In a strategic move aimed at attracting global talent and fostering long-term residency, the emirate of Ras Al Khaimah in the United Arab Emirates (UAE) has introduced an unprecedented initiative – affordable permanent residency visas.
Revealed by the Ras Al Khaimah Economic Zone (RAKEZ), the visa, priced at AED16,500 annually, comes with an array of benefits.
Cost-effective perks
The AED16,500 package offers an extensive array of benefits, including a UAE residence visa, third-party visa processing, comprehensive medical tests, an Emirates ID card, pre-approval for a business license, and access to a shared workstation.
The affordability of this package, coupled with its comprehensive offerings, positions Ras Al Khaimah as a unique destination for those seeking a secure and advantageous residency status.
One of the standout features of the permanent residency visa is its inclusivity, allowing visa holders to effortlessly sponsor their family members for relocation to the UAE. This family-centric approach aims to make the transition to life in the emirate seamless and enriching for individuals and their loved ones.
Transparent pricing
Unlike many residency programs, the AED16,500 company set-up package covers all associated fees, eliminating any hidden or additional costs. The transparency in pricing reflects Ras Al Khaimah’s commitment to providing a straightforward and accessible pathway to permanent residency, ensuring clarity for prospective applicants.
How to apply
Individuals eager to seize this unique opportunity can submit their applications directly through the RAKEZ website. The straightforward application process adds to the appeal of this initiative, making it easier for potential residents to navigate the pathway to obtaining permanent residency in the UAE.
While RAKEZ has outlined the cost and benefits of the permanent residency visa, the official announcement has left potential applicants in suspense regarding the duration of this opportunity. As aspirants prepare to embark on this transformative journey, many are keenly awaiting further details about the timeframe within which they can avail themselves of this unparalleled chance.
UAE’s ongoing commitment to diversity and prosperity
Ras Al Khaimah’s move to offer affordable permanent residency visas underscores the UAE’s commitment to fostering a diverse and inclusive environment.
As the emirate positions itself as a global magnet for talent and investment, the introduction of these visas marks a significant milestone in the region’s ongoing efforts to attract individuals and businesses looking to make the UAE their home.
