The United Arab Emirates has a very straightforward and fluid residency by investment system. Foreigners, who wish to live and work in the UAE, can choose to establish a company for their business activities. The creation of a company grants the investor a three-year residency permit that can be renewed if all requirements are met. Alternatively, investors who make a real estate investment of at least AED 1,000,000 are eligible for a two-year renewable residency permit.