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Six-month visa for property owners *By * * * *Wam on Sunday, May 03, 2009 * Owners of properties in the UAE can enter the country and stay for up to six months as per an entry permit (a multi-visit entry visa), according to a new resolution issued by Lt-General Sheikh Saif bin Zayed Al Nahyan, Minister of Interior. The multi-entry permit can be renewed according to a set of specific requirements and conditions. An amendment to Article 33 of the executive regulations of the law for entry and residency of foreigners will read: "Owners of built-up properties can stay for six months from the date of entry into the country. On the expiry of this period, the owner pledges to depart for his homeland or any of the GCC countries. He will only be allowed to enter the country again after meeting the required conditions." Another article will be incorporated stipulating that the owner should submit a multi-trip entry visa application as per the following conditions. The property should be built-up and this case does not include owners of plots. The owner should obtain a title from the property registration authority in the emirate. The unit, be a house or an apartment, should be wholly-owned by the person concerned. The value of the unit should not be less than Dh1 million. The unit should be fit for accommodation for the family. The owner can include in the visa application his spouse and children and attach an insurance cover for all valid for the limit of their stay in the country. The owner should have a fixed income of not less than Dh10,000 or its equivalent in foreign currency whether inside or outside the country though the visa does not give the owner the right to work inside the country. In case these terms are not met, the permit shall be null and void. The resolution shall go into effect from the date of its issuance. --~--~---------~--~----~------------~-------~--~----~ Dubai Properties Google Group is managed by: Farzad Mohammad / Senior Investment Adviser, E-mail:moderator....@gmail.com You received this message because you are subscribed to the Google Groups "Dubai-properties" group. To post to this group, send email to Dubai-propertie@googlegroups.com To unsubscribe from this group, send email to dubai-propertie-unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/Dubai-propertie?hl=en -~----------~----~----~----~------~----~------~--~---
