For the past few years, many people across the globe have been highly interested in knowing the cost of a residence visa in the UAE. Given the high-tech infrastructure, top-class facilities, technological advancements, and government support, it’s only natural for people to be attracted to the country.
So, if you’re one of those people, this blog is for you. It covers everything there is to learn about a residence visa in the UAE. But before we dive into that, let’s look at the latest updates to the UAE visa system.
What Are the Latest Updates to the UAE Visa System?
According to the UAE Federal Authority for Identity, Citizenship, Customs, and Ports Security, a few new visa changes came into effect on October 3rd, 2022. These changes in the visa system aim to attract and retain global talents and skilled workers worldwide. Moreover, under the new scheme, the government has introduced 10 types of entry visas. However, these visas fall under three main categories:
- A Golden Residence Visa (10 years)
- A Green Visa (5-year residency)
- 60-day visit visas
The new rules are as follows: cheapest residence visa in UAE
- The government introduced a five-year multi-entry tourist visa. It allows visitors to continuously stay in the nation for up to 90 days and no longer need a sponsor.
- Furthermore, a job exploration will also not require a sponsor.
- According to the new rule, a Golden Visa holder can stay outside the nation indefinitely.
- .Now, there is no cap on the number of domestic staff a Golden Visa holder can sponsor.
- According to the new rule, investors who buy a property for a minimum of 2Dh million, even with a loan from specific local banks, are now eligible for a Golden Visa.
- Under the green visa rules, parents can sponsor their sons until age 25 instead of 18.
- The UAE has now allowed longer flexible grace periods. It takes up to 6 months to stay in the UAE after the residence permit has expired.
Who Can Apply for a UAE Residence Visa?
Entrepreneurs, working professionals like teachers, doctors, and students studying in renowned UAE-based universities or institutions can apply for a residency visa. Moreover, to gain eligibility for a UAE residency visa, you must fall under the following categories:
- Working in the UAE, under a private company or a governmental office.
- Students with over 85% marks studying in a UAE educational institution.
- Dependents of a UAE citizen or foreign resident (child, parent, maid, or a close relative).
- Investments who have invested in some way or another in the UAE.
- Those who have purchased a property in the UAE.
- Those who retire in the UAE.
Documents Required for Cheapest Residence Visa in UAE
In order to apply for a residence visa, you must have the following documents:
- Completed UAE Visa Application Form.
- Original Passport (with at least 6 months validity remaining)
- Passport-Sized Photographs.
- Proof of Medical Fitness.
- UAE Health Insurance Plan.
- Company Registration Documents (For company investor visa)
In addition, there are a few more documents that you might have to submit, depending on the type of visa you apply for. Therefore, it’s best to get in touch with the legal experts at the Bizinvestfirm to get a detailed list of the required documents.
What Is the Process for Getting a UAE Residence Visa?
The application process for all types of UAE residency visas is the same, including the golden visa. Moreover, it’s straightforward to follow. Here’s an overview of the same:
- Obtain the necessary entry permit to the emirates from The Federal Authority for Identity and Citizenship (ICA) or The General Directorate of Residency and Foreigners Affairs (GDRFA).
- Register a company and get an establishment card.
- Make an Emirates ID and undergo the mandatory medical test.
- Submit all the required documents to the concerned authority, and if all seems in place, you’ll receive your residence visa. Furthermore, do not forget to pay the required fee to the government officials on receiving your visa.
- Get your visa stamped into your passport.
In addition, there are a few more steps that you need to consider and complete while applying for a UAE residence visa. But, you can get that information from the legal experts at the Bizinvestfirm.
Cheapest Residence Visa in UAE
If you’re considering living in the UAE, understanding the costs associated with residence visas is essential. Here’s a breakdown of the most affordable options available.
Cheapest Residence Visa in Dubai
- 2-Year Residence Visa in Dubai: A two-year residence visa in Dubai offers a more cost-effective solution at around AED 3,500* to AED 17,500. This longer duration is perfect for those planning to settle in Dubai for an extended period.
Get Your Residence Visa Through Bizinvestfirm
After reading this blog, we’re optimistic that you have learned all the essential information to apply for a residence visa. Moreover, you also have a fair idea of the residence visa cost in the UAE. However, to get detailed information, you can connect with legal experts.
The legal experts at the Bizinvestfirm are well-versed in the UAE residency visa process. They will guide you at every step, from gathering all the necessary documents to getting the required permission from the concerned legal departments. Moreover, they will get you the cheapest residence visa in UAE as per your needs.
So, all you need to do is give them a call, and they will take care of the rest while you manage other essential business matters.
