New visa policy in UAE: Will it benefit Indians?

Under the new visa rules brought in under the change in the country's immigration policy, long-stay visas for tourists and long-stay visas for professionals have been provided.

A new ten-year Golden Visa scheme has been introduced for entrepreneurs, investors and professionals.

These changed rules of uae are very important for India.

Because a large number of indian professionals and workers work there.

There are over 34 lakh indians in the UAE.

Majority of them are from kerala state.

Have gone there for work and business.

They will get maximum benefit of Green Visa.

This is seen as the biggest change in the UAE's policy decisions in recent years.

The uae government said the new policy has been introduced to attract more investors, tourists and professionals to the country.

A large number of indian tourists visit there every year.

Now let us know what are the highlights of the new visa policy and how they will benefit uae and India.

Immigrants can stay there for up to five years on the basis of a green visa.

It can also be updated.

This will be a self sponsored visa.

This means that the uae citizen does not need to sponsor the visitor's visa.

Freelancers, self-employed, skilled workers, investors or their associates are eligible for this visa.

Green visa holders get more benefits.

They can keep their spouse, children and close relatives with them during their stay there.

Parents can keep their children with them till the age of 25 years.

Earlier this age was 18. This age limit does not apply to unmarried daughter or disabled children.

A green visa holder also gets an additional six months grace period at the end of the stay.

Foreign entrepreneurs, researchers, medical professionals investing in uae in science and related fields.

Golden visa is given to working professionals, highly skilled students and graduates.

The Golden Visa Scheme was implemented in 2020 to attract top talent to the UAE.

The duration of the visa granted under the Golden Visa scheme is up to ten years.

Golden Visa holders enjoy many benefits.

Under this one gets hundred percent ownership in his business.

Earlier, the right of residence of a person living outside the country for more than six months was cancelled.

But this restriction has been lifted in the ten-year Golden Visa scheme.

The limit on the number of migrant domestic helpers under the scheme has also been removed.

Under the new scheme, golden visa holders can sponsor their spouse and any minor children.

Even if the golden visa holder passes away, his family members can remain there until the visa period expires.

Under the Golden Visa, professionals from science-engineering, medicine, information technology, business, administration and education-related fields are allowed to reside in the UAE.

Previously, such professionals had to earn more than 50 thousand AED (Dirham) or about 11 lakh rupees per month to live there, but now it has been reduced to 30 thousand AED (about 6.6 lakh rupees).

Visitors to the uae on a tourist visa can now stay for an additional 60 days.

Earlier this period was 30 days.

Apart from this, a flexible multi-entry tourist visa has also been introduced.

The tourist can stay there for up to 90 days and during this time he can leave the country as many times as he wants.

A large number of tourists visit the United Arab Emirates.

Dubai, the city of uae, is a major international shopping destination.

Under the new visa policy, sponsors or hosts are not required for those traveling there for work.

Professionals falling under the first, second and third categories as decided by the Ministry of Human Resource Development and fresh graduates from the world's top 500 universities can apply for work visas.

34 lakh people of india live in UAE.

And it is the largest expatriate community there.

According to the indian Ministry of External Affairs, the uae has invested between 1700 and 1800 million dollars in India.

Of this, 11.6 billion dollars is in the form of foreign direct investment.

The rest is portfolio investment.

The ninth largest foreign direct investment in india is the United Arab Emirates.

Investments by indian companies in the uae have also increased.

Investment by indian companies in the uae is estimated to be worth $85 billion.

2018 figures from the uae Central bank indicate that indians working in dubai remitted $17.56 billion to the country.