UAE announces new visa, residence scheme to attract global talent

UAE announces new visa, residence scheme to attract global talent

The new Entry and Residence Scheme also offers 10 types of entry visas

AgenciesUpdated: Tuesday, April 19, 2022, 04:17 PM IST
article-image
The new visas require no host or sponsor, offer more flexibility, multi-entry, 60-day validity, and one unified platform for applications./ Representative image |

The UAE had adopted a new liberalised Entry and Residence Scheme, including new categories and expanding the scope of beneficiaries.

The initiative is aimed at supporting the country's competitiveness in the tourism, economic and educational sectors.

Aiming at attracting and retaining global talent, the UAE has updated the Golden Residence rules as a part of the new Entry and Residence Scheme. The scope of beneficiaries has been expanded to offer more benefits, including 10 years of renewable residence.

The new Entry and Residence Scheme also offers 10 types of entry visas with simplified requirements and more benefits. The new visas require no host or sponsor, offer more flexibility, multi-entry, 60-day validity, and one unified platform for applications.

The new system for residence visas and entry permits offers new types of residence permits for investors, skilled employees, self-employed individuals and family members. The new visa types provide customised benefits to each category.

(With inputs from IANS)

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

FDI inflow into India hit by high interest and geopolitical tensions

FDI inflow into India hit by high interest and geopolitical tensions

Income Tax department notifies scheme for online filing and processing of appeals

Income Tax department notifies scheme for online filing and processing of appeals

Earnings Q4 2023 LIVE: Adani Ports clocks Rs 191.85 cr profit, Patanjali Foods' net profit rises to...

Earnings Q4 2023 LIVE: Adani Ports clocks Rs 191.85 cr profit, Patanjali Foods' net profit rises to...

As another markdown hits Byju's valuation, a look at startups on the same boat

As another markdown hits Byju's valuation, a look at startups on the same boat

Investor BlackRock slashes Byju's fair value by 62% to $8.4 billion

Investor BlackRock slashes Byju's fair value by 62% to $8.4 billion