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Wednesday, February 10 - 2010

UAE to grant residency to freehold owners

  • United Arab Emirates: Tuesday, February 17 - 2009 at 08:39

The UAE plans to implement a law granting visas to owners of freehold property within a year, reported the National. The proposal will allow owners to obtain a six-month renewable visa, regardless of their nationality or the size and value of their property, said Brig Gen Nasser al Minhali, the acting director general of the federal Department of Naturalixation and Residency. He said the new law aims to create a unified visa system related to home purchases.

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