Ras Al Khaimah, a part of the United Arab Emirates (UAE), has introduced a new initiative granting permanent residency visas, as revealed by the emirate’s free-zone authority, RAKEZ. Individuals can avail themselves of these visas on an annual basis, with a fee of AED16,500.

For the annual fee of AED16,500, the visa offers several benefits including a UAE residence visa, third-party visa processing, medical tests, an Emirates ID card, pre-approval for a business license, and use of a shared workstation.

The permanent residency visa serves as an excellent chance for individuals seeking to move with their dear ones, offering visa holders a seamless way to bring their family members to the UAE. This opportunity enables them to sponsor their loved ones for relocation and reunite with them in the Emirates.

It is important to note that the AED16,500 company set-up package includes all the fees without any extra costs.

Those who intend to avail the opportunity can submit their request directly through the RAKEZ website.

Even though RAKEZ has shared information about the expenses and advantages of the visa, they have not clarified the duration for which this opportunity will be available.