UAE Reforms Its Visa Policy For Both Residents And Visitors

HLB HAMT News Team

image

HLB HAMT - Accounting Firm in UAE

Phone:- +971 4 327 7775
Mobile:- +971 55 160 1291
WhatsApp:- +971 56 219 1607
Email:- dubai@hlbhamt.com

    Get Free Consultation




    One of the most significant changes to the UAE visa system in years has been adopted by the UAE Cabinet. The new visa system falls under a variety of visa types including residence permits, new entry and golden visas. The executive regulations on foreigners’ arrival and citizenship have been approved by the UAE Cabinet. Following ninety days from the date of publication in the Official Gazette, the executive regulations will take effect.

    The proposed system provides UAE travellers with a variety of visa options for various visits. This visa policy eliminates the necessity for arrivals to get sponsorship. All entry visas can be used for single or multiple entries and can be updated for comparable periods of time, in addition to being valid for 60 days from the date of issue.

    Golden Visas 

    The eligibility requirements and beneficiary sectors have been modified. The modifications enable the bearer of a golden residence to endorse his or her family irrespective of age. Additionally, there are no time limits on how long you can remain outside the UAE in addition to keeping your Golden Visa active. In the case that the actual owner of the Golden Residence passes away, family members are permitted to remain in the UAE until the expiration of their license.

    • For scientists – On the advice of the Emirates Scientists Council, this residency is offered to scientists and researchers with major accomplishments and impacts in their fields. The candidate must hold a PhD or master’s degree in engineering, technology, biological sciences, or natural sciences from one of the world’s top institutions, and also have significant research breakthroughs.
    • For professionals – The aspirants must have a credible UAE contract of employment and be classified in the first or second occupational level. The candidate must have a bachelor’s degree or its equivalent in education and a monthly income of at least Dhs30,000.
    • For outstanding talents – This type of visa is only given to top performers in critical fields. It is given solely on the basis of skill, independent of a person’s educational background, work situation, a monthly wage, or professional level. It necessitates the permission or endorsement of a federal or local government authority.
    • For Entrepreneurs – The executive regulations provide for a wide range of conditions for entrepreneurs seeking a Golden Visa. An entrepreneur must own or be a partner in a startup that is registered in the nation as an SME and has annual revenues of at least Dhs1 million.
    • For real estate people – When acquiring a property valued at least Dhs2 million, real estate investors can apply for Golden Visas. According to the new modifications, investors can also get a Golden Visa if they buy a home with a mortgage from a specified local bank.

    New residence visas

    To lure talented professionals, freelancers, investors, and entrepreneurs, a new 5-year resident visa has been established. More advantages are available to help family members remain in the nation, and lengthier customizable notice periods of up to six months are now available to stay in the country when a residence visa is revoked or expires.

    Green Visas 

    Skilled professionals, talented individuals, investors, and entrepreneurs can apply for these which are valid for five years without a sponsor or employer. It provides lengthier grace periods, up to six months, for staying in the nation after a residence permit has been revoked or terminated. A bachelor’s degree or equivalent is required, and the salary must not be below Dh15,000.

    • Employees with specialised skills – This 5-year residency visa does not need a sponsor or an employer. Candidates must have a current job contract and be categorised in the first, second, or third occupational levels.
    • Individuals that work as freelancers or are self-employed – This 5-year residency visa does not need a sponsor or an employer. A bachelor’s degree or specialized certificate is required as a minimum educational level. In addition, the individual’s yearly self-employment revenue for the preceding two years must be at least Dhs360, 000.
    • For potential investors or business partners – This residency visa permits investors who are creating or engaging in business ventures to stay for five years. It takes the place of the prior residency, which was only for two years. Permission and evidence of investment are among the requirements.
    • Family members now have new perks – The sponsorship age for children has been raised from 18 to 25 years, with no age restriction for unmarried daughters. Irrespective of age, children of determination are awarded a residence visa. Recipients of green residence visas are permitted to give residence permits to first-degree relatives, with the residency of family members having the same validity as the primary resident visa holder.

    Business entry visa

    This visa, which does not need a sponsor or host, is designed to attract investors and entrepreneurs to explore trade and development possibilities in the United Arab Emirates.

    Tourist visas

    A five-year multi-entry tourist visa has been offered in addition to the regular tourist visa provided by the tourism sector. This visa does not need a sponsor and permits the holder to remain for up to 90 days in the country. It can be prolonged for a good length of time as long as the total stay duration does not surpass 180 days in a year. The candidate must provide evidence of a bank balance of $4,000 or it’s similar in foreign currencies for the previous 6 months prior to the filing of the visa application.

    Conclusion

    The new visa scheme intends to bolster the UAE’s reputation as a desirable place to recruit international talent and highly trained individuals and would improve the employment market’s viability and versatility, as well as develop a strong feeling of consistency among UAE citizens and their dependents.

     

    Would you like to rate us on Google?         

     

    Varun R Chandra
    Varun R Chandra
    07:38 25 Apr 21
    HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
    Giuseppe Assi
    Giuseppe Assi
    06:20 31 Jan 21
    I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
    Mohamed Sheriff
    Mohamed Sheriff
    16:16 28 Jun 20
    Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
    218141 JOSEPH THOMAS
    218141 JOSEPH THOMAS
    16:20 23 Jun 20
    Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
    PMI
    PMI
    07:14 23 Jun 20
    In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
    RAVI CHOKSI
    RAVI CHOKSI
    08:28 21 Jun 20
    Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
    Maharajan Subramaniam
    Maharajan Subramaniam
    18:17 06 Jun 20
    High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
    Mohammed L
    Mohammed L
    08:07 05 Jun 20
    We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
    ROY ROSHAN VIVIAN
    ROY ROSHAN VIVIAN
    06:32 04 Jun 20
    Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
    Basil Daniells
    Basil Daniells
    05:55 03 Jun 20
    I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
    Amar Kashyap
    Amar Kashyap
    19:28 02 Jun 20
    Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
    Radz de Jesus
    Radz de Jesus
    16:03 02 Jun 20
    We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
    Next Reviews
    js_loader

    Get in touch

    Whatever your question our team will point you in the right direction

    Start the conversation
    Get in touch
    x
    x

    Share to:

    Copy link:

    Copied to clipboard Copy