The United Arab Emirates has always been a lucrative place for Bangladeshi workers. The UAE Government have taken new economic initiatives to attract skilled foreign workers. By capitalizing on this initiative, different third-world countries can use the opportunity to export workers abroad. Besides this, the skilled professionals can migrate to the UAE. Let’s discuss the process of getting Entry Permits, Job Visa, Green Visa, and UAE Golden Visa in UAE.
What is the UAE Golden Visa?
The UAE Golden Visa is basically a long-term residency permit for foreign talents who want to work, live or study in the country for a long time. A golden visa is given for 10 years with renewable schemes. However, previously a certain category of people was eligible to apply for a golden visa. In 2022, UAE has increased the categories.
The United Arab Emirates announced the launch of this long-term visa system in 2018. After that, from 2019, investors, entrepreneurs, chief executives of various organizations, scientists, and those with excellent results in institutional studies started to be given visas for a period of 5 to 10 years.
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Who can apply for the UAE Golden Visa
From October 3, 2022, UAE is increasing the number of ten-year resident visas, which is known as Golden Visas. The list of professions that can get this visa has also been extended. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced that ten professionals would be eligible for ten-year golden visas.
Golden Visa holders can live with spouses and children. The following people can apply for a 10-year Golden Visa in the UAE.
Professionals
It is a major expansion of the Golden Visa eligibility criteria. According to the new rule, professionals from all fields can apply for a Golden Visa if they are eligible. For eligibility, the individual must contain a valid employment contract from a UAE company.
Also, their occupation level should be categorized as first or second class by the Ministry of Human Resources and Emiratisation classification. The applicant must have at least a bachelor’s degree. Also, the monthly salary should be AED 30,000.
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Real Estate Investors
If anyone has idle money in their bank, they can buy AED 2 million worth of property and apply for a Golden Visa. Also, they can take loans from local banks to buy property. In addition to that, you can get a 10 year visa by purchasing an off-plan property.
Entrepreneurs And Startup Owners
Now small and medium enterprises (SME) owners and investors can also apply for the Golden Visa. The investor will need to register the company in UAE, and the annual revenue should be at least AED 1 million. In addition, if the individual had a previous entrepreneurial project that was sold for at least AED 7 million should also be eligible.
Exceptional Talents
Emirates will give golden visas to creative people in the field of culture and art. Creative persons of culture and art must be approved by the Ministry of Culture and Knowledge Development. For exceptional talents, educational qualification, employment status, or even salary is not necessary.
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Scientists and Inventors
Researchers and scientists will also be eligible for Golden Visas who are experts in their respective fields. Scientists must be approved by the Emirates Scientists Council or the Mohammed bin Rashid Medal for Scientific Excellence.
Emirates will also be eligible for a 10 year Golden Visa. But they must have the value of patenting inventions that can have an impact on the economy of the emirate. Patents must be approved by the Emirates Ministry of Finance.
Skilled Workers
Engineers in computer, electronics, programming, electrical, active technology, AI, and big data fields will get Emirates Golden Visa too. However, skilled workers need to have a valid job contract with AED 30,000 minimum salary per month. Also, the skilled worker should have a bachelor’s degree.
Students and Graduates
The UAE will grant ten-year golden visas to highly qualified individuals. Such applications require a degree from the world’s 100 best universities.
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Humanitarian Pioneers
Humanitarian pioneers include outstanding members of associations of public benefit, international and regional organizations’ distinguished members, sponsors and volunteers of different humanitarian efforts, and award winners in humanitarian fields.
Doctors and Nurses
Emirates will also give resident visas to doctors and nurses for ten years. It will help the country deal with the pandemic and address the shortage of medical professionals. Doctors licensed with the UAE health regulatory bodies can apply for Golden Visa too. However, this year’s deadline for the doctors is finished.
Frontline Heroes
The frontline heroes include ambulance workers, nurses, and frontline staff who worked relentlessly during Covid-19 situations. Also, healthcare workers who cared for the critical Covid 19 patients also got a 10 years Emirates ID card.
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Benefits of Golden Visa in UAE
Golden Visa comes with tons of opportunities and benefits. Let’s get to know them.
- It offers multiple entries.
- It gives you a 10 year visa, which you can renew after the expiration.
- You don’t need to sponsor most of the cases. Hence, it is a self-sponsor visa.
- You can stay outside of the UAE as long as you want, and it will not revoke your Golden Visa.
- This visa allows sponsoring immediate family members such as spouses and children. Children’s age is not a matter in this case.
- You can even sponsor a domestic worker or household worker.
- Even if the primary applicant passes away, the family members and sponsored people can stay in the country.
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Application fee of the UAE Golden Visa
The application cost is not fixed as it depends on the visa category. However, the application cost will be AED 2,800 to AED 3,800, depending on the category. If you are applying outside of the UAE, the cost will be AED 3,800 to AED 4,800. In addition to that, the applicant will also need a medical examination along with Emirates ID, which will cost approximately AED 1,000. Moreover, you will also need to pay UAE health insurance, which might start from AED 800.
What is the UAE Green Visa?
After the successful launch of the Golden Visa in UAE, the green visa was introduced in 2021. Whoever under this visa is eligible to work in the country without a company sponsor. Besides, Green Visa holders can sponsor their own parents and children. But in this case, the maximum age of children can be 25 years.
Eligibility criteria of the UAE Green Visa
Along with strengthening the economy of the UAE, the government has brought several changes in the green visa to attract talented people.
Skilled Employees
As per the Green Visa, skilled employees can get a 5 year residency permit without any sponsor. However, the applicant will need a valid job contract. The minimum educational qualification is a bachelor’s degree, and the salary should be at least AED 15,000.
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Freelancers and Self-Employed
Freelancers and self-employed people can now get 5-year residency without any sponsor. However, the requirements are a minimum bachelor’s degree or equivalent diploma, freelance or self-employment permit from the Ministry of Human Resources and Emiratisation, AED 360,000 annual income, or provide documents for financial solvency.
Investor or Partner
Anyone who wants to invest in the UAE can get a 5-year Green Visa. The investor will need to invest 1 million AED. If the investor has partners in the business, the total invested capital will be taken into consideration. In addition to that, approval from local authorities is also necessary.
Remote Work Visa
The Emirates grants remote work visas to individuals who work for a company or organization outside the Emirates and have a minimum tenure of one year. In this case, you can work in any country outside the Emirates. But in this case, the candidate must have one-year contract validity and a minimum salary of $5,000. Proof of employment from a foreign employer must be submitted. The candidate does not need employment or sponsors for this visa.
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Application cost of the UAE Green Visa
UAE is yet to release the application cost for Green Visa. However, it is expected that the cost will be lower than the Golden Visa. But, the medical examination cost and health insurance is mandatory.
UAE Visas Without Job
The UAE also offers visas without jobs. In this category, the country offers retirement visas, job exploration visas, visas for divorced or widowed women and their children, and visas for humanitarian Cases.
How to Apply for the different UAE visas?
To apply your desired visa, you may visit to https://www.gdrfad.gov.ae/en/
Clicking on individual categories will give you the requirements and required documents’ information along with the steps too.
Final Words
The Bangladeshi recruitment agencies are more interested in sending unskilled workers to the UAE because it is more profitable for them. Hence, a small number of skilled professionals shows interest in the UAE job market as they need to do all the process by themselves. Besides this, residence permit renewing in UAE was another issue. Fortunately, these issues seem to be resolved as UAE is increasing Golden Visa categories based on different eligibility criteria.
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Expatriates are given the opportunity to live a better life and enjoy the best quality of life, as declared by the UAE government. The UAE government provides these facilities to expatriates without even a work visa. So far we have discussed the eligibility criteria and benefits of UAE Golden visa, and UAE Green Visa. Hopefully, this article will give you enough information to find your desired category.