UAE Residence Visa

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  • 16 June 2022
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UAE Residence Visa

Dubai is not just the most populous metropolis in the United Arab Emirates but also one of the world's most populous cities. It is famous for its architecture, construction industry, educational institutions, tourist attractions, glitzy retail malls, and local souks (marketplaces).


UAE approves residence scheme and a new entry for tourists and foreigners

Dubai is not just the most populous metropolis in the United Arab Emirates but also one of the world's most populous cities. It is famous for its architecture, construction industry, educational institutions, tourist attractions, glitzy retail malls, and local souks (marketplaces).

 

It is important to note that having a Dubai travel insurance coverage is a must because of the large number of visitors all around the globe who visit Dubai each year, and it's been necessary for all. Besides the obligatory Dubai visa for visitors, having a foreign travel insurance policy protects you from various unexpected emergencies and scenarios, including baggage loss, delayed or cancelled flights, accidents, diseases, and much more!

 

The government of the United Arab Emirates approved legislation on expatriate immigration and residence, formalizing a process intended at providing expatriates with a greater interest in the economy.

 

According to a release, "the new system of entry and residence intends to recruit and retain multinational talents and skilled employees from all over the world, as well as increase the employment market's competitiveness and flexibility and promote a high semblance of calm among UAE citizens and families."

 

New immigrants account for more than 80% of the UAE's population and have been a vital part of the economy for decades. Dubai and Abu Dhabi are two of the seven sheikhdoms that make up the United Arab Emirates.

 

Details on the new residence and entrance permits are as follows:

 

  • The eligibility criteria for the golden residence programme have been simplified, and the classifications of recipients have been increased. Entrepreneurs, industrialists, unique talents, scientists and experts, outstanding postgraduates, humanitarian pioneers, and first-line heroes are all eligible for a 10-year visa.

 

  • Amendments make it possible for holders of golden residences to sponsor family members.

 

  • The maximum time of stay outside the UAE is unrestricted to keep the golden residence valid.

 

  • Real estate investors can receive a golden dwelling when purchasing a house valued at least 2 million dirhams ($544,500).

 

  • Green residency: Green residency in the UAE is a 5-year residency programme for freelancers and self-employed individuals who do not require a sponsor or employer.

 

  • Green residence for investors or partners: Investors or partners who develop or participate in business activity are eligible for a 5-year green residency. It takes the place of the prior residence, which was only valid for two years.

 

  • New forms of residency visas: a 5-year resident visa to attract talents, skilled professionals, freelancers, investors, and entrepreneurs.

 

  • New entry visas: For the first time, new categories of visas are introduced that do not require a host or sponsor. Moreover, all entrance visas can be used for single or multiple entries and renewed for a similar period. They are valid for 60 days from the date of issuance.

 

  • Entry visa for job hunting: It does not necessitate the involvement of a sponsor or a host. The Ministry of Human Resources and Emiratization gives it to people categorized in the first, second, or third skill level. A bachelor's degree or its equivalent should be the minimum educational level.

 

  • Business entry visa: To enable investors and entrepreneurs to explore business and investment opportunities in the UAE, a business entrance visa does not require a sponsor or host.

 

  • Tourist visa: A 5-year multi-entry tourist visa has been introduced, which does not require a sponsor; confirmation of a bank balance of $4,000 or its equivalent is required.

 

 

 

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