UAE Introduces Permanent Residency Visa

The emirate of Ras Al Khaimah in the United Arab Emirates (UAE) has introduced the “Lifetime Visa” program, priced at AED16,500 annually, as revealed by the Ras Al Khaimah Economic Zone (RAKEZ).

At an annual cost of AED16,500, the visa encompasses various advantages, including a UAE residence visa, third-party visa processing, medical examinations, an Emirates ID card, pre-approval for a business license, and access to a shared workstation.

This permanent residency visa presents an ideal option for individuals seeking to relocate with their families, enabling visa holders to effortlessly sponsor their family members for relocation to join them in the UAE.

Notably, the AED16,500 company set-up package covers all associated fees without any additional charges.

Interested parties can apply directly through the RAKEZ website, although the duration of the opportunity has not been specified despite the disclosure of the visa’s cost and benefits.