Executives with a monthly salary of Dh30,000 and above are also eligible for the long-term visa.
The General Directorate of Residency and Foreigners Affairs, Dubai, on Tuesday shared details about the recently announced 10-year Gold Card residency scheme.
Here are the key takeaways:
- 400 expats, including business leaders, have received the Gold Card since the permanent residency was introduced last month.
- At the end of 10 years, the Gold Card has to be renewed. The applicant has to undergo medical tests and have a valid medical insurance.
- The visa is valid as long as all terms and conditions are met. If the recipient’s business falters in the future, the Gold Card visa will be reviewed on a “case-to-case” basis.
- Gold Card visa holders can freely come in and out of the country at their will.
- They can remain out of the country for as long as they want. The stipulation that residence visa holders cannot be outside the UAE for a period longer than six consecutive months does not apply to them.
- Aside from the Gold Card, there are also other categories of long-term visa with shorter periods of validity.
- Doctors, investors, specialists and students (those with a grade of 95 per cent and above in general secondary and university students with a grade of 3.75 and above) are eligible for long-term visa.
- Executive managers with a monthly salary of Dh30,000 and above are also eligible for the long-term visa.