Federal Visa Law
A new federal law has been proposed which grants residency visas to owners of freehold property in the UAE and is likely to come into power within the next year.
While Dubai has always been marketed as providing visas to freehold property owners, there has not been a federal law on such an issue, and confusion persisted over whether ownership actually guaranteed residency because visas came from developers as sponsors, not straight from the Department of Naturalization and Residency. The proposed law will allow property owners to obtain a six-month renewable residency visa, regardless of property value or size, and will be applicable to all nationalities. The visa will be renewable until property is no longer owned.
This new proposal aims to remove confusion caused over whether property developers are legally able to guarantee visas, which has been a contentious issue over the past couple years. Because the law comes from the federal level, it would apply to all Emirates equally and will allow property owners to obtain residency directly from the respective government instead of indirectly through property developers.
Have your say...
Your comment will need to be approved by a moderator before it is added to the “Have Your Say”
Type a comment to add it to the “Have Your Say” using the form below. When finished, you can optionally preview your comment by clicking on the “Preview” button. Otherwise, click the “Add your comment” button to submit your comment.
* Mandatory Fields
