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Expats can obtain long-term residency when investing in property worth no less than Dh2 million
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UAE Golden Visa: 44,000 Dubai residents get long-term residency
The Golden Visa scheme was launched in 2019 to attract and retain talents from all over the world.
Over 44,000 residents in Dubai have received the Golden Visa since the launch of the long-term residency scheme.
The Golden Visa scheme was launched in 2019 to attract and retain talents from all over the world and establish the UAE as an ideal destination to live and work in. These visas are issued for five or 10 years and renewed automatically.
Investors, entrepreneurs, special talents and researchers in various fields of science and knowledge and bright students are eligible to receive the visa.
Recent regulations expanded the Golden Visa eligibility to include managers, CEOs, specialists in science, engineering, health, education, business management and technology. Additionally, the procedure to get the long-term residency was eased for highly skilled and specialised residents, investors, entrepreneurs, scientists, pioneers, leading students and graduates.
Dubai welcomes 60,000 visitors daily
During a media briefing on Monday, Lieutenant General Mohammed Ahmed Al Marri, Director-General of the General Directorate of Residency and Foreigners Affairs (GDRFA) in Dubai, noted a steady increase of travellers at Dubai airports since the beginning of the Covid-19 recovery.
Dubai now sees around 145,000 travellers passing through the airport every day, including a daily record of 65,000 visitors coming into the emirate.
Al Marri said thanks to the swift and competent measures the UAE has taken to achieve recovery, the number of daily travellers is expected to reach 200,000 soon.
More news from Visa and Immigration in UAE
Sweeping reforms to Emirates' entry and residency scheme make it easier for people to come to Dubai and make it a long-standing base for themselves
Provides services to employees at their workplace, process takes between 15 and 30 minutes
Services will be available only to those who currently have a request in process
Sheikh Mohammed announced the exclusive residency visa ahead of Eid Al Fitr
This step has been taken in appreciation of their efforts
The new amendments are expected to benefit the local job market as well as attract more families to the Emirates
The change was among many new visa rules approved by the UAE Cabinet