The UAE’s Federal Authority for Identity, Citizenship, Customs, and Ports Security (ICA) said on Monday that new executive regulations regarding the entry and long-term residence for expats will be implemented in September 2022.
The new regulations will allow foreign nationals to enter the UAE for up to 10 years. Also allow them to extend the stay of their Green Residence and Golden Visas. They also expand the number of entry permits and visas for tourists and relatives.
The new regulations also include an integrated system and a new long-term residence visa. UAE aiming to attract investors, entrepreneurs, highly skilled workers, and self-employed residents.
The new regulations also provide for a flexible grace period of up to 6 months following the expiration or cancellation of a residency or entry permit.
Although the UAE Golden Visa allows individuals to sponsor their children regardless of their age. The Green Residence visa allows people to sponsor their children until they reach the age of 25. This is higher than the previous rule, which had limited the age of children that could be sponsored. Unmarried women and children of determination can also stay under the special residency program regardless of their age.
Golden Visa holders can now stay outside UAE for longer than 6 months.
The Golden Visa also has various advantages, such as the removal of the cap on the number of support service workers that could be brought in. It allows family members to stay in the country for the duration of the residency program even if the person who got the visa dies.
The UAE Golden Visa has also been extended to include individuals with exceptional talents and academic achievements. These individuals can stay in the country for the duration of their residency program.
Real Estate Investors
These goals are reflected in the new amendments to the Golden Residence program, which allow real estate investors to obtain a visa if they purchase a property worth $544,500 (AED2 million) or more. They can also apply for the visa if they are purchasing a property through a loan from a specific local bank.