How to become a resident in the UAE?

Every year, more and more entrepreneurs, talented professionals, scientists, creative individuals and promising students choose the United Arab Emirates. The rapidly developing economy, stability, high standard of living and security make this country one of the most attractive places to live and do business.

For a long-term stay in the UAE, it is necessary to obtain residency status. In this article, we'll look at the requirements you need to meet.

UAE Resident Visa: Who Can Apply?

The following categories of expatriates are eligible for UAE residency:

• Hired professionals, if they apply for a job with a company based in the UAE;
• Students enrolled in any educational institution in the country;
• Entrepreneurs opening their business/company in the country;
• Major investors
• Real estate owners;
• Eminent scientists, inventors, sportsmen and artists;
• Remote workers and freelancers.

What does it take to become a resident of the UAE?

The UAE program offers two categories of long-term visas.

1. The five-year "Green Residence" visa, which can be applied for by

• Entrepreneurs (must have projects worth at least AED 500,000 or be approved by the Emirates Business Incubator);
• Investors (must invest at least AED 2 million in completed or under-construction real estate and retain ownership of the property for at least two years from the date of purchase);
• Freelancers;
• Highly qualified professionals

This visa is valid for the owner, all family members and 3 managing directors

The ten-year Golden Visa, whose applicants are:

• Investors who meet any of the following conditions:
• Have opened a deposit of AED 2 million or more with an Emirates Investment Fund or a local bank;
• Established a company in the country with an authorized capital of at least AED 2 million;
• Invest a similar amount in an established company or joint business partnership;
• Purchase real estate in the UAE for AED 2 million or more.
• Entrepreneurs:
• Who have registered their startup in the Emirates and have an annual turnover exceeding AED 1 million;
• Have a startup idea that has been approved by the country's business incubator or local authorities.

What are the benefits of obtaining UAE residency?

UAE Resident Visa holders enjoy the following benefits:

• Reside and move freely within the territory of the State;
• Leave and return to the country without restriction;
• To engage in commercial activities;
• Receive economic guarantees from the State;
• Open local bank accounts, obtain credit, and receive medical care;
• Obtain a driver's license;
• Work in local organizations and businesses;
• Teach children in schools and other educational institutions;
• Apply for U.S. and Schengen visas;
• In the event of the death of a Golden Visa holder, all members of the holder's family may remain in the country until the visa expires.

UAE residency card application process. How to get your Emirates ID card?

A UAE residency permit is an identity document that contains the holder's personal information, including fingerprints.

It requires a medical examination and the submission of biometric data. A service fee is also charged for processing the application. The validity period of this document is the same as the validity period of the resident visa.

The Emirates ID card provides the holder with many benefits, such as visa-free travel to certain countries and the ability to obtain bank loans.

How to get UAE residency in the shortest possible time?

The answer is actually quite simple. Contact the StableGrowz team as soon as possible. Many years of experience in consulting services in the UAE and perfect knowledge of the Emirates market allow us to provide our clients with the best possible service. We issue UAE Resident Visa and Emirates ID cards within 3 days. We help entrepreneurs and their families to start an exciting journey to the UAE in comfort and safety.

Contacts

United Arab Emirates, Dubai, Barsha Heights, I-Rise Tower, 29th Floor, Office 5