{"id":1463,"date":"2024-01-15T05:12:17","date_gmt":"2024-01-15T05:12:17","guid":{"rendered":"https:\/\/arabfirstnew.ticyt-demo.in\/?p=1463"},"modified":"2024-01-15T05:12:17","modified_gmt":"2024-01-15T05:12:17","slug":"five-year-visa-for-outstanding-students","status":"publish","type":"post","link":"https:\/\/arabfirst.ae\/index.php\/2024\/01\/15\/five-year-visa-for-outstanding-students\/","title":{"rendered":"five year visa for outstanding students."},"content":{"rendered":"

10-year visa for Investors & Specialised talents, 5-year visa for Entrepreneurs and 5-year visa for Outstanding students in UAE.<\/h3>\n
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The long-term residency visas for expatriates from five select categories has come into force, permitting them to stay in the UAE for up to 10 years.
\nIt grants long-term stay in the country to investors, real estate investors, entrepreneurs, talented people like doctors, researchers, innovators and outstanding students.<\/p>\n

Applicants under all these five categories \u2014 including outstanding students \u2014 will be granted a renewable residency visa and will be permitted to sponsor their spouses and children.<\/p>\n

These categories include general investors who will be granted a 10-year visa, real estate investors, who can get a visa for five years, along with entrepreneurs and talented professionals such as doctors, researchers and innovators 10 years.<\/p>\n

The fifth category \u2014 outstanding students \u2014 will also be permitted residency visas for five years. All categories of visas can be renewed upon expiry.
\nExpats can apply under investors category, once they qualify during their stay.<\/p>\n

New long-term visa categories
\nINVESTORS – 10 YEAR VISA<\/b>
\nConditions:
\n\u25a0 Public investment via deposit or company (not less than Dh10 million)<\/p>\n

\u25a0 Non-real estate investments shouldn\u2019t be less than 60 per cent of total investments<\/p>\n

\u25a0 Investor should hold full ownership \u2013 not loan. Or he can prove that he reserves rights of investments for three years as minimum.<\/p>\n

\u25a0 Asset should not be encumbered by claims that impair the appropriateness of the financial value of Dh10 million<\/p>\n

Benefits:<\/p>\n

\u25a0 10-year visa is renewable<\/p>\n

\u25a0 Possibilities of having partners with a condition that each partner should invest Dh10 million<\/p>\n

\u25a0 Visa for spouse and children for 10 years<\/p>\n

\u25a0 10-year visa for one executive director and one advisor<\/p>\n

\u25a0 Six month validity entry visa with permits for multiple travels
\nVisa Cost:<\/b>\u00a0Dh1350 (family visa also available at the same cost)<\/b><\/p>\n

REAL ESTATE INVESTORS – 5 YEAR VISA<\/b>
\nConditions:
\n\u25a0 Total investment in real estate should not be less than Dh5 million<\/p>\n

\u25a0 Investor should hold ful lownership \u2013 not loan. Or he can prove that he reserves rights of investments for three years as minimum<\/p>\n

\u25a0 Financial asset should not be encumbered by claims that impair the appropriateness of the \u0081financial value<\/p>\n

Benefits:<\/p>\n

\u25a0 Five year renewable residency visa<\/p>\n

\u25a0 Five year visa for spouse and children<\/p>\n

\u25a0 Five year visa for one executive director and one advisor<\/p>\n

\u25a0 Six month validity entry visa with permits for multiple travels
\nVisa Cost:<\/b>\u00a0Dh650<\/b><\/p>\n

ENTREPRENEURS – 5 YEAR VISA<\/b>
\nConditions:
\n\u25a0 Owning a project with a value of not less than Dh500,000 with accreditation certi\u0081cates from the government<\/p>\n

Benefits:<\/p>\n

\u25a0 Five year visa, which can be upgraded to investors visa<\/p>\n

\u25a0 Five year visa for spouse and children<\/p>\n

\u25a0 Six month validity entry visa with permits for multipletravels. This also can be extended for another six months<\/p>\n

\u25a0 Five year visa for three executive directors.
\nVisa Cost:<\/b>\u00a0Dh650<\/b><\/p>\n

RESEARCHERS\/SCIENTISTS, DOCTORS, INNOVATORS – 10 YEAR VISA<\/b>
\nConditions:<\/p>\n

\u25a0 Existence of a valid work contract and with specialisation in fields that are prioritised in the country<\/p>\n

Benefits:<\/p>\n

\u25a0 10 year renewable visa<\/p>\n

\u25a0 10 year visa for spouse and children<\/p>\n

OUTSTANDING STUDENTS – 5 YEAR VISA<\/b>
\nConditions:<\/p>\n

\u25a0 Student should have at least 95 per cent in secondary school with a distinction of 3.75 GPA upon graduation from any university<\/p>\n

Benefits:<\/p>\n

\u25a0 Five year renewable visa<\/p>\n

\u25a0 Five year renewable visa for his family
\nVisa Cost:<\/b>\u00a0Dh650<\/b><\/p>\n

Website<\/p>\n

Those interested in obtaining these visas can\u00a0apply online at the authority\u2019s website<\/a>
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\nThe UAE has done this to retain talent and maintain an attractive environment for business and investors.<\/p>\n

Such visas are only available to entrepreneurs, investors and specialist talents in the field of science and research, as well as exceptional students. Visas include spouse and children of the recipient.
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\n<\/b>1-Investors (10-yr visa)<\/b><\/p>\n

Two categories of investors benefit from this, and the decision includes provisions to grant them the visas.<\/p>\n

Investors in a property of a value of\u00a0Dh5 million<\/b>\u00a0or more will be granted a residence\u00a0for five years<\/b>, while investors in public investments through a deposit, an established company, business partnership of\u00a0Dh10 million<\/b>\u00a0or more, or a total investment of not less than\u00a0Dh10 million<\/b>\u00a0in all areas mentioned as long as non-real estate investments [ not less than 60 per cent of the total investment [will be granted a renewable residency visa every\u00a010 years<\/b>.<\/p>\n

The Cabinet decision outlines the following conditions for both categories:<\/p>\n

>The amount invested shall be wholly owned by the investor and not loaned, and should be proven by supporting documents<\/p>\n

>Investment retention for at least\u00a0three<\/b>\u00a0years<\/p>\n

>A standard financial liability with a financial solvency not exceeding Dh10 million<\/p>\n

> The long-term visa could also be extended to include business partners, provided that each partner contributes\u00a0Dh10 million<\/b>, the spouse and the children, as well as one executive director and one advisor.<\/p>\n

However, the decision allows investors to enter the country for a six-month period, multiple entry, to apply for the long-term visa requirements.<\/p>\n

2-Outstanding students<\/b><\/p>\n

The decision also includes provisions for granting a\u00a05-year visa<\/b>\u00a0to outstanding students with a grade of at least\u00a095 per cent in public secondary schools<\/b>\u00a0in public and private schools, and a distinction of at least 3.75 GPA upon graduation from universities within and outside the country. Benefits include families of the outstanding students.<\/p>\n

3-Entrepreneurs (5-yr visa)<\/b><\/p>\n

Entrepreneurs will be granted a\u00a05-year visa\u00a0<\/b>with a possibility for upgrading to an investor’s visa provided they meet the requirements. The decision also includes the terms to grant long-term visa to two categories of entrepreneurs; having a previous project with a minimum of\u00a0Dh500,000<\/b>, or having the approval of an accredited business incubator in the country.<\/p>\n

The benefits of the entrepreneurial visa include entrepreneurs, partners, three executive directors, spouse and children. The entrepreneur is allowed entry into the country for six months, multi-entry visa period, with renewal for another six months.<\/p>\n

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