QUICK FACTS | |
LOCATION | It is at the tip of the Arabian Peninsula, having borders with Saudi Arabia ,Oman, Qatar, The Kingdom of Saudi, and Iran. |
POLITICAL STATUS | The form of government can be referred to as a federal presidential elected monarchy, as the president is elected from among the absolute monarchs who rule each of the seven emirates. |
CAPITAL | Abu Dhabi |
POPULATION | (2019 )– 10.749 million |
SIZE | 83,600 SQ KM |
LANGUAGE | Arabic (official), English |
CURRENCY | Emirati dirhams (AED) |
TIME | (GMT+4) |
DATE OF INDEPENDENCE | December 2, 1971 |
RELIGION | Islam |
GOVERNMENT TYPE | The government of the UAE has three branches of the legislature, executive, and judiciary. Legislative and executive duties are divided into the Emirate and federal authorities. The executive branch of the government includes the Federal Supreme Council and the cabinet. The Federal Supreme Court makes up the judiciary and laws of the nation are based on the Sharia laws. The seven rulers of each of the Emirates make up the Federal Supreme Council. The Federal National Council is the executive branch of the government. |
LEGAL SYSTEM | The legal system of the United Arab Emirates is based on the Constitution of the United Arab Emirates; this system is dual in nature as it has local and federal courts with a Supreme Court Based at Abu Dhabi. |
INTRODUCTION:
The United Arab of Emirates consists of seven self-governed emirates Abu Dhabi, Dubai, Sharjah, Fujairah, Umm Al Quwain, and Ajman which formed a federation in 1971 later the seventh’s state of Ras Al Khaimah had joined the federation on 10 February 1972.
The United Arab Emirates (UAE) (were formerly known as the Trucial States), is a country on the Arabian Peninsula where located on the southeastern coast of the Arabian Gulf and the northwestern coast of the Gulf of Oman. It has an international border with Qatar, Oman, Saudi Arabia, and Iran.
The country has been characterized by the presence of pearls in abundance, which was the aim of all parties were trying to get in one form or another; but the British protection helped to reduce the piracy of pearls, which led to the prosperity of pearls industry, and thus increase the income and employment of UAE nationals along the Arabian Gulf. As one result of The World War II, the pearl industry has ended which in turn led to a major economic decline and continued until 1960 when the first oil shipment from Abu Dhabi was exported to revive the economy.
Today, the UAE has become the state of modernity and the export of oil, international tourism, and the scientific and cultural events, it’s the land of development seekers and jumping into the future. Also, UAE is a country of breaking records with the tallest buildings in the world (Burj Khalifa), largest man-made seaport and inhabited islands, and biggest international airport, and of course breaking records with fireworks the New Year celebrations.
The UAE has embodied the involvement of various nationalities and living in one country in peace and safety.
Investment criteria:
Applicants under UAE Residency Programme must choose one of the potential routes:
Application criteria
Benefits of UAE Residency Program:
Benefits of UAE Residency Program:
Five countries UAE residents can visit without a visa
As long as you have a residence visa in the UAE, you can travel without a visa
Azerbaijan, Georgia, Armenia, Maldives, Seychelles, and Mauritius. The UAE residency also helps facilitate some visa procedures for several countries.
THE MAIN STEPS TO GET UAE RESIDENCY:
The process may be simplified into the following steps:
Step 1
Register for E-Channel services; the first step to applying for a free zone visa in the UAE is to register for the e-channel services. It is designed by the Government of the United Arab Emirates to simplify visa procedures. NTL on your behalf will register your company for online services and pay the mandatory registration fee – AED 2,500 plus a refundable security deposit of AED 5,000 – and they will do the rest. You will receive a notification as soon as you are registered.
Step 2
Entry permit; You’ll need to apply for your entry permit after registered for E-Channel services, which also known as an employment visa. This is essentially a temporary visa, valid for 60 days. Entry permits are usually issued within 15 days, however for an additional fee of AED 1,000
It is strongly advised that you refrain from leaving the UAE after applying for your entry permit. Doing so can cause discrepancies in your immigration file which can lead to delays in the process. Your entry permit is an electronic document that will be emailed to you once ready.
Express service is available which takes 5-7 working days.
Step 3
Status change; after obtaining the entry permit, starting the process which known as ‘status change’ or ‘status adjustment’.
It is not possible to obtain your full visa without completing this stage. There are three different ways to carry out a status change – in-country, out of country, and the so-called ‘border run’.
Step 4:
Medical fitness test and UAE ID registration
For UAE visa you need to do a medical fitness test and the registration of the UAE ID card.
The medical fitness test consists of a blood test for any contagious diseases, and x-rays in the chest. This can be completed within a few hours, and results are usually available after three business days.
With the results of your medical examination, you can apply for your Emirates ID card. This is an identification card that must hold at all times; to open bank accounts or enter into mobile phone contracts or a lease. For this process, you will need to visit an official authority of identity to submit your application. Some biometric details (eye scans and fingerprints) should be taken. Accepted you are invited to pay the investment in full.
Step 5
Stamping the Residence visa; the final stage of the visa application process is the residence visa stamp – this refers to obtaining a residence visa stamp or sticker in your passport. This process can take up to 15 working days during which time you will be unable to travel outside of the UAE.
ECONOMIC Residency:
Purchasing and owning a property. In order to have the right of applying documents for the residency visa status in UAE over this category, the property must be completed, means, its construction must be finished and the value of such property must be not less than 1 million dirhams, which is approximately USD 273.000.
Register the company in a UAE free trade zone and the right to submit residence documents in the UAE as a shareholder in the company. This company does not only provide shareholders with residence, but also provides this option to its employees, if necessary.
It great to mention that, although it is not obliged to conduct business through that company in order to obtain residency status, it can also be used effectively for business and to take advantage of all the advantages of tax exemption for these companies.
Under this option you obtain the residence visa by entering into an employment contract, you need an employment visa in order to get employed officially in Dubai or other Emirates. All formalities related to visa obtainment shall be performed by your employer. On average it takes 2-3 weeks to receive such visa.