On October 3, new visa requirements came into effect in the UAE.
New types of residence permits and visas for entry into the UAE
They simplify the rules of entry and obtaining resident visas
Golden visa for 10 years
The new rules include a number of changes that will allow investors to:
- get a resident visa for 10 years instead of 5 years when buying real estate worth $545,000 or more;
- buy real estate on credit, which is issued by a bank approved by the UAE government;
- include in the application for a residence permit any number of domestic helpers.
Green visa for 5 years
The new visa scheme also includes the Green Visa, a 5-year residence visa for self-employed individuals, freelancers, investors or business partners, and highly skilled workers.
"Green Visa" allows its holder to reside in the UAE, as well as to sponsor dependents and first degree relatives (including unmarried sons under 25 years old) without the need for a sponsor or employer. Children with disabilities are granted a residence permit, regardless of their age.
Who can apply for a green visa
- investors and entrepreneurs who conduct commercial activities in the UAE;
- qualified professionals with an employment contract from a local company, a bachelor's degree and a monthly salary of 15,000 dirhams ($4,080)
- freelancers with a work permit from the Ministry of Manpower and an annual income of 360,000 dirhams ($98,000)
Changes in the validity period of a tourist visa
Tourist visa is now issued for 60 days instead of 30.
The multiple-entry tourist visa for 5 years appeared for the first time.
The visa allows a foreigner to stay in the UAE for up to 90 consecutive days for 180 days a year. Requirement: Proof of $4,000 in bank account within the last six months prior to application.
Special offers of real estate abroad
- € 2 250 000
- House, For sale
- ID: IT-39-99453
- Italy, Lombardia, Milan
Historic Farmhouse with Private Park in Peschiera Borromeo (Milan, Lombardy)
- € 2 150 000
- House, For sale
- ID: LV-77877
- Latvia, Jurmala and region, Bulduri
For sale luxury villa near the sea in Jurmala
- upon request
- Penthouse, For sale
- ID: CY-193-98877
- Cyprus, Limassol, Limassol Coastal road
Luxury residence for sale in Cyprus
- upon request
- Commercial apartment building, For sale
- ID: LV-143885
- Latvia, Riga, Centre
For sale Exclusive Household in the center of Riga
- upon request
- Apartment, For sale
- ID: OW-OAE-133859
- UAE, Dubai, Business Bay
Beautiful apartment in one of the top buildings by premium developer Select Group called the Edge.
- upon request
- House, For sale
- ID: LV-1529
- Latvia, Jurmala and region, Asari
Feel atmosphere of the Baltic sea resort! Private scandinavian style house for sale in Jurmala.
- € 800 000
- Apartment, For sale
- ID: LV-163935
- Latvia, Riga, Centre
Dreaming of living in a brand new premium townhouse overlooking a park with a pond in the very center of Riga?
- € 550 000
- House, For sale
- ID: ME-103-100396
- Montenegro, Budva riviera, Krimovica
Two new villas in Krimovice
- upon request
- Apartment, For sale
- ID: LV-163139
- Latvia, Jurmala and region, Bulduri
Unique apartment at the sea side in Jurmala – worse to see.