Struck by inflation soon after the Global Pandemic, ‘COVID-19’, thinking about future financial prospects is inevitable. And truth be told, nothing is wrong in considering multiple options. Being on the same page, we have brought to you detailed information on investment opportunities in UAE that may fall within your budget.
“Visa for Life” – A Move to Better Future
The United Arab Emirates’ Emirate of Ras Al Khaimah has recently launched an inventive initiative called “Visa for Life”, facilitated by the free-zone authority, RAKEZ. What adds significance to this endeavour and makes it noteworthy investment opportunity is its cost-effectiveness, with the service being accessible at an annual fee of AED 16,500 (roughly PKR 1.25 million).
Value Proposition through Maximizing Advantages
At the annual cost of AED 16,500, the Visa for Life provides a range of advantages, including:
- A residential visa pan-UAE
- Ensured processing of third-party visa
- E-channel/Immigration file
- Medical services (tests)
- An Emirates-based ID-card
- Business license pre-approvals
- Share workstations access
Understanding the Importance of a UAE Residence Visa
Following pointers will be suffice enough to make you understand how exactly “Visa for Life” marks a significant impact:
- Sponsor Family Members
- Sponsor family for residency, work, and study.
- Afford family members the privilege to live, work, and study in the country.
- Explore Business Opportunities
- Tap into dynamic market opportunities.
- Explore entrepreneurial potentials with nominal investment.
- Establish UAE Bank Account and Avail Personal Loan
- Open a UAE bank account for financial transactions.
- Avail personal loans for property or education, ensuring financial flexibility.
- Attain Health Insurance Coverage
- Secure health insurance coverage for comprehensive healthcare.
- Ensure access to quality medical services.
- Enrol Children in Educational Institutions
- Enrol children in world-class educational institutions.
- Provide access to quality education for your children.
- Enjoy Visa-on-Arrival Privileges
- Benefit from visa-on-arrival privileges at vacation destinations.
- Convenient and accessible travel to places like Armenia, Georgia, Maldives, Seychelles, and more.
- Apply for a Driving License
- Streamline travel across Emirates with a valid driving license.
- Enhance job prospects requiring a driving credential.
Transparency: Ensuring Trust and Quality
AED 16,500 inclusively encompasses all related fees, removing the need for any extra costs. This transparent fee structure streamlines the process for individuals interested in securing the “Visa for Life”.
Direct Application for “Visa for Life” Initiative
Those enthusiastic about seizing this transformative opportunity can directly submit their requests via the RAKEZ website. It is important to note, however, that the announcement does not explicitly specify the duration for which this opportunity will be available, emphasising the need for potential applicants to act promptly. Do not miss the chance to embark on a transformative journey towards business success in the UAE with the “Visa for Life” initiative.
Closing Remark: A Recap
In conclusion, the “Visa for Life” initiative in the UAE, offered by Ras Al Khaimah through RAKEZ, provides an attractive opportunity for establishing a business post-pandemic. Priced competitively at AED 16,500 annually, this investment chance includes benefits like third-party visa processing, medical services, business license pre-approvals, and more. This initiative creates a favourable environment for entrepreneurs with minimal investment, offering not just a residential visa but also opportunities for family sponsorship, access to financial services, educational benefits, and visa-on-arrival privileges for travel.
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