People from across the world aspire to live in the city of Dubai. In 2019, the UAE introduced exciting changes to give more people the flexibility to live here.
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The UAE implemented a new system for long-term residence visas to allow people to have a more stable status. The improved system will enable foreigners to live, work and study in the UAE without a national sponsor. Traditionally, the sponsor is the place of employment. Such visas are only valid for two to three years.
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The new “Golden Visas” are issued for 5 or 10 years and can be renewed without the need of a sponsor. This gives people the freedom to not worry about losing their residence visa status should they leave an employer. This new policy is expected to provide a boost in the property market as residents can establish stronger roots in the UAE.
There are several subcategories of people that can apply for a five-year visa.
There are several subcategories of people that can apply for a five-year visa.