Consulates across the UAE are expecting a surge in amnesty applications as the deadline for the reprieve draws closer, it has been revealed.
Diplomatic staff said many of those working in the country without valid visas were anxious to maximise their earnings before returning home.
The result has seen many residents continuing to wait until the last minute before coming forward for assistance under the programme.
But on Thursday officials warned individuals not to leave it too late before applying, and risk falling foul of the scheme altogether.
“The feedback that I keep getting from community members is that there are more people who have yet to come in,” said Mr Vipul, Indian consul general in Dubai.
“We’re expecting a surge of people in October because most workers don’t want to lose out on the dirhams they can earn in two months.”
The UAE's much-publicised amnesty offers anyone who has overstayed their work or residency visa the opportunity to either legalise their status in the country or return home.
Since the start of the three-month programme in August, thousands of people have attended specially set up immigration centres to apply for the scheme.
By requesting an exit visa, individuals are able to return to their home countries without paying any fines for overstaying illegally.
Some nations including India and the Philippines have also offered to pay the air fares of those wishing to leave.
“I want to be legal, I want to work hard,” said Swaminath, 38, a construction worker who has not returned home to see his family in India for two years.
He revealed how he sends Dh500-600 back to his family each month to help pay for his three children’s school fees in Uttar Pradesh, a northern Indian state.
Swaminath said his employer had failed to renew his work visa last year and he had since been working part-time to keep the money coming in.
He added many of his male contemporaries were in a similar position, working all-hours to pay off loans at home or to assist with medical treatment for loved-ones.
“I will try to get a good employer to hire me and work hard for another year before I go home,” he said. “I’ve a lot of responsibilities so I need to work for my family.”
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Read more on the visa amnesty:
Editorial: Seize this opportunity to sort your visa issues
'Final chance' for UAE's illegal residents as amnesty approaches
Widows and divorcees tell of legal limbo strain as UAE's new mercy visas unveiled
Special report: Unwed expat mothers in legal limbo hope new visa laws will help them
Leaving the UAE: everything you need to know before you go
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This week, consulate officials have begun warning potential applicants wanting to reapply for a valid visa that they should do so by mid-September.
Those requiring replacements for lost passports also need to act fast, they said, as issuing new documents took time.
According to official figures, some 950 Indians, 400 Filipinos and 314 Sri Lankans were given exit visas during the first month of the amnesty.
More recent statistics for the entire UAE have yet to be released, but thousands of people are expected to take advantage of the scheme before it ends on October 31.
Currently, around 150 Indians approach their consulate in Dubai every day to enquire abut the programme. In total, more than 30,000 citizens have sought assistance since August.
Chathura Weerasekera, a spokesman for the Sri Lankan consulate said those wanting to apply for new visas had to do so by September 15 if they wished to remain in the country.
“We have given out this information on our websites and our officials make it clear to those coming in,” he said.
“People who try later than this will not be able to rectify their status and stay in the country. They will have no option but to leave.
“We expect the numbers of people coming in will go up next month before the deadline ends.
“Some people will wait until the very end. It’s because they want to keep earning money before they go.”
Under the rules of the amnesty, those wanting to return home do not require their passport if it has been lost.
Instead they are given an exit permit for a fee of Dh220, which must be used within 10 days of issue.
Speaking outside the Indian consulate, Dhara Murali said he had lived in the UAE for three years, one of which was without a valid visa.
The construction worker said he left his first job because the wages proved too low, but that he had since been able to send Dh800 a month home to allow his sons to continue their college studies.
“I came here so that I could pay the college fees for my sons,” he said. “I left my first job because I did not earn enough money to send home.
“But I know some good people who will employ me now so I’m hoping my luck will change.”
How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
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Bharat
Director: Ali Abbas Zafar
Starring: Salman Khan, Katrina Kaif, Sunil Grover
Rating: 2.5 out of 5 stars
MATCH INFO
Norwich City 1 (Cantwell 75') Manchester United 2 (Aghalo 51' 118') After extra time.
Man of the match Harry Maguire (Manchester United)
RESULTS
Dubai Kahayla Classic – Group 1 (PA) $750,000 (Dirt) 2,000m
Winner: Deryan, Ioritz Mendizabal (jockey), Didier Guillemin (trainer).
Godolphin Mile – Group 2 (TB) $750,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar
Dubai Gold Cup – Group 2 (TB) $750,000 (Turf) 3,200m
Winner: Subjectivist, Joe Fanning, Mark Johnston
Al Quoz Sprint – Group 1 (TB) $1million (T) 1,200m
Winner: Extravagant Kid, Ryan Moore, Brendan Walsh
UAE Derby – Group 2 (TB) $750,000 (D) 1,900m
Winner: Rebel’s Romance, William Buick, Charlie Appleby
Dubai Golden Shaheen – Group 1 (TB) $1.5million (D) 1,200m
Winner: Zenden, Antonio Fresu, Carlos David
Dubai Turf – Group 1 (TB) $4million (T) 1,800m
Winner: Lord North, Frankie Dettori, John Gosden
Dubai Sheema Classic – Group 1 (TB) $5million (T) 2,410m
Winner: Mishriff, John Egan, John Gosden
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
THE%C2%A0SPECS
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Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Asia Cup Qualifier
Venue: Kuala Lumpur
Result: Winners play at Asia Cup in Dubai and Abu Dhabi in September
Fixtures:
Wed Aug 29: Malaysia v Hong Kong, Nepal v Oman, UAE v Singapore
Thu Aug 30: UAE v Nepal, Hong Kong v Singapore, Malaysia v Oman
Sat Sep 1: UAE v Hong Kong, Oman v Singapore, Malaysia v Nepal
Sun Sep 2: Hong Kong v Oman, Malaysia v UAE, Nepal v Singapore
Tue Sep 4: Malaysia v Singapore, UAE v Oman, Nepal v Hong Kong
Thu Sep 6: Final
Asia Cup
Venue: Dubai and Abu Dhabi
Schedule: Sep 15-28
Teams: Afghanistan, Bangladesh, India, Pakistan, Sri Lanka, plus the winner of the Qualifier
Dunki
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Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
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21 Lessons for the 21st Century
Yuval Noah Harari, Jonathan Cape
Director: Shady Ali
Cast: Boumi Fouad , Mohamed Tharout and Hisham Ismael
Rating: 3/5
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
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UAE currency: the story behind the money in your pockets
Pakistan squad
Sarfraz (c), Zaman, Imam, Masood, Azam, Malik, Asif, Sohail, Shadab, Nawaz, Ashraf, Hasan, Amir, Junaid, Shinwari and Afridi
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