The emirate of Ras Al Khaimah in the United Arab Emirates (UAE) has unveiled the Visa For Life program, offering an annual subscription at AED 16,500, as revealed by the emirate’s free-zone authority, RAKEZ.
For the AED 16,500 annual fee, the Visa For Life provides a range of benefits, including a UAE residence visa, third-party visa processing, medical tests, an Emirates ID card, pre-approval for a business license, and access to a shared workstation.
This permanent residency visa presents an attractive opportunity for individuals planning to relocate with their families, enabling visa holders to easily sponsor their loved ones for a move to the UAE. This move is part of Ras Al Khaimah’s broader strategy to attract global talent, entrepreneurs, and investors to the region. The Visa For Life program is designed to appeal not only to those looking to start businesses in the UAE but also to professionals seeking a stable living environment with family-friendly features.
The initiative aligns with the UAE’s ongoing efforts to diversify its economy and reduce dependency on oil by attracting more international businesses and skilled workers. With a strong emphasis on innovation and entrepreneurship, Ras Al Khaimah is becoming an increasingly popular choice for global investors looking for cost-effective business opportunities.
It’s essential to highlight that the AED 16,500 company set-up package encompasses all associated fees, eliminating any additional costs. Interested individuals can directly submit their requests through the RAKEZ website. The Visa For Life also provides an efficient way for entrepreneurs to establish a presence in one of the most competitive business environments in the world. Moreover, the program offers flexibility, allowing visa holders to enjoy the full benefits of living, working, and starting a business in Ras Al Khaimah.
While RAKEZ has disclosed the cost and advantages of the visa, the duration of this opportunity has not been specified. However, the Visa For Life initiative is seen as part of a growing trend in the UAE, where residency options are becoming more attractive to foreign nationals looking for a more permanent base of operations. This program is likely to expand in the future as the UAE continues to enhance its global connectivity.
