On October 3, new visa requirements came into effect in the UAE.
New types of residence permits and visas for entry into the UAE
They simplify the rules of entry and obtaining resident visas
Golden visa for 10 years
The new rules include a number of changes that will allow investors to:
- get a resident visa for 10 years instead of 5 years when buying real estate worth $545,000 or more;
- buy real estate on credit, which is issued by a bank approved by the UAE government;
- include in the application for a residence permit any number of domestic helpers.
Green visa for 5 years
The new visa scheme also includes the Green Visa, a 5-year residence visa for self-employed individuals, freelancers, investors or business partners, and highly skilled workers.
"Green Visa" allows its holder to reside in the UAE, as well as to sponsor dependents and first degree relatives (including unmarried sons under 25 years old) without the need for a sponsor or employer. Children with disabilities are granted a residence permit, regardless of their age.
Who can apply for a green visa
- investors and entrepreneurs who conduct commercial activities in the UAE;
- qualified professionals with an employment contract from a local company, a bachelor's degree and a monthly salary of 15,000 dirhams ($4,080)
- freelancers with a work permit from the Ministry of Manpower and an annual income of 360,000 dirhams ($98,000)
Changes in the validity period of a tourist visa
Tourist visa is now issued for 60 days instead of 30.
The multiple-entry tourist visa for 5 years appeared for the first time.
The visa allows a foreigner to stay in the UAE for up to 90 consecutive days for 180 days a year. Requirement: Proof of $4,000 in bank account within the last six months prior to application.
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