Memo on residence permit UAE (Emirates ID)

In the UAE there is no concept of "residence permit", here - a resident visa.

It looks like a plastic card and is called Emirates ID, which is an alternative to a passport.

Here are the opportunities that the resident visa of the Emirates provides:

Live, study and work in the UAE without the need for an Emirati sponsor
Open an account both in a local bank and in Western banks or on crypto exchanges

Get a mortgage from a local bank
Apply for Schengen, US, UK and other visas in Dubai
Get local health insurance and get treated here
Pay 0% income tax

The validity period of an investor visa for the purchase of real estate depends on the amount of invested funds:

• Emirates ID for 2 years is issued upon deposit of $205,000 or more

• Emirates ID for 10 years is issued with an investment of $545,000 or more

The investor can extend the visa an unlimited number of times if the property remains in the property. Instead of the main applicant, family members will be able to obtain a visa for a proportionate period.

Mercury Group Ltd specialists:

select apartments that suit your criteria,
help you choose and arrange a convenient payment schedule with interest-free installments (10% down payment),

provide after-sales service for the apartments (in case of their subsequent rental),
will accompany on a turnkey basis the purchase and sale transaction and the receipt of the Emirates ID