Many foreign citizens are interested in coming and applying for residency in Dubai. One can obtain residency in Dubai if sponsorship by an employer is provided. The Dubai residence visa must be renewed every three years. Another way to obtain residency in Dubai is by purchasing real estate. Once a person obtains residency, he or she will also be allowed to open a bank account in Dubai.
Our company formation consultants in Dubai can advise on the main ways of obtaining residency in the Emirate. With a vast experience in various corporate matters, you can also rely on our specialists if you need guidance in opening a company in Dubai.
Who can apply for a residence permit for the UAE?
There are several conditions under which a foreigner can apply for a residence permit in the UAE. These conditions also depend on the applicant’s nationality. The following requirement must be met when applying for a Dubai residence permit:
- citizens of other nationalities than Gulf Cooperation Council countries are required to apply for a residence permit when moving to Dubai;
- in case of a residence visa obtain through employment, it will be the employer to apply for the visa on behalf of the foreign citizen;
- the residence visa is necessary for various actions, such as setting up a bank account in Dubai, or buying various goods, including automobiles;
- the validity of the passport when applying for the Dubai residence visa must of at least 6 months.
Our Dubai company formation consultants can offer detailed information on all the benefits a foreign citizen can obtain once he or she has obtained a residence permit for the UAE.