Conversations are picking up around the new visa rules announced for the 10-year UAE Golden Visa, the five-year Green Residence visa, and the entry permits being granted to visitors and tourists, but for those who are still unclear about what changes have been made to the previous visa rules, here’s a quick wrap.
For UAE residents who have already obtained a UAE Golden Visa, the new rules have removed the need to return to the UAE once in six months to keep the visa valid.
The three types of Green Residency visas for skilled workers, self-employed residents or freelancers, and investors replaces the previous residency that was valid only for two years.
For those who haven’t applied yet, the criteria for eligibility has become a lot simpler to understand, the application process is smoother, and the benefits of the long-term visas have been increased.
Under the new rules, a flexible grace period of up to six months will be offered after the expiry or cancellation of the Golden Visa, which can also be renewed based on the same simplified criteria.
The new rules for long-term visa holders raises the age of sponsored children from 18 to 25 years of age, while permitting unmarried daughters and children of determination to remain under the visa for as long as it is valid.
The maximum limit on support service workers – such as maids and other domestic labour – who are sponsored by the long-term visa holder has been removed.
The scope of the Golden Visa residency has also been expanded to include scholars, specialists, and exceptional talents in diverse fields.
For those looking to explore job opportunities in the UAE, the new rules offer specialised Job Exploration Visa, without the need of a guarantor or host inside the country, if the conditions set forth in the new executive regulations are met.
To boost interest in the UAE real estate market, the new rules allow investors and residents to obtain a Golden visa on purchase of a property worth $544,500 (AED 2 million), whether the property is bought off-plan, as a completed property, or as a loan from approved local banks.
(Source: ArabianBusiness YouTube channel)
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