The United Arab Emirates (UAE) is introducing a new visa residency system in September. The new system will apply to all nationalities, and there will be different categories of visas depending on your purpose of visit. Here are ten things you need to know about the new visa rules:
1) Additional Perks For Family Members
The revised program offers greater advantages for family members. A parent can now sponsor a male child until the age of 25, up from 18. An unmarried daughter may be sponsored indefinitely by her father. Regardless of their age, children with disabilities are granted permanent residency. The Green visa holder is permitted to bring any first-degree relative into the country and, in all circumstances, the residency of family members shall be for the same length as that of the original residence.
2) Entry Visa For Job Hunting
The purpose of this new visa residency system is to attract young individuals and skilled workers to look for employment in the UAE. It does not require the presence of a sponsor or a host. Those who fall within the first or second or third skill level, as determined by the Ministry of Human Resources and Emiratisation, receive the visa. A bachelor’s degree or its equivalent is the minimum educational requirement.
3) Tourist Visa For Multi-Entry
A five-year, multi-entry tourist visa was made available in addition to the usual tourist visa. It is possible for a person to obtain this visa for up to 90 days in a row, as long as he or she does not have a sponsor. It is possible to extend your stay for a similar length of time, as long as you do not spend more than 180 days in one year. The requirement for this visa is to have a bank balance of $4,000 or more in foreign currencies during the six months preceding the application.
4) Golden Visa
Amendments are made to the Golden Residence Scheme in order to streamline the application process and expand the eligible beneficiary list. Investors, entrepreneurs, brilliant minds, specialists, scientists and professionals, outstanding pupils and graduates, humanitarian pioneers, and frontline heroes are among those who receive a ten-year visa.
Family And Domestic Employees:
A Golden Residence permit allows you to sponsor your family members, including your spouse and children, as well as domestic workers. There is no limit to how long you may stay outside the UAE in order for your Golden Residence to be recognized. Other advantages for family members allow them to remain in the UAE until the expiration of their visa if the first holder of the Golden Residence passes away.
This is given to scientists and researchers of excellent ability and standing in their field, based on the recommendation of the Emirates Scientists Council. The candidate must have a Ph.D. or master’s degree in engineering, technology, life sciences, and natural science from prestigious institutions. The applicant should have made a significant impact on the field.
The third category, “Diverse needs,” includes occupations that require talents in a wide range of fields including medicine, science and engineering, information technology, business and administration, education, law, culture, and social sciences. Applicants for the new visa residency system must have a valid employment contract in the UAE and be classified at the first or second occupational level as determined by the Ministry of Human Resources and Emiratisation. A bachelor’s degree or its equivalent is required, as well as a monthly wage of not less than Dh30,000.
This is given to top professionals in critical disciplines. It is based purely on talent, regardless of educational level, employment status, or monthly salary. It necessitates the approval of a federal or local government agency, and it includes gifted individuals in the areas of art, sports, digital technology, inventors, innovators, as well as other important fields.
Real Estate Investors:
When purchasing a property worth no less than Dh2 million ($540,000), real estate investors may buy Golden Residence. According to the new rules, investors who acquire a property with a loan from certain local banks are entitled to the Golden Home. When purchasing one or more off-plan properties worth no less than Dh2 million from authorized local real estate firms, investors may also obtain the Golden Residence.
Residence For Entrepreneurs:
According to the UAE’s new visa residency system, an entrepreneur must own or be a partner in a company that has been established in the country and meets the following criteria to be eligible for Golden Residence: It must have annual revenue of not less than Dh1m. The person who was one of the project’s founders and whose total value exceeded Dh7m will be entitled to a Golden Residence if he or she is still working on that earlier entrepreneurial effort. For projects or plans, the Ministry of Economy’s approval or the proper local authorities is needed.
Visa For Exceptionally Bright Students And Graduates:
According to criteria that include academic performance, the year of graduation, and the university classification, this home is aimed at high-performing students in UAE secondary schools and top graduates from UAE universities and the best 100 universities worldwide.
Green Visa For Skilled Employees And Freelancers:
A new path that promises to provide a five-year stay for qualified experts, without the need for a sponsor or employment. A bachelor’s degree or equivalent is required, and the wage must not be less than Dh15,000.
Green Visa For Investor Or Partner:
This residence is designed to entice investors. It allows foreign investors to reside and work for five years while creating or participating in commercial projects. It replaces the previous residence, which was valid for two years.
Requirements include approval of the investment and proof of investment. If the investor has more than one license, the total invested capital will be calculated.
The UAE’s new visa residency system is set to come into effect in September 2022 and will apply to all nationalities. There will be different categories of visas depending on your purpose of visit, and the requirements for each category will vary. However, all applicants will need to meet certain basic requirements, such as having a valid passport and travel insurance.