Prominent African investors to receive UAE Golden Visas

WAM

Dubai is making it easier for investors from Africa to obtain long-term UAE residency visas.

A new initiative called ‘Be Part of Dubai’ has been launched to attract and retain high-net-worth businessmen from the continent.

It will help them get familiar with the economic opportunities in the emirate as well as the incentives offered by the government.

The plan is being implemented by the Dubai Chamber of Commerce and Industry in collaboration with the General Directorate of Residency and Foreigners Affairs (GDRFA) and Dubai Free Zone Council.

As part of the agreement, the three entities will work together to identify priority sectors for attracting investments. 

Officials say the initiative will provide more certainty and flexibility for African investors and their families who plan to live or travel to Dubai.

The UAE launched its permanent residency scheme for foreigners in May.

More from Business

Coming Up on Dubai Eye

  • The Best of Dubai Eye 103.8

    6:00pm - 11:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

  • Nights on Dubai Eye 103.8

    11:00pm - 7:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

On Dubai Eye

Business Breakfast