Dubai has launched a new residency program which will allow overseas remote working professionals to relocate and live in the emirate, along with their families, while continuing to work remotely for their overseas employer.
The relocation program will be valid for one year, after which it can be renewed successively for a similar duration each time.
The program costs USD 287, in addition to medical insurance with valid UAE coverage and processing fee per person.
Once in Dubai, they will be able to enjoy benefits similar to that of other residents, including access to local telecoms and utilities services, as well as, schooling options for children.
Applicants also stand to benefit from the UAE’s zero income tax policy.
To be eligible for the program, individuals must fulfill the following conditions:
– Possess a passport with a minimum validity of six months
– Have health insurance with UAE coverage validity
– Show proof of employment from their current employer with a one-year contract validity, a minimum of $5,000 monthly salary. They must present the previous months’ payslips, as well as, three months of bank statements.
– If the applicant is a company owner, then they must show proof of ownership of the company for at least one year, along with an average monthly income of $5,000 – supported by three months of bank statements.
To apply for the annual program, applicants can apply directly online via www.visitdubai.com/en/sc7/travel-planning/travel-tools/work-remotely-in-dubai.
Helal Saeed Almarri, director general of Dubai’s Department of Tourism and Commerce Marketing, said “The global pandemic has changed how we live and work. As multinationals and leading start-ups across the world accelerate their rates of digital adoption, the need to be physically present to fulfil professional responsibilities has been redefined”.
“Dubai is uniquely positioned to offer a safe, dynamic lifestyle opportunity to these digitally savvy workers and their families while they continue to work remotely, whether it is for a couple of months or an entire year.”
Source: Gulf Business