The Federal Authority for Identity and Citizenship (FAIC) has approved a plan for a new system of entry visas into the UAE, geared at investors and professionals. This new system will allow qualified investors and professionals to access a long-term visa, for up to 10 years.
The 10 year residency visas can be granted to investors, innovators, and talented specialists in the scientific, medical, technical, and research fields.
A five year residency visa has also been announced for foreign students studying in the UAE, and a 10 year visa for those marked exceptional students. At present, foreign university students hold a visa valid only as long as they are enrolled. Upon graduation, this visa becomes void, and the students will have to leave the country, continue further studies, or seek a sponsor and job.
A review of the existing residency system is also set to be conducted, with focus on potentially extending residency permits for students sponsored by their parents after completion of their studies.
All information is current and accurate at the time of publishing. However, the above information and status is highly susceptible to change without warning, and thus this cannot substitute for any legal advice. The Global Immigration Network cannot be held responsible for any actions stemming from the information provided above.