Learn about the new rules for the UAE Golden Visa residency scheme

UAE Golden Visa

During the last few weeks, the UAE Cabinet has made some important announcements related to the UAE’s new entry visas. There have been major improvements regarding these visas and residency permits too, including changes related to the UAE Golden Visa. And if you are looking forward to staying in the UAE, you should be aware of these recent visa updates.

In this article, you will learn everything you need to know about the UAE Golden Visa and its updated rules. Plus, you will also learn about the new Golden Visa categories that the UAE government recently added to the scheme. Furthermore, here you will also find out more relevant information about the new entry and residency visas in the UAE. Let us observe:

  1. What is a Golden Visa in the UAE?
  2. What are the new rules related to the Golden Visa in the UAE?
  3. How many Golden Visa categories can you now find in the country?
  4. Are there new benefits for the UAE Golden Visa holder’s family members?
  5. What other types of residence permits can you find in the UAE?
  6. Can you apply for any of the new entry visas in the country?
  7. How can Connect Resources help you apply for a Golden Visa in the UAE?

1. What is a Golden Visa in the UAE?

A visa is a legal document that allows foreign individuals to stay in a particular country for a determined period. By having a UAE Golden Visa, you will be able to live and work in the UAE for 10 years. You can apply for this visa depending on several factors, like the type of visa you desire.

There are several types of Golden Visas that you can find in the country. And besides, you will also find other types of residence permits, like Green Visas.

1.1. What other similar types of visas can you find in the UAE?

In case you desire to obtain other visas besides the UAE Golden Visa, you will have two main options. Firstly, you can opt for getting a Green Visa, which we will explain below since there are new rules regarding this visa too. Your second option would be the Freelancer Visa, which has different requirements and benefits compared to the previously mentioned visas.

If you desire to apply for a Freelancer Visa, you must keep in mind that the renewal process is annual. Nonetheless, this type of visa is more affordable compared to the Golden and Green Visas. Besides, there will be more flexibility for you and this visa will help you start your own business as well.

2. What are the new rules related to the Golden Visa in the UAE?

As we mentioned before, the UAE Cabinet has recently made some important changes related to the UAE Golden Visa rules. And these new changes are part of the new entry and residence scheme in the country. The main purpose of these improvements is to attract talented professionals from other countries and allow them to stay and work in the UAE.

The Golden Visa rules have been updated and now visa holders can get the following benefits:

  • They can stay in the country for 10 years with this residence visa, which is renewable.
  • No matter how long they stay outside the country, it will not nullify their visas.
  • There is no limited number when it comes to having support service laborers.
  • There is no need to have a sponsor, host, or employer.
  • Entry visas are valid for 6 months with multiple entries to proceed with residence issuance.
  • There is residence for family members, including spouses and children.
  • Family members will be allowed to stay in the country if the event of the death of the original visa holder occurs. However, they can only stay until their residence permit expires.

3. How many Golden Visa categories can you now find in the country?

Now that you are aware of the benefits of having a UAE Golden Visa, you should learn about the categories. In the new entry and residence scheme, you will be able to find a variety of new Golden Visa categories.

Some of the most outstanding categories that the UAE Cabinet recently announced and that you can find are the following:

  • Golden Visas for Professionals.
  • Golden Visas for Scientists.
  • Also, Golden Visas for Real Estate Investors.
  • Golden Visas for Entrepreneurs.
  • Golden Visas for Exceptional Talents.
  • Lastly, Golden Visas for outstanding Students and Graduates.

3.1. Golden Visas for Professionals

In order to attract highly skilled professionals with excellent educational qualifications and experience, the UAE Cabinet introduced this new category. And those who desire to apply for it must have experience in disciplines like medicine, education, law, information technology, etc.

One of the main requirements is having a valid employment contract in the country. Furthermore, it will be necessary to have a minimum educational level of a bachelor’s degree or its equivalent.

3.2. Golden Visas for Scientists

This one is for scientists and researchers with outstanding achievements and influence in their area based on recommendations from the Emirates Scientists Council. Among the requirements for getting this particular type of visa, the applicant must have a PhD or a master’s degree.

Their master’s degree can be related to disciplines like technology, engineering, life sciences, and natural sciences. Another important detail is that their PhD or master’s degree must be from the best universities in the world.

3.3. Golden Visas for Real Estate Investors

Another UAE Golden Visa category that you can find is this one for real estate investors. However, only those investors who have purchased a property worth no less than AED 2 million can get this visa.

Nonetheless, real estate investors can also get this visa if they purchase a property with a loan from certain local banks. Also, if they buy one or more off-plan properties of at least AED 2 million from recognized local real estate companies, they can get this visa.

3.4. Golden Visas for Entrepreneurs

In order to apply for this particular UAE Golden Visa, you must meet certain requirements and conditions. For example, you need to own or be a partner in a startup registered in the UAE. And it should be registered in the small and medium enterprises (SMEs) category. Plus, it must generate annual revenues of at least AED 1 million.

Getting approval from the Ministry of Economy, an official business incubator, or the relevant local authorities is another requirement. Furthermore, if the applicant is a founder of a previous entrepreneurial project (sold for at least AED 7 million), he/she can get a Golden Visa.

3.5. Golden Visas for Exceptional Talents

Individuals who are recognized as top talents in important fields can apply for this visa. Nonetheless, it is essential to keep in mind that this visa is awarded based on talent only. Therefore, educational qualification, employment status, professional level, and monthly salary are not important in this case.

As for the requirements, it will be necessary to have the recommendation or approval of a local or federal government entity. It includes talented individuals in several fields (art, sports, culture, etc.).

3.6. Golden Visas for outstanding Students and Graduates

Lastly, those students with high performance in secondary schools in the UAE are the target of this particular residence visa. Also, outstanding graduates from UAE universities or the best 100 universities in the world can get this visa.

However, they can only obtain it according to particular criteria, which include their academic performance and their year of graduation. In addition, the university classification will also have an important role during the visa application process.

4. Are there new benefits for the UAE Golden Visa holder’s family members?

Besides making new improvements to the UAE Golden Visa, the Cabinet also announced the new incredible benefits for family members. And with those new benefits, the family members of a visa holder, including spouse and children, can enjoy better conditions. In other words, if you have this type of residence visa, you can bring your family members without a problem.

Among the new benefits, the increase in the age of children that the visa holder can sponsor is worth mentioning. Previously, visa holders were only allowed to sponsor children up to 18 years old, but this number has been raised to 25. Besides, there is no age limit in case the visa holder desires to sponsor his or her unmarried daughters. And in the case of children of determination, they will be granted residence permits, regardless of their age.

5. What other types of residence permits can you find in the UAE?

Apart from the UAE Golden Visa, you can also apply for a Green Visa in the UAE and get benefits. And you should be aware of the fact that the Green Visa rules were also updated and improved. For instance, this visa now allows you to stay in the country for 5 years and grants a longer grace period.

If your visa expires or gets canceled, you will have a grace period of up to 6 months. As for the new Green Visa categories, you can find a variety of them, and each has different requirements. And the most outstanding categories that you will be able to find are the following:

  • Green Visas for Investors or Partners.
  • Green Visas for Skilled Employees.
  • And Green Visas for Freelancers and Self-Employed Professionals.

6. Can you apply for any of the new entry visas in the country?

In case you desire to apply for other types of visas, you can opt for the new UAE entry visas. Just like the UAE Golden Visa, entry visas also had some major changes and improvements a few weeks ago. And now, foreigners can apply for a variety of entry visas depending on their circumstances, visit purposes, and other elements.

And it is also important to keep in mind that most of these entry visas do not require a sponsor. Therefore, the application process for these visas is now a lot easier for foreign applicants in the UAE. Among the new entry visas that are now available in the UAE you can find the following:

  • Business entry visas.
  • Job exploration entry visas.
  • Tourist visas.
  • Entry permits for a temporary work mission.
  • Entry permits to visit friends or relatives.
  • And entry permits for training and studies.

7. How can Connect Resources help you apply for a Golden Visa in the UAE?

If you desire to effectively apply for a UAE Golden Visa or an entry permit, getting professional guidance is essential. The Connect Resources specialists can provide you with the information, guidance, and tips that you need to get your visa. This way, the application process for your desired visa will be quick and easy, besides, you will get several benefits.

Moreover, if you desire to apply for any other legal document, make sure to request our visa and government services. The application for any of the documents that you need will be a lot easier and faster for you. All you will be required to do is to contact our team and let us know about your requirements.

On the other hand, you should check out our extensive recruitment services in the UAE.

Are you looking forward to applying for a Golden Visa in the United Arab Emirates? Make sure to get in touch with Connect Resources to obtain more information about the new rules and requirements for getting this visa. By calling us at +971 43 316 688, you will be able to communicate with one of our specialists. Plus, you can also email us at contact@connectresources.ae and get more details about our services as well.

In case you are searching for job offers that match your skills, you should visit thetalentpoint.com to get the best results. In this way, you will have the best options while looking for a suitable job in the UAE. Make sure to submit your resume or CV and send an email with it at contact@thetalentpoint.com, so we can receive your application.

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