New visa regulations were implemented in the UAE on October 3, 2022, making it more easier for foreigners to obtain a long-term visa to stay in Dubai and the entire UAE. The UAE Cabinet, headed by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, unveiled new rules on April 18, 2022.
Since October, it has become more simpler for professionals and skilled people, investors, innovators, deserving graduates and students, as well as entrepreneurs and startup owners, to get a 10-year Golden Residence Visa and a 5-year Green Residence Visa. With the new modifications, Golden & Green Visa holders can now sponsor children up to the age of 25, as opposed to the previous maximum age limit of 18. No age restrictions apply to the sponsorship of unmarried daughters. A residency permit is issued to children of resolve regardless of their age.
Except for investment visas, Homes Partner real estate consultants don't help with visa applications. However, if you are looking to relocate to Dubai, we are always prepared to give you the most recent information regarding changes and rules, as well as assist you in selecting a home that meets your needs.
In 2019 the launch of the Golden Residence Visa program. With this kind of visa, visitors can live, work, study, and travel freely in the UAE without the need for a local sponsor. Additionally, it enables people to start a company in the nation and take full ownership of it.
More people are now eligible to apply for a 10-year Golden Visa thanks to these new rules. For instance, the initial visa holder is free to support any domestic employees as well as any of their family members, such as their spouse and children. Family members will be permitted to remain in the UAE until the expiration of their visas in the terrible event that he or she passes away. Another significant adjustment is the removal of the six-month maximum stay requirement outside of the UAE in order to maintain the validity of the visa, which means that foreigners no longer need to be concerned about losing their Golden Visa status.
Becoming a real estate investor is one of the most well-liked routes to receiving a 10-year Golden Visa. You have the chance to get a 10-year Golden Visa if you are the owner of a ready-to-move property with a price starting at AED 2M (USD 545K), and the visa will be extended if you keep the property.
Other categories of people who are eligible to apply for the Golden Visa include scientists and researchers who have made significant contributions to their field, highly skilled workers, top performers in the arts, sports, and digital technology, as well as pioneers in humanitarianism and frontline heroes.
A 10-year Golden Visa may also be granted to graduates of the top 100 colleges in the world, UAE institutions, and deserving Emirati secondary school students. A Golden Visa may also be granted to entrepreneurs and startup owners who are founding partners or owners of a startup in the United Arab Emirates that is classified as a small- or medium-sized business and that has an annual revenue of at least AED 1 million (USD 272 thousand). The startup must also have its business plan approved by an official business incubator or the Ministry of Economy.
You have the option to apply for a 5-year Green Residence Visa if you are a talented and competent worker, freelancer, or business owner. This will also make it easier for your family to live with you. You will be permitted to stay in the UAE for six months following the cancellation or expiration of the permit.
To obtain a 5-year Green Visa, investors and partners who are engaged in or starting business activities must provide permission of the investment and proof of investment. The total investment capital is determined if there are several licenses. The approval of capable local authorities is required. A skilled worker, a freelancer, or a self-employed person are also eligible for a Green Residence Visa.
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