Residence can be obtained under the following guidelines:
● You could be a company shareholder in a Dubai company. UAE offshore companies do not provide the possibility of residency. Only Free Zone Companies and UAE companies that are onshore provide this. It takes about 4 weeks to finalize the procedure of incorporation and issuance of a residency permit. It is issued for about 3 years depending on the company type.
● If you are a family member of the company shareholder. Once you get residency we will get residency for your family members as well. This takes about two weeks. These also last about 3 years depending on the Visa type the shareholder received.
● If you own property. If you own a property worth 1 million AED you can get residency for up to 2 years.
● If you are under an employment contract. Your employer would arrange all the necessary paperwork for you. This takes about two weeks to receive.
A Residency visa in Dubai, UAE allows you to work and live. There are also other great things about it. You do not pay any personal income taxes in UAE. This is according to the applicable tax laws and regulations.