New “Multiple Visit Visas” have been announced by Dubai Government this week. There are several types of new visas and these are of benefit to a range of cruise tourists, businessmen and property owners & their families.
6 Month Visit Visa for Property Owners
For ANY Property Owner the following benefits apply:-
-The visa will be for 6 months
-Property owners can stay for length of Visa (6 months)
-Dependents of Property owners can also stay 6 months at a time
-It allows multiple entries
-After 6 months a property owner can apply for another 6 months visa.
-Visa only allows residence – you would still have to apply for a work visa in order to work.
-This, 6 month visit visa, like all visas are issued by Ministry of Interior and NOT by Developers or Estate Agents.
-Buying any property does NOT entitle you to automatic lifelong residency in UAE
However, this is a welcome step. Previously the UAE Property Visa was only applicable to Properties over AED 1m. The new Visa applies to property at ANY price. This gives even those buying a low cost Studio property with investment of just £39,000 a 6 months renewable visa.
Investors can still use the normal 30/60 day “Tourist Visa” and tourists from many western countries get this visa free at the airport. However this is limited to 30 days with extension to 60 days at a time – not 6 months.
See following News Articles below:-
UAE Amends Visa Rules
UAE Changes Visa Rules
Multiple-entry Visa is Introduced
UAE to issue multiple entry visit visas
Our view is that this will result in increased demand and hence increased prices on low cost properties