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Tue 29 Jan 2019 10:42 AM

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Video: All you need to know about UAE's new 10 year visa law

The UAE cabinet has begun the implementation of 100% foreign ownership and 10-year residency visas for expats, investors and businesspeople.

Outstanding students will also be eligible for a long-term visa as part of the changes, in order to encourage them to settle in the UAE following the completion of their education.

Investors will be eligible for a five or 10-year residency visa depending on the size of their investment in the UAE. The investor’s spouse, children, one executive director and one adviser will also be able to obtain long-term visas.

Arabian Business' Shruthi Nair breaks down the new 10 year residency visa rule in this visual explainer.

(Source: Arabianbusiness.com YouTube channel)