10 Year Visa In Dubai

The 10 year visa gives you the opportunity to live in the United Arab Emirates for 10 years. The main advantage of obtaining a 10 year visa is that unlike other visas, once you obtain this visa, you don’t have to renew it and can simply carry on living in the U.A.E. as long as you like. Whether you’re a teacher, seasoned professional or someone looking for a new life abroad, 10 year visa Dubai is an easy way for you to live and work in the UAE for 2 consecutive years at a time (you can then renew your stay for 3 more years).With the introduction of 10-year visas, tourists and investors have a new reason to travel to the United Arab Emirates (UAE) than ever before. The country is actively growing its tourism industry by making itself an appealing destination for travelers from around the world with its rich heritage, culture, and hospitable people.

Table of Contents

Introduction

“There are two types of people living in Dubai — expats and Emiratis. The former comprises almost 90% of the population. Approximately 2.6 million expats work and live in Dubai because of its numerous career opportunities, favorable tax regime, stable political environment and higher safety standards. According to the Expat Explorer survey by HSBC, Dubai is the best city in the world to start a business.”

“There are two types of people living in Dubai — expats and Emiratis. The former comprises almost 90% of the population. Approximately 2.6 million expats work and live in Dubai because of its numerous career opportunities, favorable tax regime, stable political environment and higher safety standards. According to the Expat Explorer survey by HSBC, Dubai is the best city in the world to start a business.”

Emiratis are citizens of Dubai. There are a few Emiratis who live and work in Dubai but they have to have a special permit issued by the government. Expats are people who have come to Dubai to live, work and study as well as own property or run businesses. They make up almost 90% of the population in Dubai. The rest 10% comprise mostly Indians and Pakistanis along with some other nationalities like Americans and Europeans.

“Emirates ID is the primary proof of identity for UAE residents, which is mandatory for all citizens and residents over age 15. However, Emirates ID card’s validity is only five years, after which it needs to be renewed for another five years. For first-time investors in UAE and long-term business owners who have invested a substantial amount in their business, this practice can prove to be inconvenient.”

The Emirates ID is the primary proof of identity for UAE residents, which is mandatory for all citizens and residents over age 15. However, Emirates ID card’s validity is only five years, after which it needs to be renewed for another five years. For first-time investors in UAE and long-term business owners who have invested a substantial amount in their business, this practice can prove to be inconvenient.

The 10 year visa would remove the need for renewal of your residence permit every 5 years if you are an investor or entrepreneur who plans to stay in Dubai for more than six months at a time. With this new visa, you will receive two (2) visas valid for 5 years each instead of one single entry visa valid only up to 30 days on arrival at any port with no need to apply again before its expiry date

“To overcome this problem, and facilitate investors in UAE, the Ministry of Interior has been working on a 10-year residency visa scheme. This scheme allows investors and other professionals to live in the country without having to renew their visas again and again.”

For many years, investors and other professionals have been facing a lot of problems while living in UAE. The main problem is the time taken by them to renew their visas again and again. To overcome this problem, and facilitate investors in UAE, the Ministry of Interior has been working on a 10-year residency visa scheme. This scheme allows investors and other professionals to live in the country without having to renew their visas again and again.”

According to sources from Dubai Land Department’s website, “the ten year visa will be available for all nationalities who are able to prove that they have lived continuously for more than nine years in the country”.

The person can also be eligible if he/she owns property worth AED 5 million or has an annual income of AED 100 thousand minimum per annum coming from legal sources.”

“Announced at Gitex Technology Week 2018 by Shaikh Mansour Bin Mohammad Bin Rashid Al Maktoum (chairman of Dubai’s Information Technology Council), this innovation forms part of the ministry’s efforts toward building a secure digital network to enable government services. Under the plan, some residential visas will be extended from five years to 10.”

The scheme is aimed at attracting investors and professionals to the country. It will help the government to build a secure digital network, which will enable it to provide various services like education, health care, transport and others in a faster way.

The 10-year visa also allows investors to live in the country without having to renew their visas again and again. The move is expected to attract more foreign investment into Dubai’s economy as well as boost its growth rate by attracting skilled individuals who can contribute towards its development.

Conclusion

“The UAE is the best place to invest in property and business. It offers an attractive tax regime, favorable policies and a stable political environment, which is why many investors from around the world have invested their time and money in the country. However, one may also encounter problems when dealing with documentation for a long-term investment. The 10-year residency visa scheme is set to resolve this issue by providing convenience to investors who want to live here.”