New UAE Golden Visa Rules- Benefits & Terms To Apply For Real Estate Investors And Business Owners

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New UAE Golden Visa Rules- Bene?ts Terms To
Apply For Real Estate Investors And Business
Owners
The United Arab Emirates- UAE's new Advanced visa
system announced new rules last month. These
rules are all set to come into effect from
October 3rd,2022. In UAE golden Visa rules and
its long-term visas, there are some changes in
permits to enter the country and stay. In April,
UAE's cabinet approved new visa rules that aim to
transform the country's residence policy and
immigration. The changes in new visa rules
include long tourist visas, an extension of
residency for professionals on green visas, and
an expansion of the 10-year golden visa scheme.
As per the new rules, the long-term visas and
golden visa bene?ts can now be extended to
immediate family members. Golden visa or Green
Residence visa holders can sponsor children
until the age of 25. This includes the expansion
of the age limit which was initially 18 years
old. Moreover, The visa has no age limit for
unmarried daughters, and children of
determination will be granted a residence permit
irrespective of age.
UAE golden Visa Eligibility Parameters To qualify
for a golden visa, the applicant needs to ful?ll
all the requirements. In case of any change in
documents or missing documents, your visa can be
rejected. There are different criteria for
different individuals such as
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Golden Visa for Real Estate Investors
Eligibility Real estate owners or investors are
eligible to apply and obtain a golden visa after
investing/purchasing a property worth 544,500
(AED 2 million).
With the changes in Rules, now real estate
investors are purchasing property with a
loan from certain local banks to obtain a Golden
Residence visa. In addition, real estate
investors can obtain golden residence when
purchasing one or more off-plan properties for
no less than 544,550 from approved real estate
companies(local).
Golden Visa for Startups and entrepreneurs
Eligibility Criteria New Golden Visa Rules have
made more ?exibility for business owners, startup
owners, and entrepreneurs. They can obtain a
visa on various eligibility grounds including

• To obtain a golden visa, entrepreneurs should own
  or partner with UAE-based
• businesses under the SMEs category. Moreover, the
  registered startups should generate revenue of
  not less than 272,250

• Entrepreneurs who are partners, co-founders, or
  the founders of Entrepreneurial projects
• sold for a minimum total of 1.9 million. In
  addition, the project should have approval from
  the ministry of economy or local competent
  authorities for the project or ideas.

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• Startup owners or entrepreneurs who have obtained
  approval from the o?cial business
• incubator for their business idea. The approval
  should also be obtained from the ministry of
  economy, or local competent authorities are
  eligible to obtain a golden visa.

Green Visa for Investors and Business
Partners The new green residence visa is started
to encourage investments. Initially, green
residence visas offered 2-year residency for
investors participating in commercial
activities. Now, it has been extended to 5-year
residency. You need approval and proof of
investment. If the partner or investor is having
more than one licence the total capital
investment will be calculated with the mandatory
approval of authorities.
The Bene?ts of Obtaining a Golden Visa for Real
Estate Investors or Businesses
The new system of golden and green residence
visas allows immediate family members to apply
for golden visas. The children can also be
sponsored up to 25 years of age. Green residence
visas allow ?rst-degree relatives and will be
valid till the original visa holder's validity.
It means if you are investing in Dubai you can
invite your family members to live in Dubai.
All the visa entries single or multiple can be
renewed and are valid for 60 days from the date
of issue.
New Business Entry Visa
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Visa and courage investors entrepreneurs and
startup owners who explore business
and investment opportunities. The entry is
enabled without any sponsor or host. UAE has made
these changes to golden visas and green residence
visas to attract more startup and business
investments in UAE. If you are looking to move to
Dubai for investment, this is your chance as
your family and children are also eligible.
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