What are the conditions for permanent residency in the Emirates? The United Arab Emirates is one of the most attractive destinations for individuals looking for new opportunities to live, work and invest. With its thriving economy and advanced infrastructure, the UAE has become an international hub that attracts professionals and investors from all over the world. In recent years, the UAE government has increased its efforts to enhance the country’s attractiveness by introducing a permanent residency system that gives individuals and their families the opportunity to settle in the country for an extended period. This article aims to clarify the steps, conditions, and advantages related to obtaining permanent residency in the Emirates . We will review in detail how to submit an application, the medical and administrative requirements, in addition to the financial and professional conditions. We will also discuss the benefits that permanent residents receive in the Emirates, which makes it an ideal destination to live, work and invest.

What are the conditions for permanent residency in the Emirates?

Permanent residency in the UAE

Permanent residency in the UAE is a type of visa that grants individuals the right to long-term residency in the country without the need for frequent renewal. This residency comes in multiple forms, the most prominent of which are the Golden Residence Visa and the Silver Residency Visa. The Golden Residence Visa, for example, is intended for people who invest in the UAE, have specialized skills, or live in the country permanently, and provides them with benefits such as long-term stability, the possibility of living with family, and working or investing freely. On the other hand, silver residency includes similar benefits but may require fewer conditions. Obtaining permanent residency requires meeting certain conditions, such as large investments, a stable income, or commitment to specific categories of professionals. Permanent residency is an ideal opportunity for individuals wishing to settle in the Emirates and benefit from its economic and social advantages.

Permanent residency in the UAE also offers a range of benefits such as access to excellent health and education services, and participation in social programs provided by the country. This residency gives individuals long-term stability, enhancing their ability to plan their future lives in the UAE. In addition, permanent residency holders enjoy broader work or investment opportunities, as they can establish companies in Dubai , expand their businesses, or even retire comfortably. As for family members, they can enjoy the same benefits, which contributes to enhancing family stability. Through this residency, the UAE aims to attract high talent and foreign investors, strengthening its position as a global center for business and investment.

Conditions for permanent residency in the Emirates

Obtaining permanent residency in the UAE requires fulfilling a set of conditions that ensure the individual adheres to the laws and standards specified by the UAE government. Below we review the most prominent of these conditions:

Investing in real estate

One of the basic conditions for obtaining permanent residency in the UAE is investing in real estate. Applicants must purchase one or more properties with a certain value determined by local authorities. This condition aims to stimulate investment in the real estate market and strengthen the national economy. The property must be fully owned by the applicant and not mortgaged.

Recruitment in the Emirates

Working in the UAE is another condition for obtaining permanent residency. The applicant must have a valid employment contract with a recognized company in the Emirates. This condition requires that the applicant be a qualified professional in his field of work, and have practical experience that contributes to the growth of the local economy.

Financial capacity

Also an important condition is the financial capacity of the applicant. The applicant must prove that he or she has a stable and sufficient income to live in the UAE without having to rely on government aid. This can be achieved by submitting bank statements, salary certificates from the employer, or any other documents proving financial stability. Meeting these conditions is an essential step towards obtaining permanent residency in the Emirates, and it reflects the government’s commitment to providing a stable and safe environment for its residents.

Establishing a company in Dubai for foreigners with the help of Itqan Company

Establishing a company in Dubai for foreigners with the help of “Itqan” company provides a smooth and efficient experience for international investors wishing to enter the UAE market. Itqan Company provides integrated services that include every step of establishing a company, starting from choosing the appropriate business activity, providing legal advice, to preparing all necessary documents and registering the company. Thanks to its extensive experience and deep understanding of legal and commercial procedures in Dubai, Itqan ensures that the incorporation process is accelerated and potential obstacles are avoided. The company also provides ongoing support in obtaining business licenses, opening bank accounts, and providing commercial offices, making it a reliable partner for foreigners who want tosuccessfully establish a company in Dubai in one of the most dynamic markets in the world.

Itqan also helps identify the best free zones or economic zones in Dubai, based on business requirements and investor needs. By providing specialized consultations, the company contributes to determining the optimal legal form of the company, whether it is a sole proprietorship, a partnership, or a limited liability company. It also contributes to facilitating the process of obtaining the necessary visas and residency permits for owners and employees, ensuring that all legal and administrative requirements are met. Thanks to its commitment to providing outstanding and personalized customer service, Itqan allows expatriates to focus on developing their business rather than getting bogged down in the complex details of incorporation. In general, cooperation with “Itqan” ensures that foreign investors establish their companies efficiently and successfully in Dubai, which contributes to achieving their business goals in a suitable and supportive environment.

Advantages of permanent residency in the UAE

Permanent residency in the United Arab Emirates is a dream for many due to the many advantages it provides that contribute to improving the quality of life and personal and professional stability. In this section, we will review the most important features of permanent residency that make it an attractive option for investors and professionals around the world.

Financial stability

One of the most important advantages of permanent residency is providing financial stability for the individual and his family. Permanent residents of the UAE can benefit from the country’s thriving investment climate, which includes many diverse investment opportunities such as real estate, stocks, and emerging companies. In addition, permanent residents can enjoy distinct tax benefits as the UAE does not impose taxes on personal income, which helps in increasing savings and long-term financial planning.

Access to government services

Permanent residents of the UAE have access to a wide range of government services that facilitate their daily lives. These services include high-quality health care, free or subsidized education for children in public schools, in addition to benefiting from advanced infrastructure and public services such as transportation. Permanent residency also allows them to easily open bank accounts and obtain loans and financing on favorable terms.

Freedom of movement

One of the most prominent advantages of permanent residency in the UAE is the freedom of movement within and outside the country. Permanent residents can travel freely to and from the UAE without the need to constantly renew entry and exit visas, which provides them with great flexibility in planning their trips and movements. In addition, they can benefit from the visa-free travel agreements that the UAE enters into with many countries, making it easier for them to visit other countries for business or tourism purposes.

In general, permanent residency in the UAE is an attractive option for those seeking stability and prosperity in an advanced economic and social environment, as it offers them many advantages that improve their quality of life and open wide horizons of opportunities for them.

Types of companies in the Emirates

Steps to obtain permanent residency in the UAE

Obtaining permanent residency and establishing companies in the Emirates requires following a set of specific steps and adhering to the required conditions. This process may seem complicated at first, but it becomes clearer when broken down into clear steps. Here are the main steps to obtain permanent residency in the UAE:

Submission of the application

The first step in obtaining permanent residency is submitting the application to the competent authorities. Applicants must fill out the application form carefully and ensure that all required information is provided correctly. It is important to check all details and submit the application through official channels to ensure that it is not rejected for minor reasons.

Pass the medical examination

After submitting the application, applicants must pass a medical examination. This examination includes a set of health tests aimed at ensuring that the applicant is free of any infectious or chronic diseases that may affect public health in the country. Passing this examination is a prerequisite for obtaining approval for permanent residency.

Submit the required documents

The process of obtaining permanent residency requires submitting a set of official documents. These documents include passport, personal photographs, birth certificates, marriage certificates (if applicable), and education and work records. In addition, competent authorities may require evidence of financial ability, such as bank account statements or investment certificates. Following these steps carefully and adhering to the required conditions increases the chances of obtaining permanent residency in the Emirates, allowing applicants to benefit from the many benefits that the country provides to permanent residents.

In conclusion, permanent residency in the United Arab Emirates is a goal sought by many from around the world, due to the opportunities and financial and social stability it provides. By following the necessary steps and meeting the specified conditions, individuals can achieve this goal and benefit from the many benefits that permanent residency offers. The process of obtaining permanent residency in the UAE requires submitting an official application, passing a medical examination, and submitting the required documents, which ensures that the person complies with the country’s health and legal standards. In addition, basic conditions for benefiting from this benefit include investing in real estate, employment in the UAE, or having sufficient financial capacity to support residency.

Frequently asked questions about permanent residency in the UAE