The following article was originally published for BSA by Arabian Business.
The expatriate population of the UAE stands at 8.8 million,
making up approximately 89 per cent of the total population.
Previously, all residents who are not UAE or GCC nationals needed
to have a sponsor for their residency, subject to renewal after a
maximum of 2 or 3 years. However, the amendments which began in
2019 have offered new paths for foreign residents to reside in the
country.
UAE Golden Visa
His Highness Sheikh Mohammed Bin Rashid Al Maktoum,
Vice-President and Prime Minister of the UAE and Ruler of Dubai
announced the launch of the 'Golden Visa' in 2019, which
grants some residents long-term residency for up to 5 or 10 years,
particularly targeting individuals in the following categories:
investors, entrepreneurs and specialized talent including
outstanding students, medical professionals, scientists,
researchers, doctors, lawyers, and artists.
