UAE Allows 10-year Golden Visa To Specific Categories

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UAE Allows 10-year Golden Visa To Specific
Categories
Presentation By Start Any Business
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INTRODUCTION
In order to attract bright, skilled, and talented
overseas nationals, the UAE allows a 10-year
golden visa to specific categories. The
categories include all PhD holders, engineers,
physicians in computer engineering, electronics,
electricity, programming, and biotechnology, and
graduates from the United Arab Emirates (UAE)
accredited universities. Overseas in the United
Arab Emirates (UAE) basically have renewable
visas valid for only a few years tied to
employment. In the past few years, the government
has made its visa policy more versatile,
providing longer residencies for specific kinds
of entrepreneurs, students, and
professionals. Vice President, Prime Minister and
Ruler of Dubai Sheikh Mohammed bin Rashid Al
Maktoum delivered this influential announcement
in a series of tweets. Making the announcement on
his Twitter page, he said Brothers and sisters
we approved today a decision to allow the 10 year
golden visa to residents in the following
categories all physicians, all PHD holders,
engineers in the field of electronics, computer
engineering, programming, electricity, and
biotechnology graduates from United Arab Emirates
(UAE) accredited universities who scored Grade
Point Average of 3.8 and above.
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10-YEAR GOLDEN VISA
Al-Maktoum said that the move intends to keep
talented individual and sharp minds in the Gulf
country and assist in nation-building. The
golden visa will also be allotted to holders of
specific degrees in artificial intelligence, big
data, epidemiology and virology, and United Arab
Emirates (UAE) high school top graduates with
their families, the Gulf News reported. The
decision, which was approved by the United Arab
Emirates (UAE) Cabinet, objective to attract and
retain experts and talented professionals from
many fields and scientific disciplines, the
report said. The golden card is an abiding
residency program stated by the Prime Minister
and Ruler of Dubai in May 2019. Not long after
its release, more than 400 entrepreneurs and
investors, comprising some of their families, had
already been allowed the visa, with many more
getting it each day. Initially, the golden card
was announced as a permanent residence system
however, the Foreigners Affairs and General
Directorate of Residency has since explained that
it is, in fact, an abiding, ten-year visa that
repeats. In September, the emirate of Dubai, a
Middle East trade and tourism hub, said it would
allot visas renewable every five years to
affluent overseas retirees.
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When the United Arab Emirates (UAE) has been hit
hard by the falling international oil prices and
the COVID-19 pandemic, and the move is seen as
the countrys attempt to revive its economy as
overseas nationals have been leaving the gulf
nation. The changes of 10 years golden visa will
take place beginning from 1st December 2020.
Along with this, the dynamic lifestyle and safety
that are regarded as major characteristics of
life in the United Arab Emirates (UAE), Golden
Residency holders and their families will be
provided a 10-year residency visa. The new
Golden Residency categories expand the programmer
to further motivation innovation, creativity, and
applied research, adding to the appeal of a
career in the Emirates of the globes brightest
individuals.
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