30 C
Dubai
Sunday, November 24, 2024
spot_img

UAE Golden Visa: Expanding long-term residence qualifications-News

[ad_1]

The Golden Visa allows foreigners to live, work and study in the UAE without a national guarantor.

A series of UAE visa reforms were announced on Sunday, and the government launched 13 of the 50 projects that will be launched this month.

As part of the “Top 50 Project”, the entry and residence system has been upgraded to confirm the UAE’s status as an ideal destination for work, investment, entrepreneurship, education and life.

A new regulation expands the qualifications for the Golden Visa to include managers, chief executives, science, engineering, health, education, business management, and technical experts. In addition, the procedures for obtaining long-term residency for highly skilled and professional residents, investors, entrepreneurs, scientists, pioneers, leading students and graduates have been simplified.

The Golden Visa allows foreigners to live, work and study in the UAE without a national guarantor. These visas are issued for five or ten years and are automatically renewed.

Housing reform

Other regulatory changes announced on Sunday include:

>> The travel permit was extended from three months to six months.

>> Parent guarantee under the immediate family visa.

>> The stay for humanitarian cases is extended for one year.

>> The age limit for children’s parents to live has been extended from 18 to 25 years old.

>> Extension of the grace period for exit 30 days to 90-180 days after unemployment or retirement.

Green visa, freelance visa

The UAE government also announced a green visa, expanding self-occupation status to investors, entrepreneurs, highly skilled individuals, top students and graduates.

Everything you need to know about the new UAE visa

It also announced the provision of federal freelancer visas for self-employed individuals in professional fields such as artificial intelligence, blockchain and digital currency in the UAE and overseas.

The UAE Government Media Office stated in a statement: “These measures are aimed at improving the competitiveness and flexibility of the UAE labor market, promoting industry growth, promoting knowledge transfer and skill development, and creating greater stability and security for residents. .”

sahim@khaleejtimes.com




[ad_2]

Source link

Related Articles

UAE Operation ‘Chivalrous Knight 3’: Over 121 Aid Shipments Delivered to Gaza Amid Humanitarian Efforts

UAE has reinforced its dedication to humanitarian relief through the ongoing effort known as Operation ‘Chivalrous Knight 3.’   This initiative has seen the UAE dispatch...

With an eye towards its IPO on Nasdaq and Euronext, AAD Invest Group finalizes a EUR 75 million funding agreement with Global Emerging Markets...

AAD Invest Group finalizes a EUR 75 million funding agreement with Global Emerging Markets (GEM) About AAD Invest Group – Nov 2024 Founded in January 2024...

UAE Strengthens Global Ties: President Welcomes Qatari Prime Minister, While Crown Prince Leads at G20 in Brazil

UAE is making significant strides in strengthening its international relations, with recent diplomatic activities highlighting the country's growing influence on the global stage. In a...

Abu Dhabi Crown Prince Leads Strategic Talks at G20: Strengthening UAE-Brazil Relations for a Prosperous Future

Abu Dhabi’s Crown Prince, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, is currently in Brazil to participate in the G20 Summit, a...

From Seed to Superfoods The Inspiring Journey of Bharat Budhiraja and Urbana Superfoods

In a world teeming with fast-paced food trends, Bharat Budhiraja is charting a unique path with his brand, Urbana Superfoods, owned by Krish Perennials Pvt....

Latest Articles