Foreign nationals seeking to obtain or renew a Temporary Residence or Investor’s Residence permit can now provide proof of repatriation insurance instead of a series of documents required for each process.
Previously, for initial applications, applicants had to provide a guarantee letter, an employment letter and other corporate documents. Renewal applicants had to provide a guarantee letter, sworn declaration and Commercial Registration.
Insurance Policy Details
Key details on the new insurance policy document are:
• Applicants can purchase an insurance policy for USD 100 per applicant.
• The document is valid for one year.
• Repatriation coverage level depends on the applicant’s nationality, but generally provides coverage up to USD 3,500.
• Covered expenses include legal deportation, airline ticket costs for the applicant and any dependents and lodging expenses during the deportation period.