In 2019, pursuant to Cabinet Resolution No. 56 of 2018 on Regulating the Residence Permits for Investors, Entrepreneurs, and Specialised Talents, the UAE introduced new long-term residency visa categories (10 year visa or 5 year visa). One such category includes investors in public investments for an amount of AED 10 million or more, whereby such investors will eligible for the 10 year visa without a sponsor. In this article, we will consider the criteria which applicants must comply with in order to apply for this Visa.

1. CONDITIONS FOR OBTAINING A GOLDEN
TEN-YEARVISA FOR INVESTORS
https://hhslawyers.com/blog/10-year-visa-uae-investors/

2. Int.
• In 2019, pursuant to Cabinet Resolution No. 56 of 2018 on Regulating the
Residence Permits for Investors, Entrepreneurs, and SpecialisedTalents, the UAE
introduced new long-term residency visa categories (10 year visa or 5 year visa).
• One such category includes investors in public investments for an amount of AED
10 million or more, whereby such investors will eligible for the 10 year visa without
a sponsor.
• In this article, we will consider the criteria which applicants must comply with in
order to apply for thisVisa.

3. Criteria for Eligibility
• The said investment can be made in one or more of the following manners:
• An investment of no less than AED 10 million in a UAE public investment fund.
• By setting up a company or entity within the UAE with startup capital to the minimum value of AED 10 million.
• Partnering with a new or existing venture by contributing at least AED 10 million to the venture’s share capital.
• An aggregate investment amounting to no less than AED 10 million in all the above-mentioned areas.
• However, any of the investments made in the above-mentioned areas are subject to the conditions that the non-real estate
portion of the investment may not be less than 60% of the total investment, it may not be the subject of a loan and must be
retained for at least 3 years.
• Furthermore, theVisa’s holder may sponsor their spouse, children, one director, and one advisor.
• Lastly, theVisa may be extended to the business partners of the holder, provided that such business partners also make the
necessary contribution of AED 10 million.

4. Term of theVisa
• As mentioned previously, theVisa is renewable every 10 years, on the proviso that
the holder continues to meet the prescribed requirements.
• International investors traveling from abroad may also apply for a multiple-entry
permit for a period of up to 6 months.

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