Permanent Residency in Dubai - Golden Card
Apartments for rent in Dubai Historically, the UAE has had a strict policy when it comes to accepting foreigners in their land. However, as you might already have seen in the past decades, the country has become more lenient and made initiatives to attract foreign investors to the country and encourage them to buy real estate in the UAE . In a recent announcement by HH Sheikh Mohammed Bin Rashid al Maktoum, UAE will now be issuing a Golden Card visa, which allows foreign nationals to become a permanent resident of the country. This is first of its kind and groundbreaking because for quite some time, only 2 to 3 year employer linked visas were given. In addition to that, 5 and 10 year visas will also be issued for expats who invest Dh5 and Dh10 million respectively. Exact details of the Golden Card visa aren’t fully shared to the public, but it will soon be revealed. Nevertheless, the Golden Card visa would surely provide permanent residency to a foreigner, which can be extend...