100% ownership of UAE-based firms for international investors, 10-year residence visa for investors, professionals (doctors, engineers, etc) as well as their families, and Grade A students
The UAE Cabinet has announced decisions
- allowing a 100-per cent ownership of UAE-based enterprises for international investors,
- residency visas for up to 10 years for investors
- residency visas for up to 10 years for investors professionals (doctors, engineers, etc.) and their families,
- grade ‘A’ students.
The move was announced in a tweet sent out from the official Twitter handle of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
The amendments to the residency system were approved during a Cabinet meeting chaired by Shaikh Mohammad Bin Rashid Al Maktoum.