Investing in the UAE: New regulations for Golden Visas, Green Visas, job visas, and entry permits

The United Arab Emirates (UAE) is known for its booming economy and lucrative investment opportunities for those who want to invest in dubai. In recent years, the UAE government has implemented new regulations to attract foreign investors and skilled professionals to the country. These regulations include the introduction of Golden Visas, Green Visas, job visas, and entry permits. This blog post will explore these new regulations and how they can benefit investors.

Golden Visas

Golden Visas are long-term residency visas granted to foreign investors, entrepreneurs, and business leaders. The key is valid for ten years and can be renewed for another ten years. The Golden Visa is designed to attract foreign investment to the UAE and encourage entrepreneurs to start businesses there. To be eligible for a Golden Visa, an investor must meet specific criteria, such as investing in a property worth at least AED 10 million, having a business with a minimum capital of AED 10 million, or investing in a company with a turnover of at least AED 50 million.

Green Visas

Green Visas are long-term residency visas granted to highly skilled professionals in science, technology, engineering, and mathematics (STEM). The Visa is valid for five years and can be renewed for another five years. The Green Visa is designed to attract skilled professionals to the UAE and support the country's efforts to become a hub for innovation and technology. To be eligible for a Green Visa, a professional must meet specific criteria, such as having a PhD degree from a top-ranked university or being a holder of a prestigious award in their field.

Job Visas

Job Visas are work visas granted to foreign workers who have been offered a job in the UAE. The Visa is valid for three years and can be renewed for another three years. Job Visas are designed to attract skilled workers to the UAE and support the country's growing economy. To be eligible for a Job Visa, a worker must have a job offer from a company registered in the UAE and meet specific criteria, such as having a minimum salary of AED 10,000 per month.

Entry Permits

Entry Permits are short-term visas granted to foreign visitors who wish to enter the UAE for a short period, such as for tourism or business purposes. The Entry Permit is valid for up to 90 days and can be extended for another 90 days. Entry Permits are designed to promote tourism and business in the UAE and make it easier for foreign visitors to enter the country. To be eligible for an Entry Permit, a visitor must meet specific criteria, such as having a valid passport and a return ticket.

Conclusion

The UAE government's new regulations for Golden Visas, Green Visas, job visas, and entry permits aim to attract foreign investment and skilled professionals to the country. These new regulations offer a range of benefits to investors who invest in dubai and professionals, including long-term residency visas, work visas, and short-term entry permits. By implementing these new regulations, the UAE is positioning itself as a top destination for investment and innovation. It is well on its way to becoming a global hub for business and technology.