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In 2019, the UAE implemented a new system for long-term residence visas. The new system enables foreigners to live, work and study in the UAE without the need of a national sponsor and with 100 percent ownership of their business on the UAE’s mainland. These visas will be issued for 5 years and will be renewed automatically.

Eligibility for a 5-year visa

The following categories are entitled to apply for a 5-year residence visa in the UAE.

  1. Investors in a property in the UAE 

Conditions:

Granting a visa is subject to the following conditions:

  • The investor must invest in a property of a gross value of not less than AED 5 million.
  • The amount invested in real estate must not be on a loan basis.
  • The property must be retained for at least three years.
  1. Entrepreneurs

This category includes those having an existing project with a minimum capital of AED 500,000, or those who have the approval of an accredited business incubator in the country. The entrepreneur is allowed a multi-entry visa for six months, renewable for another six months. The long-term visa includes the spouse and children, a partner and three executives.

  1. Outstanding Students

This includes:

  • outstanding students with a minimum grade of 95 percent in public and private secondary schools
  • university students within and outside the country having a distinction GPA of at least 3.75 upon graduation.

The long-term visa includes families of outstanding students.