UAE skilled employees can now get a 5-year residency visa without a sponsor
The UAE Government Media Office has issued a pair of circulars with updated information on the country’s visa policy. Residence permits, entrance, and Golden visas are the three new categories of visas.
The UAE Cabinet, led by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and Ruler of Dubai, approved the executive provisions of the Federal Decree-Law on Foreigners’ Entry and Residence.
The new system of residency permits is aimed at skilled workers, freelancers, and their families, as well as investors. Each group also has its own set of benefits.
To attract talents, skilled professionals, freelancers, investors, and entrepreneurs, the UAE has introduced new 5-year residence tracks. The Green or Residency visas allow you to continue in the nation for up to 6 months after your residence permit has been canceled or expired.
Employees with a high level of expertise:
According to the Ministry of Human Resources and Emiratisation, applicants must have a valid employment contract and be classed in the first, second, or third occupational level. They must also have a bachelor’s degree or comparable education and an annual income of at least AED15,000.
They will be permitted to stay in the UAE for five years without the need for a sponsor or employer. The Ministry of Human Resources and Emiratisation required a freelance/self-employment authorization. They should also have a bachelor’s degree or specialized certification. The previous two years’ yearly revenue should not have been less than AED360,000.
Investors or partners:
The new two-year resident plan for investors replaces the previous two-year scheme. Investors can now apply for a 5-year residence visa. They demand investment approval as well as proof of investment. The total invested capital will be determined if the investor (partner) owns more than one license. The approval of the appropriate municipal authorities is required.
The new system for residence visas and entry permits offers new types of residence permits for investors, skilled employees, self-employment and family members. The new types provide customized benefits to each category. pic.twitter.com/7JI8qjMsKm
— UAEGOV (@UAEmediaoffice) April 18, 2022