Category: News – Updates

UAE Partner and Investor visa banking requirements 2025 – viiCON Consulting

New Banking Requirements for UAE Partner & Investor Visas

Updated Banking Requirements for UAE Partner & Investor Visas If your UAE residence visa is tied to your role as a Partner or Investor, recent updates to the UAE Partner and Investor visa banking requirements are important to know. Various immigration offices (Amer, Happiness Centers etc.) across the UAE now increasingly request proof of banking activity – not just company documents – when processing both new visa applications and renewals. Note: These requirements reflect the latest practice observed across several free zones and immigration desks. While not yet consolidated in a single federal regulation, they are being applied 

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Best Dubai Free Zones Image

The Best Dubai Free Zones

Really good free zones combine quality services with rigorous cost efficiency. But only a few do meet both criteria. Many free zones are cost efficient, but only a very few of them provide really fast and agile services without being over-bureaucratic. Finding the right one for your purposes is not only a matter of the lowest setup costs. Industrial Free Zones Free zones differ in a number of ways. The question to be answered by the founder of a Dubai free zone company is, do I need industrial infrastructure, such as a warehouse, a building for packing or

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UAE 10 Year Golden Visa, Dubai

New UAE Golden Visa 2022

The UAE Golden Visa provides investors and exceptional benefits, including a 10-year renewable residency permit, self-sponsorship, and the flexibility to stay outside the UAE for extended periods. In April 2022, the UAE cabinet announced significant reforms to expand eligibility and pave the way for more people to obtain this coveted visa.The General Directorate of Residency and Foreigners Affairs (GDRFA) of Dubai has revealed that 151,600 Golden Visas were issued since 2019. What Is the UAE Golden Visa? This long-term residency visa allows investors, entrepreneurs, and talented individuals to live, work, study, and invest in the UAE without the

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UAE 5 Year Green Visa, Dubai

The New UAE Green Visa 2022

The New UAE Green Visa 2022 The new UAE Green Visa offers five years validity, unlimited renewals, and it does not require a sponsor. The government’s recent announcement of the “New Green Visa 2022,” effective since October 3, 2022, marks a significant step forward in providing a range of benefits for prospective investors, entrepreneurs, and foreign nationals relocating to the Emirates. With the UAE boasting an expatriate population of 8.92 million in 2022 Dubai stands as the premier destination in the region. Recent initiatives have only served to heighten its appeal to investors, entrepreneurs, and business owners. The

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UAE Register of Beneficial Owners

UAE Register of Beneficial Owners

UAE Companies Must File Register of Beneficial Owners The UAE Ministry of Economy published the Cabinet Resolution No. 58 of 2020 on the “Regulation of Procedures Related to Real Beneficiaries”, on 28th August 2020.  The Decision requires companies based in UAE mainland and free zones to maintain registers of their beneficial owners and shareholders and are required to file their registers with the relevant registrar and licensing authorities. The following details must be included and kept at companies’ offices: A register of beneficial owners – to include name, nationality, place of birth, residential address, travel ID card number

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Dubai Crypto Oasis Partnering with Swiss Crypto Valley Association

Dubai Crypto Oasis and Swiss Crypto Valley Association

Dubai And Switzerland to Connect Blockchain Communities Crypto Oasis in Dubai, has partnered with Crypto Valley Association, a Swiss association of blockchain corporates and crypto experts, aiming to connect the expanding blockchain communities in Switzerland and the Middle East The two organisations started collaborating to advance the development and adoption of blockchain technology, with many of their shared objectives for the establishment of a thriving global blockchain ecosystem. The founder of the Crypto Oasis, Ralf Glabischnig, is entirely focused on bridging the Crypto Valley and the Crypto Oasis. He aims to expand the larger Inacta Group through Venture Capital and

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UAE National Programme for Coders

UAE National Programme for Coders

UAE National Programme for Coders to Enhance Digital Economy On 10 July 2021, under the supervision of the UAE Artificial Intelligence Office, the UAE government has launched a new programme to develop talent, expertise and innovation in the field of coding in collaboration with top tech firms such as Google, Microsoft and Facebook, among others. IMAGE “The National Program for Coders in collaboration with Google, Microsoft, Amazon, Cisco, IBM, Hewlett Packard Enterprise (HPE), LinkedIn, Nvidia and Facebook, with the aim of training and attracting 100,000 coders, establishing 1,000 digital companies within five years and increasing investment in start-ups

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