UAE grants citizenship and passport to investors, professionals, special talents
Under the directive of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the Cabinet chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the amendments of the Executive Regulation of the Federal Law concerning Nationality and Passports.
The amendments will allow investors, professionals, special talents and their families to acquire the Emirati nationality and passport under certain conditions.
The step aims at appreciating the talents and competencies present in the UAE and attracting more bright minds to the Emirati community in a way that contributes to the development and prosperity of the country.
Categories that can qualify to acquire the Emirati nationality include: investors, doctors, specialists, inventors, scientists, talents, intellectuals, artists and their families (spouse and children), meanwhile the amendments allow retaining the current nationality.
Source: UAE’s governmental portal
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“Some Chinese investors buy property in large quantities, while others prefer to invest in luxury branded residences. Naturally, this drives demand and growth in the market. Property types vary, but up-and-coming areas like Dubai Creek are seeing a lot of interest from Chinese investors,” he said.
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