BR100 Decreased By (-0.31%)
BR30 Decreased By (-0.32%)
KSE100 Decreased By (-0.05%)
KSE30 Decreased By (-0.19%)
BECO 5.39 Decreased By ▼ -0.04 (-0.74%)
BML 55.97 Increased By ▲ 0.28 (0.5%)
BOP 35.20 Decreased By ▼ -0.18 (-0.51%)
CNERGY 8.14 Decreased By ▼ -0.06 (-0.73%)
DCL 11.35 Decreased By ▼ -0.20 (-1.73%)
FCCL 58.68 Increased By ▲ 0.32 (0.55%)
FCSC 5.09 Decreased By ▼ -0.03 (-0.59%)
FFL 17.65 Decreased By ▼ -0.19 (-1.07%)
FNEL 1.25 No Change ▼ 0.00 (0%)
HUMNL 11.06 Decreased By ▼ -0.01 (-0.09%)
KEL 8.62 Decreased By ▼ -0.13 (-1.49%)
KOSM 6.61 Decreased By ▼ -0.08 (-1.2%)
MLCF 107.00 Decreased By ▼ -0.15 (-0.14%)
NBP 202.52 Increased By ▲ 0.79 (0.39%)
PACE 11.15 Decreased By ▼ -0.15 (-1.33%)
PAEL 45.29 Increased By ▲ 0.80 (1.8%)
PIAHCLA 29.34 Decreased By ▼ -0.07 (-0.24%)
PIBTL 18.55 Decreased By ▼ -0.09 (-0.48%)
PPL 245.05 Decreased By ▼ -2.93 (-1.18%)
PRL 35.25 Decreased By ▼ -0.04 (-0.11%)
PTC 65.99 Decreased By ▼ -0.15 (-0.23%)
SEARL 94.90 Decreased By ▼ -0.59 (-0.62%)
SSGC 31.00 Decreased By ▼ -1.04 (-3.25%)
TELE 8.80 Decreased By ▼ -0.07 (-0.79%)
THCCL 66.35 Decreased By ▼ -0.26 (-0.39%)
TPLP 10.48 Decreased By ▼ -0.09 (-0.85%)
TREET 25.05 Decreased By ▼ -0.25 (-0.99%)
TRG 63.98 Decreased By ▼ -0.42 (-0.65%)
WAVES 10.82 Decreased By ▼ -0.08 (-0.73%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
By

DUBAI: The United Arab Emirates will extend its "golden" visa system - which grants 10-year residency in the Gulf state - to certain professionals, specialised degree-holders and others, the UAE's vice president said on Sunday.

Foreigners in the UAE usually have renewable visas valid for only a few years tied to employment. The government in the past couple of years has made its visa policy more flexible, offering longer residencies for certain types of investors, students and professionals.

All holders of doctorate degrees, medical doctors and also computer, electronics, programming, electrical and biotechnology engineers are eligible, UAE Vice President and the ruler of Dubai Sheikh Mohammed bin Rashid al-Maktoum said in a statement.

Also eligible are those with specialised degrees in artificial intelligence, big data and epidemiology, as well as high school students living in the UAE who rank top in the country and students from certain universities with a GPA of 3.8 or higher.

After first announcing a long-term visa plan in 2018, the UAE in 2019 started granting 5- and 10-year renewable visas to certain foreign investors, entrepreneurs, chief executives, scientists and outstanding students.

The emirate of Dubai, a Middle East trade and tourism hub, in September said it would grant visas renewable every five years to wealthy foreign retirees.

An oil and gas producer, the UAE's economy has been hit by the coronavirus pandemic and low oil prices, prompting many expatriates to leave.-Reuters

Comments

Comments are closed for this article.