UAE VISA REFORMS
Business Investing UAE

Will the recent reforms in the UAE visa system attract more business investments?

The visa reforms recently conducted by the UAE government for families, visitors, experts, and investors, are a clear indication that the UAE is pursuing its drive to make the country a permanent home for expats and to attract more businesses investments.

Under the new reforms that were announced last year, widows, divorced women and their children are granted a one-year residency visa extension. The new rules also allow a one-year extension of residency period for dependents who have finished their university studies; and visit visa holders can apply for a 30-day extension for two times without having to leave the country.

The long-term residence visa for highly-skilled workers and investors has created more certainty for expats and increased confidence for investors, which will have a direct positive impact on the business community in the UAE.

The Cabinet’s decision to make ‘salary’ and not ‘profession’ as the sole criteria for residents to sponsor their spouses is an inclusive measure and a progressive move that will enable not just professionals but also skilled workers to procure resident visas for their spouses and children.

The Federal Authority for Identity and Citizenship (FAIC) has implemented many of the visa reforms while the latest ones will come into effect in the near future. The government said the changes were intended at providing the best services for expats and easing life for everyone and to make the Emirates as competitive as possible as it’s keen on remaining a global incubator for exceptional talents and a permanent destination for international investors.

SOURCE

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