, students can apply for extended residency after completing their graduate studies “to allow for ample time to decide on career paths.”
100% ownership unveiled
The UAE Cabinet has also unveiled new changes that will allow 100% ownership of companies based in the emirates. Outside of free zones, investors are currently required to have a local partner with 51% ownership of a company.
The amendments are set to be implemented before the end of 2018, according to Dubai Media Office. Watch this space for updates…
READ MORE: You’ll Soon be Crossing Dubai Creek on Iconic New ‘Infinity Bridge’