26.2 C
Kuwait City
May 25, 2019
Gulflance
Home » 6,000 investors apply for UAE’s five-year visa
Khaleejtimes Business International

6,000 investors apply for UAE’s five-year visa

Earlier this month, the ICA announced the implementation of five-year visas for entrepreneurs to enhance the ease of doing business.

The Federal Authority for Identity and Citizenship (ICA) revealed that it received about 6,000 applications from investors and entrepreneurs during the first week of its announcement to start receiving long-term residency applications.

Earlier this month, the ICA announced the implementation of the Cabinet’s decision to issue five-year residency visas for entrepreneurs as part of its aim of enhancing the ease of doing business in the country.


The ICA, the Business Incubator HUB71 in Abu Dhabi, and the Dubai Future Foundation will work together to promote opportunities to attract entrepreneurs and creative professionals. The three entities will collaborate in the areas of training, sharing knowledge, enhancing ease of doing business and creating a conducive environment for investment and business.

The Federal Authority for Identity and Citizenship will be in charge of issuing the residency visas while HUB71 in Abu Dhabi and Dubai Future Foundation’s Area2071 in Dubai will nominate entrepreneurs for receiving the benefits of the initiative.

MORE FROM Khaleej Times

  • Abu Dhabi


    Ramadan is expected to be 30 days in most countries. READ MORE

  • Dubai


    Earlier this month, the ICA announced the implementation of five-year … READ MORE

  • Americas


    Washington has accused Iran of planning “imminent” attacks in the… READ MORE

  • Pakistan


    He was arrested for hate speech and criticising the Pakistan… READ MORE


Source link
Click here to read more news from @khaleejtimes

Related posts

UAE’s Indian family thanks NRI businessman for repaying hefty loan

KT Mobile

Drunk Dubai guards sexually harass woman, assault cops

KT Mobile

Video: Ship traffic normal at UAE’s Fujairah port

KT Mobile

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Please spend a minute

Gulflance Poll

Which is worst social media?
Vote Now
close-link
Sign-up for exclusive content. Be up to date with Gulflance
Subscribe
Subscribe
close-image
Continue in browser
Gulflance
To install tap
and choose
Add to Home Screen
Continue in browser
Gulflance
To install tap Add to Home Screen
Add to Home Screen
Gulflance
To install tap
and choose
Add to Home Screen
Continue in browser

You're currently offline