Dubai: The UAE cabinet has approved the executive regulations of the federal decree law on entry and residence of foreigners aimed at strengthening the UAE position as an ideal destination to live, work, and invest.
The executive regulations provide comprehensive information on the types and conditions of entry visas and residence permits. The new system of entry and residence aims at attracting and retaining global talents and skilled workers from all over the world, and boosting the competitiveness and flexibility of the job market and fostering high sense of stability among UAE residents and families.
Golden Residence
Substantial amendments were introduced to the Golden Residence Scheme to simplify the eligibility criteria and expand the categories of beneficiaries. This long term 10-years residence is granted to investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers and the first line heroes.
The amendments allow the Golden Residence holder to sponsor his/ her family members including spouse and children regardless of their age, and to sponsor support services (domestic) laborers without limiting their number. Furthermore, there is no restriction related to the maximum duration of stay outside the UAE in order to keep the Golden Residence valid.
There are other benefits for family members that allow them to stay in the UAE in the event of the death of the original holder of the Golden Residence until the end of their permit duration.
