UAE’s thriving business world is a great attraction for investors, corporate businesses, and expert professionals. The UAE government needs to ensure that foreign investors and corporate entities can establish their businesses with maximum possibilities. Adopting new UAE residence visa rules provides for a broader range of entry into the nation.
Government officials are establishing executive regulations for the Federal Decree – Law on Foreigners’ Entry and Residence. These modifications are now in place for both existing and new visas.
This article will dive into the detailed information for the latest UAE residence visa rules and regulations in the UAE. The new regulations provide a smooth and simple process to establish an appealing presence for investors and businesses in the UAE region. Let’s explore the details here;
1. UAE Residence Visa Rules and Regulations:
The UAE government introduced new visa residency regulations. These regulations will be effective within ninety days of their publication for the entry and residency laws in the UAE.
Let’s explore further details to learn about the regulatory changes for residency visa policies in the UAE;
Â
1.1 Multiple-Entry Visit Visa:
The UAE government introduced a new Multi-entry visit visa for a five-year plan with multiple opportunities to extend the stay and multiple entries for visitors to the UAE.
However, an individual can only use the service for 180 days. Anyone applying for the visa must have an outstanding balance of at least AED 14,700 or the equivalent in foreign currency in the six months preceding the application. This is a new UAE residence visa scheme and it will do wonders for tourism in the region.
1.2 Business Visa:
UAE Business visas do not require a local sponsor for investors, entrepreneurs, and professionals to submit their applications. It’s one of the most favorable visa regulations in the UAE for foreign investors. Now, it will be way easier for investors to start their companies in the regions. Consequently, supporting the local economy and meeting their development objectives.
1.3 Visit Visa:
Outsiders are eligible for this visa if they have relatives or acquaintances who are citizens or residents of the UAE. Similarly to that, a visa like this does not require a sponsor or host to be present.
1.4 Temporary Work Visa:
Candidates should know about this specific visa if they have short-term job obligations such as project-based work or probationary periods. A temporary work agreement, an employment letter, and proof of fitness are all required for qualified applicants to obtain this visa.
1.5 Study Visa:
With the help of this visa, students or aspiring professionals can participate in academic pursuits, specialized training programs, or internship opportunities. Both public and private educational research institutions provide sponsorship options. Additionally, a statement of purpose stating the duration and specifics of the study/training program is necessary from the entity to issue this type of visa.
1.6 Dependents Visa:
Parents could sponsor their children till the age of 18 under former family residency laws. However, male children can now obtain sponsorship until the age of 25; on the other hand, daughters can obtain sponsorship permanently. Furthermore, children with special needs will need a special permit under the UAE’s new rules and legislation. In addition, the renewal process of this visa is now easier than ever.
Â
1.7 Work Visa:
The UAE government has taken a ground-breaking measure to encourage job applicants and make the application process easier. While sponsors or hosts are not necessary for this visa, applicants will need at least the following:
- Bearers of a bachelor’s degree or its equivalent.
- Recent graduates from 500 of the world’s best colleges.
- Candidates who fall within the Ministry of Human Resources & Emiratization’s first, second, and skill levels.
1.8 Green Visa:
A Green visa is a premium plan for a five-year residency that allows visa holders to stay with their families without any requirement of employer or local sponsors. Visa applicants must hold a bachelor’s degree and a minimum revenue of fifteen thousand AED for this visa eligibility.
2. Know about the New Golden Visa UAE Breakthrough:
The Golden Visa is a ground-breaking initiative by the UAE government to recognize and reward brilliant individuals. This unique visa, which is available to a broad spectrum of professional categories and investors, allows them to enjoy the advantages of the UAE for up to ten years.
Golden Visa Categories:
2.1 Entrepreneurs:
Up-and-coming businesses, like startups, are eligible to submit an application for the Golden Visa if they:
- Register their business in the UAE.
- Belonging to the SMEs category.
- Keep your annual income at least 1 million AED.
2.2 Real Estate:
Foreign investors can obtain a long-term residency with a minimum investment of two million AED in Dubai property for ownership. If a person has a mortgage or off-plan real estate, their eligibility may be taken into account if their total cumulative investments equal or exceed AED 2 million.
2.3 Scientists and Researchers:
Those who are specialists in their fields of research and science also qualify for the golden visa, assuming that they meet the following criteria:
- They require a letter of endorsement from the Emirates Council of Science and Research Center.
- They must hold a Master’s or PHD degree from a relevant institution in their related field to demonstrate their qualification and expertise.
2.4 Skilled Workers:
This group includes those with a bachelor’s degree or above, an active employment contract, and/or a monthly wage of at least AED 30,000. The rules of the Ministry of Human Resources and Emiratization state that their line of work must fall within occupational level one or two.
2.5 Exceptional Talent:
People who have demonstrated remarkable potential in innovation, athletics, the arts and culture, technology, medicine, the law, and other professions are eligible to apply for the Golden Visa, according to the UAE government. These applicants will require a letter of reference or approval from the pertinent government body, which will complicate the process.
3. Learn about the Benefits of having a UAE Visa:
The UAE consistently ranks as one of the best places in the world for ex-pats, thanks to its excellent standard of living and security. Here are additional benefits you can take advantage of if you decide to move to the UAE as a resident:
3.1 Driver’s license Eligibility:
A foreign person is able to change their current driver’s license into an official UAE driver’s license with the help of a UAE residency visa.
3.2 Health Services in the UAE:
Even though it is optional in some Emirates zones, health insurance is necessary in the UAE. Therefore, an ex-pat with a resident visa is able to use health services offered by the UAE government with a health card at a reasonable fee.
3.3 Enrollment in Public and Private Schools:
Children of foreign professionals working in the UAE who are under 18 can attend public institutions since 2001. Therefore, if they meet the qualifications and pay the tuition fees, students are permitted to enroll in both public and private schools.
When enrolling the kids in a private school, the parents’ Emirates ID is needed as it is a necessary requirement.
International visitors should be aware that Arabic is the main language used for all of the available disciplines. Furthermore, every class adheres to the curriculum established by the UAE Ministry of Education. However, for basic grammar and comprehension abilities, English is regarded as a second language.
3.4 Job and Investment:
Foreign nationals possessing residency visas for the UAE have the right to work and invest there. For some professionals and investors, the UAE government has created additional types of resident permits. Also, the visas allow visitors to stay in the nation for protracted periods of time.
3.5 Bank Account and Extra Services:
The international person’s Emirates ID is required as the main document by banks in the United Arab Emirates. Either a savings account or a current account must be opened using it. Consequently, if the applicant is eligible, opening an account is simple.
One of the world’s most developed nations is the United Arab Emirates. It provides Dubai residence visa renewal new rules that make it easier for businesses to operate and for its citizens to prosper. International visitors can benefit from the good weather, a wide range of recreational activities, a low level of crime, and more.
4. Obtain the Best PRO and Visa Services with KPMPRO in the UAE:
Without a doubt, the UAE is one of the most desirable locations in the world right now for investments and permanent residence. Anyone wishing to settle down here is sure to have an unforgettable experience. Therefore, the fact that UAE Residence Visa Rules are designed to meet specific demands is to their advantage.
If you want to obtain your UAE visa with professional support, we are here for you! With KPM PRO Services, you will be able to go through the UAE visa process without issues. All you have to do is get in touch with our agents and let us know about your requirements. Give us a call at +971 43 316 688. Also, you can email us at info@kpmpro.ae.