RAK mulls long-term visas idea
by This email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 15 July 2008(Getty Images)
Ras Al Khaimah is considering granting long term residence visas to property buyers that will exceed the current three-year permits.
The move is aimed at boosting foreign investment in the UAE sheikhdom’s emerging real estate industry, UAE daily Gulf News said.
And it could provide an advantage over other emirates for some foreign buyers looking to invest in the country, the newspaper said, citing Dr Khater Massaad, CEO of the Ras Al Khaimah Investment Authority.
advertisement
READERS' COMMENTS
Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST TRAVEL & HOSPITALITY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST TRAVEL & HOSPITALITY
LATEST MIDDLE EAST BUSINESS NEWS
- Politics & Economics: European bank shares plunge on Dubai debt concerns
- Politics & Economics: Moody's cuts Dubai GRI ratings amid debt delay
- Politics & Economics: Job losses seen slowing in UAE - StanChart
- Transportation: Abu Dhabi transport chiefs give Eid gift to motorists
- Banking & Finance: Cost of insuring Dubai's debt rises further




