In 2019, the UAE government implemented the Golden Visa system, which are long-term residence visas in the UAE which are issued for 5 or 10 years. These visas can be renewed automatically, provided all the rules are followed. According to the new system, foreigners can live, study and work in the state without the need of a national sponsor, as well as having the right to 100% business ownership on the UAE’s mainland.
Only several categories can be nominated to apply for a Golden Visa, such as investors, entrepreneurs, students with promising scientific capabilities, as well as specialized talents, and researchers in various fields of science and knowledge.
If you have any questions about selling or buying properties in Dubai, please feel free to contact us and we will do our best to answer your questions.
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