Six-month interim visas for long-term residence visa seekers

A six-month multiple entry visa can be applied for investors, talented individuals and outstanding students so that they can “explore opportunities” and “review facilities” for long-term residency in the country.

The Federal Authority for Identity and Citizenship announced three new services: a six-month visa with several trips to complete the procedures for residency of an investor, a six-month visa with several trips to complete long-term residency procedures for both entrepreneurs and outstanding students, a six-month visa with only one trip to complete the residency procedures for the talented individuals.
Cost: single and multi-entry visas valid for 180 days will cost Dh1,100

The ICA also revealed it received around 6,000 applications from investors and entrepreneurs in the first week of taking in applications for long-term residency visas.

The UAE recently allowed select categories of foreigners to apply for long-term visas for themselves and their families, including investors and entrepreneurs who meet certain conditions pursuant to Cabinet Decree No. 56 of 2018.

On Wednesday, ICA also announced the activation of the links dedicated to the submission of applications for access to these facilities (https://beta.echannels.moi.gov.ae/echannels/web/client/guest/index.html#/dashboard), which can be accessed through the public page without the need to create an account with a username and password.

Major General Saeed Rakan Al Rashidi, director-general of Foreigners Affairs and Ports at ICA, said there is great demand for these facilities, which contribute to enhancing the attractiveness of the UAE as an investment destination.

He added that investors and owners of capital are looking for ease of procedures, freedom of movement, stability for themselves and their families, to serve their interests and enable them to achieve their ambitions.

Al Rashidi said the six-month visa aims at providing those wishing to obtain long-term residency to visit the UAE and review the facilities provided in various fields.

The visa will help them identify opportunities available in their field of interest and allow them to study their options and take the most appropriate decision for themselves and their family members, he added.

Al Rashidi said ICA issues the holders of the six-month visa — whether for various trips or single trip — an Emirates ID Card to enable them to complete their procedures with ease, including direct licensing procedures, opening bank accounts, property registration and other transactions.

He added that the visa is dedicated for investors and entrepreneurs from outside the UAE, to attract investments and owners of leading companies with international expertise in vital sectors of the national economy.

Al Rashidi said those who meet the conditions of obtaining long-term residency in the various categories for UAE residents can apply through e-channels and through their accounts on the system, without the need to obtain a six-month entry visa.

So, at the time of their residency renewal, the transfer to the long-term residency system is requested according to the category to which the conditions apply.

Al Rashidi praised the attention paid by ICA to the long-term residency system through the close follow-up and direct supervision of Ali Mohammad Al Shamsi, chairman of the board of directors of ICA.

10-year investor residency visa
Investor residency visa for a period of 10 years, under which the applicant obtains a residency permit for 10 years without a sponsor in the UAE

Includes visas for his family members, wife and children

Possibility of sponsoring up to three domestic workers

Possibility of obtaining residency for one of his senior employees (adviser or executive director) for 10 years, along with their family members

Possibility of obtaining a multiple-entry visa for a period of six months, renewable for a similar period for the purpose of incorporation, provided that he has:

■ Deposit of minimum Dh10 million in an investment fund in the UAE

■ or ownership of a company in the UAE with a capital of minimum Dh10 million.

■ or standing as a partner in an existing or new company with a share of minimum Dh10 million.

■ or a total investment in the UAE not less than Dh10 million, provided that investment in non-real estate shall not be less than 60 per cent.

■ The amount shall be wholly owned and not a loan.

■ To keep the investment for at least three-years from the date of obtaining the residency.

■ A creditworthiness with minimum Dh10 million, in case of financial claims or civil judgements.

■ Inclusive health insurance document for him and his family members for the duration of the stay.

Five-year residency of an investor in real estate
■ Applicant obtains a residency permit for five years without sponsor within the UAE, as well as for his family members, wife and children, and the possibility of sponsoring up to three domestic workers

■ Must own one or more properties in the UAE with a total value of not less than Dh5million.

■ The property shall be wholly owned.

■ To keep the investment for at least three years from the date of obtaining the residency.

■ Inclusive health insurance document for him and his family members for the duration of the stay.

Five-year entrepreneur residency visa
■ Entitled to a five-year residency visa

■ Ability to be qualified for obtaining a 10-year investors visa, a five-year residency for three executive managers, a five-year residency visa for family members (husband/wife and children), five-year residency visa for three executive directors

■ Non-UAE residents have the opportunity to obtain a six-month visa for multiple trips, with a possibility of renewal for another six months, provided they have:

■ A previous and successful project worth a minimum Dh500,000.

■ Approval from a certified business incubator in the UAE


EMPLOYMENT VISA
VISIT & TOURIST VISA
PCC-POLICE CLEARANCE CERTIFICATE
Police Clearance Certificate (PCC) from India (Through Indian Consulate)
POLICE & RTA
How to register hazardous materials transportation vehicles in Dubai Civil Defence and RTA?
Dubai Traffic fine payments, 7 other services to go fully online
Online Lost Reporting to Dubai Police
Cheque bounce/Insufficient fund Case Reporting-Dubai
Check Criminal Status of Financial Cases through Dubai Police Website
You can open a Criminal Case with Dubai Police through their Website
Vehicle Inspection Request for Changing Colour: Dubai Police Online Service
Lost & Found Service of Dubai Police: Inquire about the found items online
Traffic Status Certificate from Dubai Police
To Whom It May Concern Letter from Dubai Police; Apply online
+ Impounded Vehicle inquiry and Fees payment; Dubai Police
Heart Disease and People With Disability can register with Dubai Police to get rapid aid
Legalization of PCC from UAE Embassy in New Delhi, India
EMIGRATION CLEARANCE

Which Type of Indian Visa is Right for You?
India issues Emiratis, expats five-year business visas
SCHENGEN VISA
What is Schengen Visa and What are the Procedures?
INDIAN PASSPORT
Indian Passport Renewal in UAE
Online application mandatory for Indian passport applications in UAE
Declaration of parent who is staying out of India to apply Passport for children in India
+ Marriage Certificate Attestation From Indian Consulate
+ Undertaking expense for studies (Affidavit from Indian Consulate)
+ Power of Attorney Attestation from Indian Consulate
+ Death Certificate Attestation from Indian Consulate
Additional Booklet (Indian Passport)
IVS Global Services Pvt. Ltd. (Indian Consulate Attestation Centre-UAE)
+ Indian Embassy in Abu Dhabi, Indian Consulate in Dubai and BLS Passport Centers in UAE
+ What is ECR? Emigration Check Required - Indian Passport
+ Salary/Experience Certificate Attestation from Indian Consulate/ Embassy-Dubai, UAE
VISA ON ARRIVAL
RENTAL LAWS
GUIDANCE
Know the Location: Al Barsha, Dubai
Electronic Family Book for UAE citizens and residents
Al Kifaf Municipality Centre offers services round the clock
Pension fund contributions a must for Filipinos
How to get UAE citizenship?
TAMM service centers in Abu Dhabi
Overseas Filipino Workers (OFW) e-Card
E-media licence in UAE for social media influencers-NMC
Housing Fees in Dubai (How to update residential data in DM site?)
Pakistan eases visa policy; e-Visa for 175 countries
Mutual consent divorce process in the UAE
Daily RTA bus service to Muscat from Dubai
A guide to moving to Dubai with children
Management Skills Placement Test for Consulting License in Dubai
Employer should bear Health Insurance Cost in UAE
DHA licence of expats won’t be cancelled on their exit
Bahrain Tourist Visa
Marriage Solemnization at Indian Consulate
Tips to avoid job scams and Fakes Certificates
How to settle UAE bank loan from outside the country?
Two year 'Visiting Doctor's Licence' in Dubai

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.