Over the last few months, the UAE has taken great strides in making local residency more appealing to foreigners and those considering relocating to the Emirates. Following the recent announcement of the retirement visa, there are also two other options for those considering calling the UAE their new home that doesn’t require employment from a UAE-based company.
Created for affluent foreigners with sufficient capital, the UAE Long-Term Residence Visa is issued for a five or ten-year period, depending on the type of visa you may be eligible for. Both the five or ten-year visas do not require a sponsor in the UAE, and you can continue to enjoy your life in the UAE, the way you want to. Although this visa is not new to the market; The UAE Long-Term Residence Visa has been available for over two years now.
The five-year Property Investor Visa is a brilliant option for foreigners looking to plant their roots without the requirement of a more considerable investment. The benefit of this option is that, albeit local property ownership is required, you have total freedom in the UAE and can even sponsor your family and other dependents under a property investor visa.