FER provides strategic tax planning that allows businesses to optimise exemptions on income such as dividends and profits from foreign branches
kt network9 hours ago
[Editor’s Note: The UAE’s new visa scheme — which includes sweeping changes to the country’s entry and residence system — is expected to come into force today, October 3. This explainer on the benefits for families first appeared in August, in preparation for the system's roll-out.]
The UAE has amended its laws, including those related to family visas, to make the country more attractive to skilled expatriates.
According to details announced by the UAE Cabinet earlier, more benefits are offered to facilitate family members’ residence. After residence permits are cancelled or expired, residents will get “longer flexible grace periods that reach up to six months” to stay in the country. It’s not immediately clear if this applies to all residence types.
Here are the key changes to note for you to sponsor your family in the UAE:
The new UAE visa rules allow parents to sponsor their sons till the age of 25, unlike 18 years earlier. While unmarried daughters can be sponsored for an indefinite period and disabled children get a special permit.
Under the five-year Green Visa for Investors, which doesn’t require a sponsor or employer, the individual can bring the family for five years now as compared to two years under the previous rule. Green Visa is applicable for skilled workers, self-employed and freelancers etc.
Other requirements include Bachelor’s degree or equivalent in a specified field and a salary not less than Dh15,000. Green Visa holders can sponsor first-degree relatives also. Children of determination are granted a residence permit regardless of age.
The 10-year visa holder can sponsor his/her family members without age restrictions. Also, the number of years they and their families can stay outside the UAE to keep the validity of the visa has been removed.
In the event of the death of the Golden Visa sponsor, family members can stay in the UAE till the end of their residency permit. They can also sponsor domestic workers without any limits.
Golden Visa can be obtained by scientists, entrepreneurs, exceptionally-talented people, frontline heroes, top students and investors who purchased Dh2 million-plus worth of property.
A residence permit will be issued for a female resident whose husband passed away and she has a child or more. It will also applicable to the parents of children of UAE citizens who hold foreign passports.
ALSO READ:
waheedabbas@khaleejtimes.com
FER provides strategic tax planning that allows businesses to optimise exemptions on income such as dividends and profits from foreign branches
kt network9 hours ago
It was City's most lopsided loss in their history at Etihad, and their three consecutive league losses are also a first during Guardiola's eight-plus seasons as boss
football9 hours ago
With this victory, the team has qualified to participate in the Handball World Championship next January
sports11 hours ago
'I met women barely surviving, eating one meal of boiled leaves a day,' said the aid agency chief
africa12 hours ago
Leaders Liverpool travel to bottom-of-the-table Southampton on Sunday
football12 hours ago
Drivers were also advised to follow reduced speed limits displayed on electronic information boards
weather12 hours ago
The UAE is likely to host India's matches because of its proximity to Pakistan
cricket13 hours ago
Netanyahu's office said the person was an envoy of Chabad, an Orthodox Jewish organisation with chapters around the world
mena13 hours ago