Eligibility Criteria for Long Term Residency in the UAE
- December 10, 2020
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Many of the readers have been asking legal consultants of Dubai about the eligibility criteria. It is for applying for a long-term visa or permanent residency (as commonly known in UAE) in Dubai. There are a few different ways of applying for a permanent residency scheme in the UAE.
The alternatives of a representative or an understudy are not being thought of. Since our site is devoted to businessmen and their relatives as per immigration lawyer in Dubai. There are 2 dependable choices for this class of individuals to get residency status in UAE.
- Main Choice
The main choice of residency in the United Arab Emirates by methods for buying and claiming a property, office, or an apartment. To have the privilege of applying archives for the residency visa status in Dubai. Over this class, the property must be completed, which implies, its development must be finished.
And the estimation of such property must be at least 1 million dirhams for each individual. The most significant feature of seeking such a visa is that it does not require the individual claiming a visa to establish a company within the country. However, this visa is only for two years and does not authorize the investor to work within the country.
- Subsequent Choice
The subsequent choice to turn into a resident of UAE is to establish a company within the country. Such an organization is enrolled in one of the Free Trade Zones in UAE and awards the option to apply reports for residency in the United Arab Emirates as an organization’s investor. Not exclusively does such an organization give investors residency.
It likewise provides such an alternative for its workers, if required. Importantly, such an alternative not only offers you an option to be a resident in the country. You may utilize the company to set your business within the country advantage from all the upsides of assessment exclusion as per immigration lawyers in Dubai.
- New Scheme
Under the new scheme, the residents can apply for a Gold Card that is a 10-year visa in the country. Or commonly known as a permanent residency visa. This visa is specifically offered to business investors, special talents, scientist, outstanding students, and their respective families. The resident may approach the General Directorate of Residency and Foreigners Affairs (GDRFA).
Hence, if you want to seek legal help in this regard in this regard, contact immigration lawyers in Dubai. They provide their services in Sharjah, Ajman, Abu Dhabi, and other emirates.