UAE launches job exploration entry visa

Abstract: The cabinet of UAE passed new regulations for the entry and residence of foreign nationals for job exploration. Highlights

• The population of UAE consists of 80 percent of foreign nationals.
• They are significant contributors to the economy of the country.

The cabinet of UAE has approved new guidelines that would make the entry and residence of foreign nationals easier. It has formalized the process of providing expatriates a significant stake in the country's economy. Immigrants can easily gain entry for job exploration in UAE. According to a statement by UAE officials, "The latest system of residence and entry plans to attract and retain skilled workers and global talents from all across the globe. It will boost flexibility and competition in the job market. It will also foster a sense of stability in the UAE residents and their families." https://youtu.be/wUbI9x3fhKA Details of the recent changes in permit regulations These changes have been made to the permit regulations for residence and entry.

• The scheme of golden residence has expanded the pool of beneficiaries and simplified the eligibility requirements. The residence for ten years is granted to entrepreneurs, investors, exceptional talents, professionals, scientists, students and graduates, and humanitarian activists.
• The changes allow the holders of golden residence visas to fund family members.
• The restriction concerning the maximum duration of stay outside the UAE to keep the golden residence valid has been lifted.
• The investors of Real Estate can get the golden residence if they purchase a property of at least 544,500 USD or 2 million dirhams.
• Green residence: Freelancers and individuals who are self-employed get a residency of 5 years without an employer or sponsor in the UAE.
• Green residence for partners or investors: Investors get a five-year residency. Earlier, they got residency which was valid for two years.
• Freelancers, talented and skilled professionals, entrepreneurs, and investors are granted residency of 5 years.
• Immigrants will not need a host or sponsor for their new entry, business activities, or job exploration.
• Tourist visa: A multi-entry tourist visa valid for five years has been introduced. It does not need a sponsor but demands evidence of funds of 4,000 USD or its equivalent in Dirhams.

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