Being a tax-free environment, the UAE is one of the most popular business destinations for entrepreneurs from all over the world to acquire a residency. It is also an ideal place for HNWI’s, being strategically located across the world and is openly welcoming businessmen looking to work and invest.
The UAE is also famous for expatriates who are looking for a fantastic place to live and work in. Dubai, in particular, has been a haven for employment opportunities. But for those who want to stay in the UAE for a long term (except for UAE and GCC National citizens), be it for business and investment or work opportunities, a UAE residence visa is mandatory. So how can one obtain a UAE residence visa?
There are several ways to acquire a UAE residence visa:
- Set up your own business and register your company – This is the most convenient way of obtaining a UAE residence visa. It only takes a few weeks to incorporate your own company and apply for visa. Not only does the shareholder can get an Investor Visa for himself, but he can also obtain Residence Visa for his family. Moreover, it is not necessary for a company to perform real activity, the business maybe purely formal.
- By obtaining a job or employment opportunity in the UAE – Upon entering into an employment contract, one can have an Employment Residence Visa sponsored by the employer.
- Freelance Residence Visa is also available to be obtained from certain Free Zone Authorities like International Media Production Zone, Dubai Technology and Media Free Zone, Dubai Media City and Knowledge Village. Your profession needs to be related to these free zones’ activities, which are predominantly media-related: artists, editors, directors, writers, engineers, producers, photographers, camera operators and technicians in the fields of film, TV, music, radio and print media.
- Student Residence Visa may also be granted to students enrolled in international universities in the UAE.
- Purchase or own a property – In this case, the value of the property must be at least AED 1 million and the validity of the residence visa is 2 years.
Obtaining a UAE residence visa can be confusing and could take much of your time and money if you are not fully aware of the procedure.
If you would like to get a UAE residence visa without any troubles, MERA Advisory Services DMCC will be delighted to help you. For all queries on acquiring a UAE residency status, please feel free to contact us. We work to ensure that you get through the visa process successfully!