New Rules Widening Golden Visa Eligibility
The UAE Cabinet has revealed a sweeping set of new rules that widen the eligibility criteria for 10-year and 5-year visas, while announcing new long-term entry permits for tourists, visitors, jobseekers, and students.
New rules for Golden Visa and Long-term visas for the UAE – including the 10-year Golden Residence Visa and the 5-year Green Residence visa – as well as long-term permits to enter and stay in the country have become a lot more accessible for residents and visitors.
On Monday, 18 April, the UAE Cabinet – led by Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister, and Ruler of Dubai – revealed a sweeping set of executive regulations in order to attract and retain top talent in the country.
While on one hand, the new executive regulations widen the eligibility criteria to apply for long-term visas, on the other hand, it also widens the number of individuals – in various categories, professions, and roles – who can apply for the long-term visas.
The long-term visas are being granted to investors, entrepreneurs, startup owners, exceptional talents, scientists, professionals in various fields, outstanding students and graduates, humanitarian pioneers, and frontline heroes.
Rules for Golden Visa and Extended Family
The benefits of the long-term visas will extend to immediate family members. Children can be sponsored by the Golden Visa or Green Residence visa holder until the age of 25 – an increase from the previous rule of 18 years – with no age limit for unmarried daughters. Children of determination are granted a residence permit, regardless of their age.
The UAE Golden Visa residency programme, which was first implemented in 2019, enabled expats to live, work, and study in the UAE without the need of a national sponsor and with 100 percent ownership of their business on the UAE’s mainland.
With the new rules, the criteria to apply for the 10-year visas have now been eased, as more people across a diverse set of professions will be offered the opportunity to apply for the Golden Visa.
The five-year UAE Green Residence visa – which targets exceptional talent, skilled professionals, freelancers, self-employed residents, investors, and entrepreneurs – replaces its previous two-year version.
A number of new entry permits and visas that – for the first time – do not need a host or sponsor have been announced by the UAE Cabinet to benefit visitors, tourists, and job seekers.
Article from Arabianbusiness.com
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