The UAE Golden Residency, a ten-year residency visa, will be granted to residents with PhD degree, in addition to doctors and engineers in the fields of computer engineering, electronics, programming, electrical engineering and biotechnology, as well as graduates from UAE accredited universities who scored Grade Point Average, GPA, of 3.8 and above… reports Asian Lite News
The UAE Cabinet has announced major changes in the Golden Residency programme aimed at attracting and retaining experts and talented professionals from various fields and scientific disciplines. The changes will take place starting from 1st December, 2020.
The UAE Golden Residency, a ten-year residency visa, will be granted to residents with PhD degree, in addition to doctors and engineers in the fields of computer engineering, electronics, programming, electrical engineering and biotechnology, as well as graduates from UAE accredited universities who scored Grade Point Average, GPA, of 3.8 and above.
The Golden Residency will also be offered to specialists in artificial intelligence, AI, big data, virology, epidemiology and UAE high school top graduates and their families.
In addition to the dynamic lifestyle and safety that are considered main characteristics of life in the UAE, Golden Residency holders and their families will be offered 10-year residency visa. The new Golden Residency categories expand the programme to further encourage innovation, creativity and applied research, adding to the appeal of a career in the Emirates for the world’s brightest minds.
DMCC’s Business Hub
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced it rolled out a company setup offer for businesses worldwide.
According to DMCC, the offer provides international companies the opportunity to set up a representative office in one of the world’s leading business hubs in as little as 5 working days with a free 6-month trial period.
With no upfront fees, businesses can explore the Dubai market ecosystem without making any initial investments. Companies will immediately benefit from the emirate’s strategic geographic location at the crossroads of the world and an extensive logistics network that provides a gateway to access the region and beyond.
The setup process is fully digital, providing smart solutions that allow companies to access DMCC’s wide range of business services from any device, anytime and anywhere.
Businesses will also benefit from a simplified setup requirements (such as no requirement for opening a bank account), an option to apply for a residence visa along with family members, access to DMCC business centre facilities, and the opportunity to connect with DMCC member companies through digital networking platforms. The offer is valid until 31st December 2020.
Ahmad Hamza, Executive Director – Free Zone, DMCC, commented, “DMCC has successfully established a dynamic and thriving business district that has redefined the ease of doing business. That is why 18,000 companies have chosen to set up in our Free Zone. With this new offer, we are once again making it easier and faster to set up a presence in Dubai and enabling access to some of the fastest growing markets. In turn, we are boosting the Emirate’s economic resilience to ensure it always remains the chosen place for doing business.”
Since its establishment in 2002, DMCC has attracted over 18,000 local and global businesses of all sizes, from start-ups and SMEs to Fortune 500 companies. On average, 7 new businesses join the award-winning business district every day.
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