When it comes to the quality of life, Dubai consistently ranks high in safety, business freedom, taxation, etc. Several foreign expats have made it their location of choice, and there are more coming in every day to try and succeed professionally and personally. Take a better look at these benefits and find out how to obtain a UAE residence visa.
As one of the global hubs for business, Dubai has a prime location in the Middle East for commerce and startups. It is home to the 4th busiest airport globally, as flights to almost all tourist destinations are no more than 6 hours away. No matter what industry you’re in, there is most likely an opportunity for you. The government’s efforts towards welcoming entrepreneurs also make it an excellent location for fulfilling your startup dreams. Income in the UAE is also tax-free, which gives expats the chance to build up their savings and save towards a better and more secure future.
With almost 90% of the population being expats, the UAE is home to a diverse mix of cultures, religions, and languages. This creates a wealth of learning opportunities and allows residents to make some truly global connections. It also leads to a delicious and never-ending dining scene that is beloved by its population.
Safety and security
The UAE has the second-lowest crime rate globally, with a crime index of just 15.52 amongst a population of almost 10 million people. There are virtually no crimes, and whenever they do occur, they are mostly of the white-collar variety.
There are several scenarios through which a foreign expat can apply for residency in Dubai. A few of the ways include:
- Opening a business
- Get employed
- Obtain a freelance permit
One of the most popular ways is opening a business, and this can be done through the help of local partners or free zones. The process is simple and usually allows you to stay in your home country while your business is being incorporated, but requires you to be in the UAE
When setting up a business in the UAE, several people opt for getting a license from the Dubai Economic Department (DED). This route requires you to have a local partner that owns a majority 51% of the shares, which can be a point of concern. Luckily, Sanctuary strives to protect foreign expats with bespoke structuring services that enable the expat to have 100% control as the ultimate business owner and protect their assets.
Regardless of what you’re looking for, Dubai’s robust infrastructure and endless opportunities can offer it to you. Take the next step today!