Yes, foreigners can obtain long-term residency or permanent settlement in the UAE by applying for programs such as the UAE Golden Visa and the Green Visa. These visa programs are ideal for entrepreneurs, investors, skilled professionals, and highly talented individuals, offering 5-10 years of residency with the option to renew your visa without requiring a sponsor. While obtaining permanent residency or settlement in the UAE is not straightforward, you can choose these long-term visa options to live, work, and own property in the country.