GOOD NEWS! UAE Announces Citizenship For Investors & Professionals

GOOD NEWS! UAE Announces Citizenship For Investors & Professionals

UAE Citizenship Investors Professionals

The United Arab Emirates (UAE) has adopted amendments that would allow the Gulf state to grant citizenship to investors and professionals. The professionals included are scientists, doctors, and their families, the government said on Saturday.

“The UAE cabinet, local Emiri courts and executive councils will nominate those eligible for the citizenship under clear criteria set for each category.”

Dubai’s ruler and UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum said in a Twitter post.

“The law allows receivers of the UAE passport to keep their existing citizenship,” Mohammed added.

It was unclear if new passport holders would benefit from the public welfare system. The UAE spends billions of dollars yearly on free education, healthcare, housing loans, and grants for its estimated 1.4 million citizens.

Foreigners in the UAE usually have renewable visas valid for only a few years tied to employment. The government in recent has made its visa policy more flexible. The UAE offers longer residencies and citizenship for certain types of investors, students, and professionals.

united arab emirates
Image: Twitter

Last year, the government extended its “golden” visa system to certain professionals, specialized degree-holders, and others. It grants a 10-year residency in the Gulf state.

An oil and gas producer, the UAE’s economy has been hit by the coronavirus pandemic and low oil prices. The crisis prompted tens of thousands of expatriates to leave.

The Gulf country had announced in October last year that it was changing laws for expats. And the good news is finally here now. So, are you eligible to become an UAE citizen?

Also Read: UAE Halts New Visas To Citizens Of Pakistan & 12 Mostly Muslim States Due To Security Reasons

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