Dubai Tourism announced the new visa in October, giving tourists the opportunity to live and work remotely in the emirate.
The new programme promises that visa holders will have access to all required services, including telecoms, utilities, and schooling options. The new initiative encourages applicants to bring their families to the UAE to spend 12 months.
The new visa costs US$287 (Dhs1,054) plus medical insurance with valid UAE coverage and processing fee per person. Applicants will only be approved if they earn a monthly salary of US$5,000 (Dhs18,365) per month, and can prove this with last month’s payslip and three months’ bank statements.
Investors and business owners are also encouraged to apply, with proof of ownership of company for one year or more, an average monthly income of US$5,000 per month and three preceding months’ bank statements.