Are you interested in relocating to the UAE? The UAE offers unmatched privileges for expatriates and investors to establish their entities or seek employment opportunities. It has a dynamic business landscape for earning passive income, a growing economy to expand the business, and a diverse culture. Whether you are an investor, a business entity, or a specialized professional, you can acquire the best residency option with multiple benefits.
Suppose you are looking to acquire a UAE residency visa and leverage its prosperous landscape, you must learn the various type of residence visa in UAE and that help you to choose the one that fits your budget requirements and lets you accomplish your goals.
UAE Residency Visa Categories and Duration
The UAE offers multiple visa categories and durations for different situations and various requirements. Below are the most frequently used visa categories for residency;
- Ten-year residency visa in the UAE.
- Five-year residency visa in the UAE.
- UAE Residency Visa for Retirees.
- Job Residency Visa in the UAE.
- Student Residency Visa in the UAE.
- Remote Work Residency Visa in the UAE.
Every visa category has distinctive benefits, duration, requirements, and costs according to the circumstances and legal authorities in the UAE. For example, UAE Free Zone and Mainland residency visas have distinctive legal authorities and requirements for each visa type. Beyond Free Zone and Mainland, other UAE visa types cater to diverse needs and circumstances..
UAE Residency Visa for Ten Years
This resident visa is also known as the Golden Visa, a prestigious visa for expatriates. However, this visa requires specific conditions and investment, and the individuals must fulfill the requirements to acquire this visa category. This visa is valid for ten years and will be renewed continuously. See the criteria and prerequisites below.
Requirements for a Ten-Year Residency Visa:
- A UAE investment of at least AED ten million and kept for at least three years.
- Being the owner of a firm in the UAE with a capital of at least AED ten million.
- Partnering with a UAE-based firm with a share worth at least AED ten million.
- Invest at least AED ten million, and sixty percent of the total investments should be in the business sector.
- The loan can’t be adjusted as an investment.
Guidelines for a Ten-Year UAE Residency Visa:
Here are the rules for getting a ten-year UAE residency visa:
- You must complete certain requirements dependent on your visa category:
- Investors need to invest at least two million AED into property or a business established in the UAE.
- Business owners must have ownership or be a partner in an officially registered UAE firm.
- Creators, physicians, researchers, and other specialists who have a reference or authorization letter from the right government agency are considered capable.
- College students with an excellent GPA from a top institution and high school pupils with good grades.
Leveraging the Perks of a Ten-Year Residency Visa:
Listed below are some valuable perks of the ten-year UAE resident visa:
- It gives you and your family a stable future, allowing you to stay for ten years and renew your residency without a regional sponsor.
- This type of visa holder is exempt from personal income tax, taxes on capital gains, or tax on inheritances.
- Visa holders can sponsor their dependents and multiple household workers.
- The visa lets you travel outside the UAE for longer than six months without losing your residency.
- Investors and businessmen can get complete ownership of enterprises in different sectors.
Validity of a Ten-Year Residency Visa:
The UAE ten-year resident visa is a long-term, renewable permit. It doesn’t have the six-month re-entry rule that ordinary visas have. Thus, visa holders can stay outside the UAE for a long time.
UAE Residency Visa for Five Years
The five-year residency option is the investor visa in Dubai for international investors. They need to invest a certain amount in purchasing a UAE property to acquire this visa. However, they must hold the investment for at least three years to continue. This visa is renewable after five years with a certain fee.
Requirements for a Five-Year Residency Visa:
- The funds that are invested should not constitute a loan.
- The property must be held for three years.
- The property’s overall worth should not be less than AED five million.
Required Papers for the Five-Year Visa:
This type of residence visa in the UAE requires a previous visa, a valid passport copy, a recent picture, an asset’s sale deed, a moral conduct certificate from the home country, the last six months’ bank statement, copies of utility bills, and valid health insurance.
Guidelines for a Five-Year Residency Visa:
The UAE’s five-year residency visa is beneficial for competent workers, freelancers, and investors for five years. It lets you sponsor yourself without an employer and gives you a six-month grace period after the expiry date.
Validity of a Five-Year Residency Visa:
The UAE five-year residency visa is a renewable permit that lasts for five years. It gives you more freedom and flexibility. You can stay in the UAE for up to six months after the visa expiry date.
Leveraging the Perks of a Five-Year Residency Visa:
The UAE five-year residency visa lets you sponsor your family, and you don’t require an employer. It gives a long grace period, more stability, and independence.
UAE Residency Visa for Retired Individuals
Retired individuals over the age of fifty-five can acquire this visa category to reside in the Emirates. It’s a renewable visa and valid for five years. However, these types of resident visas in the UAE have specific requirements, restrictions, complex procedures, and various conditions for approval.
The retired individual applying must have an investment in a real estate property valued at AED two million.
The candidate must have funds of AED one million or greater.
The applicant can combine property ownership with savings in the UAE of at least AED two million.
Documents Required for Retirement Residency Visa:
Applicants must provide the following copies of their passports (applicants and dependents, if applicable), Marriage certificate (applicants are spouses), Current UAE residence visa, and Emirates ID card.
Documents for Property and Savings:
Title deed copies, bank statement, retirement letter, and proof of savings with UAE letter.
Documents for Fixed Income:
Retirement letter, proof of income, and a bank statement for the previous six months.
Guidelines for Residency Visa for Retirees
To get a five-year UAE retirement visa, you must be at least fifty-five years old. You must own property worth AED one million or more, and have funds of AED one million or more.
Validity and Duration for Retirees’ Residency Visa:
People aged 55 and older can get a UAE retirement visa that lasts for five years. It can be renewed as long as the retiree still meets the eligibility requirements. It gives them long-term stability and security with advanced facilities.
Perks of Retirees’ Residency Visa:
The UAE retirement visa has numerous benefits, such as tax breaks, world-class medical care, and being able to sponsor family members. It gives retirees a safe, long-term place to live.
UAE Employment Residency Visa
Workers and laborers in UAE industries and organizations can acquire this residency visa. This residency visa enables people to reside and work in the UAE with legal authorization. Its validity is two to three years, depending on the jurisdictions in the UAE.
Employment Residency Visa Employer Sponsorship
The individual’s company will be a sponsor, allowing them to acquire this residency visa. The sponsor can be a public or private entity or a government organization with the facility.
Documents Required for Employment Residency Visa
The organization and employees are needed to provide the following documents:
For Mainland company employers;
The company required a trade license, a business immigration card, and a business labor card for this visa.
For employee:
The employees required their passports, recent photos (white background), educational certificates, medical test reports, and Health Insurance.
For a free zone company employer:
The company required an online visa application, trade License, immigration card for business, and office lease agreement for this employee’s residency visa.
For employee:
Workers require their passports, recent photos, copies of appointment letters, educational certificates, medical reports, and Health Insurance.
Guidelines for Employees’ Residency Visa
The employer is the sponsor for the worker’s residency visa in the UAE. The visa procedures involve a medical assessment and an Emirates identification application. It is an obligatory requirement that lets foreigners live and work in the UAE.
Validity for Employees’ Residency Visa:
Most of the time, a normal UAE employee resident visa lasts for two years. Some free zones issue renewable visas that last for three years.
Employees’ Residency Visa Benefits:
With an employee residency visa in the UAE, you can have a tax-free income, premium medical services, and the opportunity to sponsor family members. It gives you a safe environment to live and find the best professional prospects.
UAE Student Residency Visa
Students interested in applying to colleges and universities in the UAE can obtain a student residence visa. This visa is valid for one year; the student must apply for renewal based on a yearly schedule until the student’s learning process is complete.
Documents Required for Student Residency Visa
The required documents to obtain this type of visa are a passport copy (validity of at least six months), a current photo, visa and tuition fees invoices, a current visa copy, and an admission letter copy.
Guidelines for Students’ Residency Visa
The university usually pays for the student’s residency visa in the UAE. This renewable visa lasts for one year. Students need to submit a letter of approval and proof of financial stability.
Validity for Students’ Residency Visa:
A student residency visa is a renewable visa usually lasting one year. Students must continue to be enrolled in their program for the visa renewal criteria.
Students’ Residency Visa Benefits:
A student visa lets you live legitimately in the country, use banking and other services, and work part-time legally. It gives you a proper approach to stay in the country for a long time and a path to a prosperous future.
UAE Remote Work Residency Visa:
If you already work remotely in a UAE company and are interested in living in Dubai, you may take advantage of this opportunity. Dubai’s government provides the Remote Working Visa, which allows you to reside in the kingdom and enjoy its gorgeous living environment. It is valid for one year and renewable.
Documents Required for Remote Workers’ Residency Visa
The remote workers required a valid passport for six months, health insurance with UAE coverage validity, evidence of employment from the current employer with a contract of at least one year of validity, proof of a minimum five thousand USD monthly income, a pay slip for the last month, and bank statements for three consecutive months.
Documents Required for Remote Work Business Owners’ Residency Visa
- A proof of ownership of your firm for at least one year.
- A document proving that your typical monthly income is five thousand USD.
- Bank statements for three months.
Guidelines for Remote Workers’ Residency Visa
The UAE remote worker residency visa, or virtual work visa, is the authorization for professionals who work virtually for UAE organizations. To get this visa, individuals must have a job and earn a specified amount of revenue per month.
Validity for Remote Workers’ Residency Visa
The UAE remote worker visa is a renewable visa that lasts for one year. It provides virtual workers with legitimate residency. It is a reliable and safe choice for digital nomads and remote workers.
Remote Workers’ Residency Visa Benefits:
The UAE remote worker visa allows you to sponsor family members, get a tax-free income, and get high-quality medical services. It gives digital nomads and professionals an authorized opportunity to live and work in the country while enjoying all the advanced facilities available to residents.
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Conclusion
The UAE has multiple resident visas that are appropriate for different ways of living and employment opportunities. Professionals searching for a job visa, a remote worker visa, or a retirement visa in the UAE must understand the facts about residency requirements criteria. It’s crucial to be familiar with the rules and benefits of each one before you make a choice.
FAQs
What does it mean to have a residential visa in the UAE?
A residential visa is a document that lets a foreigner remain in the UAE for a certain reason with a specific period, such as work, investment, or family sponsorship.
How many kinds of UAE residency visas are available?
The UAE has different types of residency visas, such as job, family, student, investment, retirement, and remote employment visas. Each group has its own rules and time limits.
How can I find out what kind of visa I have in the UAE?
Official government sources can help you find out what kind of visa you have and how long it is valid for. You may check it online through the government authority website or smartphone application by entering your information.
What is the least expensive resident visa in the UAE?
The price of a resident visa depends on the kind and the sponsor. A remote worker or freelance visa is typically seen to be one of the more affordable choices. It lets you sponsor yourself without an employer.
How long does a UAE residency visa last?
The kind of UAE residency visa you have will determine how long it lasts. Usually, these sponsored renewable visas for employees or family members last for one to three years.
