What Is The Business Opportunity Visa That UAE Has Launched For Entrepreneurs, Businessmen & More?

The UAE has released a new visa for business owners, entrepreneurs, business financiers, and skilled professionals from across the world. Yes, they can now visit the UAE on a specialised visa, which is called Business Opportunities Visa. Here’s all you need to know about this 180-day visa.

Business Opportunities Visa Introduced In The UAE

Business Opportunities Visa was recently launched by the UAE, which grants holders permission to travel to the country. They can do so on a single visit or multiple visits, which is based on the approved requirements and the eligibility of the professions. As mentioned in a report by Khaleej Times, their total stay must not exceed and this was revealed by the Federal Authority for Identity, Citizenship, Customs, and Port Security. The authority has also emphasised that four important conditions must be met for the people who are applying for this visa service.

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Conditions For The Applicant

These four conditions are as follows:

• The applicant should be a qualified professional in the field that they wish to explore in the UAE.
• They must hold a valid passport for more than six months.
• The applicant must have health insurance coverage within the UAE.
• The applicant must possess a confirmed ticket for onward travel or departure from the country.

It’s worth mentioning the UAE has established a comprehensive service ecosystem. This is to attract entrepreneurs, investors, and capital owners. It is especially for people who are looking to build their future and launch innovative strategic projects. So for this purpose, they aim to draw attention that the UAE offers world-class infrastructure, competitive logistical services, and legal frameworks. In fact, visas are important for attracting investors as they’re an important incentive.

As they provide flexibility for single or multiple entries, these offer validity options of 60, 90, or even 120 days. However, the total stay should not exceed 180 days.

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