In 2019 the UAE overhauled its residency process in one of the biggest shake-ups of the country’s immigration policy in years and the Golden Visa – a pass to a decade-long residency – is one of the biggest reforms for residents.
When it was first announced, the Golden Visa was only given to residents who have made outstanding contributions to the UAE or have a certain set of skills in certain fields.
But three years later, researchers, businessmen, medical professionals, artists, homeowners, as well as high-achieving students and their families have benefitted from the initiative.
The long-term residency visa – intended to encourage exceptional workers and foreign investors to establish deeper roots in the country – has given many residents who consider the UAE a home long-term security to stay in the counrty.
UAE authorities have now updated the entry permit fees for those who are applying for the country's 10-year Golden Visa.
The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has revised the cost of the six-month entry permit to Dh1,250, according to a report published in Arabic daily Al Khaleej.
The Dh1,250 charge includes a Dh1,000 issuance fee; Dh100 application fee; Dh100 for smart services; Dh28 for electronic services; and Dh22 for ICP says, the authority said.
Among those eligible for long-term residency in the UAE are investors; entrepreneurs; top talents; scholars and specialists; outstanding high school graduates; graduates of accredited universities; frontline heroes.
KT explains who qualifies for the UAE Golden Visa, how to apply, how much it costs and how long it will take to get a response
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