UAE Golden Visa:
Eligibility criteria and benefits
In addition to securing their stay in the UAE for a period of 10 years, the new rules will allow the Golden Visa holder to sponsor his/ her family members, including spouse and children regardless of their age, and to sponsor support services (domestic) labourers without limiting their number.
Furthermore, the
restriction related to the maximum duration of stay outside the UAE in order to
keep the Golden Residence valid has been removed.
There are other
benefits for family members that allow them to stay in the UAE in the event of
the death of the original holder of the Golden Residence until the end of their
permit duration.
UAE Golden Visa eligibility criteria:
Eligibility
criteria for the UAE Golden Residence Scheme has
been simplified and the categories of people eligible to apply for the
long-term 10-year visa have been expanded under a new set of executive regulations.
Under the new
executive regulations, the UAE Golden Visa will grant 10-year residence to
investors, entrepreneurs, exceptional talents, scientists and professionals,
outstanding students and graduates, humanitarian pioneers, and frontline
heroes, who meet certain eligibility parameters.
- Golden
Visa for scientists:
The UAE Golden Visa will be granted to scientists and researchers with high achievements and influence in their field based on the recommendation from the Emirates Scientists Council.
The candidate must have a PhD or a Master’s degree in the disciplines of engineering, technology, life sciences, or natural sciences from the best universities in the world, as well as substantial research achievements.
- Golden
Visa for professionals:
The UAE Cabinet has revealed a major expansion in this category to attract highly skilled workers with educational qualifications and professional experience in all disciplines, including medicine, sciences and engineering, information technology, business and administration, education, law, culture, and social sciences.
- Golden
Visa for exceptional talents:
The UAE Golden Residence visa will be granted to top talents in vital fields.
It will be awarded based on talent only regardless of the educational qualification, employment status, monthly salary, or professional level.
It requires the recommendation or approval of a federal or local government entity, and includes talented individuals in culture, art, sports, digital technology, inventors, and innovators in other vital fields.
- Golden
Visa for real estate investors:
Real estate investors can obtain Golden Residence when purchasing a property worth no less than $544,500 (AED 2 million).
As per the new amendments, investors are also entitled to obtain the Golden Residence when purchasing a property with a loan from specific local banks.
Investors can also obtain Golden Residence when buying one or more off-plan properties of no less than $544,500 (AED 2 million) from approved local real estate companies.
- Golden
Visa for outstanding students and graduates:
This long-term, 10-year visa will also target high-performing students in UAE secondary schools, and outstanding graduates from UAE universities, as well as from the best 100 universities worldwide, according to specific criteria that includes their academic performance (cumulative average), the year of graduation, and the university classification.
- Humanitarian
pioneers:
As per the UAE government, humanitarian pioneers are also eligible under the new Golden Visa rules. Such as distinguished members of international and regional organisations, outstanding members of associations of public benefit, recipients of recognition awards in humanitarian fields and distinguished volunteers and sponsors of humanitarian efforts.
- Frontline
heroes:
Frontline workers with extraordinary efforts in crises, such as the COVID-19 pandemic can also get the Golden visa under the new rules issued by the UAE government.
- Golden
Visa for entrepreneurs and startup owners:
The new executive regulations have also set flexible requirements for entrepreneurs eligible to obtain the Golden Residence.
Additional Golden Visa eligibility criteria for entrepreneurs and
startups owners includes:
- Entrepreneurs
should own or be a partner in a startup registered in the UAE under the
small and medium enterprises (SMEs) category, and the registered startup
must generate annual revenues of not less than $272,250 (AED 1 million).
- Entrepreneurs
or startup owners who obtain approval for a startup idea from an official
business incubator, from the Ministry of Economy, or from a competent
local authority will be deemed eligible to obtain the Golden Residence in
this category.
- Entrepreneurs
who are founders – or one of the founders – of a previous entrepreneurial
project(s) that was sold for a total of not less than $1.9 million (AED 7
million) will be entitled to the UAE Golden visa. For this category, the
approval of the Ministry of Economy or competent local authorities will be
required for projects or ideas.
Additional Golden Visa eligibility criteria for professionals includes:
- Applicants
should have a valid employment contract in the UAE.
- Applicants
should be classified in the first or second occupational level as per the
Ministry of Human Resources and Emiratization classification, which is
aligned with the International Standard of Classification of Occupations
ISCO by the International Labour Organization.
- Applicants
must have a minimum educational level and must have a bachelor’s degree or
equivalent.
- Applicants
should have a monthly salary of not be less than $8,167 (AED 30,000).
UAE Green Residence
visa: Benefits and eligibility criteria
As part of a slew
of new rules aimed at attracting and retaining talent and skilled workers from
all over the world, the UAE Cabinet has also revealed a new 5-year Green Residence visa,
which will boost flexibility of the job market and will foster a high sense of
stability among UAE residents and families.
The new 5-year
Green Residence visa will be aimed at exceptional talents, skilled
professionals, freelancers, investors, and entrepreneurs.
Under the Green
Residence visa, more benefits will be offered to facilitate the residence of
family members residence.
In addition, longer
flexible grace periods will extend up to 6 months to stay in the country after
the residence permit is cancelled or expired.
UAE Green Residence Visa eligibility criteria:
- Green
Residence Visa for skilled employees:
The new track provides a 5-year residency for skilled employees, without a sponsor or employer.
The applicants should have a valid employment contract, and should be classified in the first, second, or third occupational level as per the Ministry of Human Resources and Emiratisation.
The minimum educational level must be a bachelor’s degree or equivalent, and the salary should not be less than $4,083 (AED 15,000). - Green
Residence Visa for freelancing and self-employment:
In line with the growing importance of flexible work models, this track provides a 5-year residency for freelancers and self-employed individuals without requiring a sponsor or employer in the UAE.
It requires applicants to obtain a freelance/self-employment permit from the Ministry of Human Resources and Emiratisation.
The minimum educational level should be bachelor’s degree or specialised diploma, and the annual income from self-employment for the previous two years should not be less than $98,000 (AED 360,000), or that the applicant proves financial solvency throughout his / her stay in the country.
- Green
Residence Visa for investors or partners:
This residence permit is introduced to encourage investment, providing 5-year residency for investors establishing or participating in commercial activities.
It replaces the previous residence that was valid for 2 years only.
Requirements include approval of the investment and proof of investment.
If the investor or partner has more than one licence, the total invested capital will be calculated. Approval of the competent local authorities is mandatory.
·
The new system provides more benefits
to family members, allowing residents to easily issue residence permits for
their family members, including spouse and children.
·
The age of children who may be
sponsored has been raised to 25 years (previously 18 years), with no age limit
for unmarried daughters.
·
Children of determination are granted
a residence permit, regardless of their age.
·
Green Residences holders are allowed
to issue residence permits for their first-degree relatives, and in all cases
the residency of family members shall be the validity duration as the original
residence holder.
UAE job exploration visa, five-year tourist visa, and non-sponsor business permits: All you need to know
People from around the world who are planning to visit the UAE
visitors – either for business, jobs, or pleasure – can now avail of a variety
of visa options.
The UAE Cabinet has approved a number of new types of entry
permits and visas without requiring a host or sponsor for the first time.
In addition, all entry visas are available for single or
multiple-entry can be renewed for similar period(s) and are valid for 60 days
from their issuance date.
UAE’s new job exploration visa:
The job exploration visa has been introduced with the aim of
attracting young talents and skilled professionals to explore job opportunities
available in the country and does not require a sponsor or a host.
It is granted to those classified in the first or second or
third skill level as per the Ministry of Human Resources and Emiratisation.
Fresh graduates applying for this visa must be from one of the
best 500 universities in the world, with minimum educational levels of a
Bachelor’s degree or its equivalent.
UAE’s new business entry visa:
The business entry permits enable easy entry without requiring a
sponsor or a host.
It aims to encourage investors and enterpreneurs to
explore business and investment opportunities in the UAE.
UAE’s new five-year multiple-entry tourist
visa:
In addition to the regular tourist visa that is sponsored by the
UAE’s tourism establishment, a five year multiple entry tourist visa has been introduced.
This visa does not require a sponsor and it allows the person to
stay in the country up to 90 continuous days.
The visa may be extended for a similar period, provided that the
entire period of stay does not exceed 180 days in one year.
This visa requires proof of having a bank balance of $4,000 or
its equivalent in foreign currencies during the last six months prior to
submitting the application.
UAE’s new entry permit to visit relatives or
friends:
As per the current amendment, a visitor can apply for this entry
permit if he/she is a relative or friend of a UAE citizen or resident. It does
not require a sponsor or a host.
UAE’s new entry permit for a
temporary work mission:
This type of entry permit will be offered to those who have a
temporary work assignment such as a project-based mission or probation testing,
and will be sponsored by the employer.
It requires a temporary work contract or a letter from the
employer clarifying the visit purpose and proof of health fitness to work.
UAE’s new entry permit for study and
training:
This entry permit is intended for those attending training and
academic courses and/or participating in internship programmes.
The sponsor can be universities or educational or research
institutions licensed in the country or government or private entities.
The entry permit requires a letter from the entity, clarifying
the details of the study or training or internship programme and its duration.
The executive regulations of the Federal Decree-Law on Entry and Residence of Foreigners shall come into force after ninety days from the date of its publication in the official gazette.
