Photo for illustrative purposes only. ARCHIVE

The validity of free zone visas issued in the UAE has been lowered from three to two years. The development has been validated by typing center representatives and business setup consultants. The new validity period went into effect in October this year — when the recent UAE visa reforms were rolled out. Clients were notified of the change via circulars supplied by free zone authorities. "Visas that have already been issued will remain valid for three years. All new ones will have a two-year validity," a business consultant said. The new rule applies to visas that are currently being processed. "Even if you have recently applied for a new visa and reached the final stage of the e-sticker processing, and the EID (Emirates ID) application has been approved for three years – the visa will be processed and is applicable for two years only," a freezone authority said in a mail sent to clients. According to authorities, the visa fee for the "third year" has already been refunded to business partners. The UAE has around 40 diverse free zones that allow expatriates and international investors to take full ownership of businesses. These zones, governed by a unique set of rules and regulations, provide residents with greater flexibility and reduced rates, making them extremely popular. BKM/ Expat Media
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