UAE widens 10-year residency 'golden' visa eligibility

Published November 15, 2020
Foreigners in the UAE usually have renewable visas valid for only a few years tied to employment. — AP/File
Foreigners in the UAE usually have renewable visas valid for only a few years tied to employment. — AP/File

The United Arab Emirates will extend its “golden” visa system — which grants 10-year residency in the Gulf state — to certain professionals, specialised degree-holders and others, the UAE’s vice president said on Sunday.

Foreigners in the UAE usually have renewable visas valid for only a few years tied to employment. The government in the past couple of years has made its visa policy more flexible, offering longer residencies for certain types of investors, students and professionals.

All holders of doctorate degrees, medical doctors and also computer, electronics, programming, electrical and biotechnology engineers are eligible, UAE Vice President and the ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum said in a statement.

Also eligible are those with specialised degrees in artificial intelligence, big data and epidemiology, as well as high school students living in the UAE who rank top in the country and students from certain universities with a GPA of 3.8 or higher.

After first announcing a long-term visa plan in 2018, the UAE in 2019 started granting 5- and 10-year renewable visas to certain foreign investors, entrepreneurs, chief executives, scientists and outstanding students.

The emirate of Dubai, a Middle East trade and tourism hub, in September said it would grant visas renewable every five years to wealthy foreign retirees.

An oil and gas producer, the UAE’s economy has been hit by the coronavirus pandemic and low oil prices, prompting many expatriates to leave.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Saudi investment
Updated 10 Apr, 2024

Saudi investment

The state has to address barriers that stand in the way of attracting foreign investment, and create a pro-business environment.
Charity for change
Updated 11 Apr, 2024

Charity for change

PAKISTANIS are large-hearted people who empty their pockets at the slightest hint of another’s need. The Stanford...
World Bank’s advice
Updated 09 Apr, 2024

World Bank’s advice

The next IMF programme will be far tougher than any other Pakistan has embarked on in the past.
Middle East heat
09 Apr, 2024

Middle East heat

America must communicate to Israel that further provocations, particularly targeting sovereign states, will be unacceptable.
Killing fields
09 Apr, 2024

Killing fields

PERHAPS rankled by the daily flood of grisly news — murders, armed robberies, muggings and kidnappings — and...