Last Updated on August 15, 2024 by Vadim
The United Arab Emirates has recently updated its Golden Visa requirements, introducing a significant change that affects many professionals seeking long-term residency in the country. This article delves into the details of the new salary threshold and its implications for expatriates in the UAE.
Key Changes in Golden Visa Eligibility
Immigration experts have confirmed that UAE-based professionals applying for the Golden Visa now need to meet a basic monthly salary requirement of Dh30,000. This marks a shift from the previous criteria, which considered the total compensation package including allowances.
What’s New:
- Basic salary of Dh30,000 per month required
- Allowances excluded from salary calculation
- Stricter eligibility criteria for skilled professionals
Impact on Applicants
The revised requirements have raised the bar for Golden Visa eligibility, potentially affecting:
- Current applicants in the pre-approval stage
- Existing Golden Visa holders looking to renew
- Professionals whose total package meets Dh30,000 but basic salary doesn’t
Expert Insights
Nofisatu Mojidi, senior manager at Fragomen‘s Dubai office, notes:
“The salary requirements for the UAE Golden Visa have indeed changed. Previously, under the ‘Scientists & Specialists’ pathway, applicants needed a minimum gross salary of Dh30,000 per month, including allowances. Now, the requirement has shifted to a basic salary of Dh30,000 per month, excluding any allowances.”
Firosekhan, operation manager at Arabian Business Centre, adds that certain professions and designations may find it easier to obtain the visa:
- Managers and directors
- Engineers
- Doctors
Additional Requirements
Beyond the salary threshold, eligible professionals must also:
- Have a valid employment contract
- Possess a labor permit
- Be classified in the first or second professional level by MoHRE
- Hold at least a bachelor’s degree in their field
- Have a professional practice permit (for roles like physicians, pharmacists, or teachers)
- Maintain comprehensive health insurance for themselves and family members
Looking Ahead
As the UAE continues to refine its immigration policies, professionals seeking long-term residency should stay informed about these changes. While the new requirements may present challenges for some, they reflect the UAE’s commitment to attracting highly skilled and well-compensated talent to contribute to its growing economy.
For those affected by these changes, exploring alternative pathways to the Golden Visa, such as seeking nominations from government authorities for individuals with unique skills, may be worth considering.
Stay tuned for further updates on UAE immigration policies and their impact on expatriate professionals.
Vadim Kouznetsov is a distinguished entrepreneur and the visionary founder and CEO of JobXDubai.com, the UAE’s rapidly expanding job board. Renowned for his expertise in bridging the gap between job seekers and employment opportunities, Vadim has become a leading authority in the recruitment and job market of Dubai.
His innovative approach to matching candidates with their ideal roles has propelled JobXDubai.com to the forefront of the industry, making a significant impact on the region’s employment landscape.
Through his work, Vadim Kouznetsov has demonstrated a profound commitment to enhancing the job search experience, solidifying his status as a pivotal figure in the field of recruitment.