October 4, 2022
United Arab Emirates outlines changes to short-term and long-term visa categories
The United Arab Emirates (UAE) has outlined immigration changes to the way in which individuals work and reside in the UAE. These changes, which came into effect on October 3, include the introduction of new visa categories, as well as relaxed application criteria and additional benefits under the Golden Visa scheme. The Green Visa is a new residence permit that grants holders' the right of residence in the UAE for up to five years. It is available to certain categories of applicants, who may self-sponsor their application. The introduction of new visas and changes to existing visa regulations are expected to promote economic growth, create new opportunities for foreign nationals in the UAE’s local labor market, and help employers attract top talent and reduce costs.
A Tax Alert prepared by EY's People Advisory Services group, and attached below, provides additional details.
Full text of Tax Alert