A residence permit in the UAE gives you the opportunity to feel like a full-fledged citizen of a country with a high standard of living, a better business environment and financial stability. More than 80% of residents today are already economic migrants. The state is interested in attracting investment and creates the most comfortable conditions for moving to the UAE.
Resident visa gives expats a large set of opportunities, rights. In particular:
- Free entry and exit from the country
- Long-term stay in the UAE
- Obtaining the status of a tax resident;
- Opportunity to open a business, bank account
- Study in local universities, employment in companies
- Long-term (up to 10 years) stay
- Obtaining a driver’s license
- Registration of medical insurance
- Family reunification, etc.
To obtain a resident visa based on the purchase of real estate, the applicant must meet certain conditions:
- Become an investor by investing a certain amount of money in the purchase of real estate. As a rule, it should be an apartment villa worth at least 750,000 dirhams. Real estate is chosen with the expectation of meeting the minimum requirements of the legislation of the country.
- Provide a package of documents required to obtain a visa. The list includes: documents of title to the property, passport, health insurance, etc.
In some cases, a resident may be denied a visa. For example, in the presence of certain diseases, criminal record, other troubles with the law.A resident visa can be of two types:
- Green visa issued for 2 years
- Gold visa issued for 10 years
Issuance depends on the needs and capabilities of the applicant. NBS Services specialists will assist in collecting documents, organizing document flow, provide necessary consulting services and maximize the period of submitting documents and achieving the desired result.