The Emirate of Ras Al Khaimah in the United Arab Emirates (UAE) has introduced the Permanent Residency Visa “Visa for Life” program, which comes at an annual cost of AED16,500, as revealed by the emirate’s free-zone authority, RAKEZ (Ras Al Khaimah Economic Zone).
For an annual fee of AED16,500, this visa offers an array of advantages, including a UAE Visa, streamlined third-party visa processing, comprehensive medical tests, issuance of an Emirates ID card, pre-approval for a business license, and access to a shared workstation.
This permanent residency visa presents an excellent opportunity for individuals planning to relocate with their families, providing the convenience of easily sponsoring their loved ones for relocation to join them in the UAE.
It’s noteworthy that the AED16,500 company set-up package encompasses all associated fees without any additional costs. Those interested in seizing this opportunity can submit their requests directly through the RAKEZ website.
While the cost and associated benefits of the Permanent Residency Visa have been disclosed, RAKEZ has not specified the duration for which this opportunity will remain available. The initiative aims to attract individuals seeking long-term residency solutions and bolster the emirate’s appeal as a destination for both business and personal pursuits.
