The UAE Golden Visa has been a game-changer for attracting global talent by offering 10-year residency to managers, executive directors, investors, entrepreneurs, and specialised talents.
Since its inception in 2019, the Golden Visa has positioned the UAE as a prime destination for those seeking stability and opportunity in one of the world’s most dynamic economies.
In 2024, the UAE is once again evolving its Golden Visa programme, this time with a significant update in the salary requirement. Understanding this change is crucial for professionals aspiring to make the UAE their home.
What is the new eligibility criteria for the UAE Golden Visa?
The authorities have made pivotal adjustments to the eligibility criteria for the Golden Visa, specifically targeting salaried professionals.
| Earlier eligibility criteria | New eligibility criteria |
| Total salary per month (basic + allowances) > AED 30,000 | Basic salary per month > AED 30,000 |
The new criteria also require applicants to submit an Equivalency Certificate from the UAE’s Ministry of Education (MoE), affirming that their degree is from an accredited international institute.
This move is part of the country’s broader strategy to retain and attract top talent in various sectors, aligning with its long-term vision for economic diversification and development.
How is it different from the earlier rule?
This earlier eligibility criteria meant that if you had a basic salary of AED 20,000 and allowances worth AED 10,000, then you could have been eligible for the UAE Golden Visa.
However, the thresholds of basic salary and allowances were less defined, often requiring interpretation.
The new salary requirement rule, which clearly states that the basic salary should be AED 30,000, eliminates any ambiguity or interpretation, thus making it easier and faster to process the UAE Golden Visa.
What are the documents required to get the UAE Golden Visa?
To qualify for the UAE Golden Visa under the new 2024 rules, managers and executive directors must have the following documents:
- Labour Contract showing a basic salary of at least AED 30,000 per month
- Salary certificate
- No Objection Certificate (NOC) from the employer stating that they have no objection to the employee applying for the UAE Golden Visa.
- Copy of the current visa stamps showing employment as a manager or above (at least 6 months).
- Attested degree (bachelor’s degree or higher).
- Equivalency certificate from the UAE’s Ministry of Education (MoE).
If you wish to get more clarity or want a free UAE Golden Visa consultation, reach out to us at 800-PRYPCO (800-779726).
What will be the impact of the new UAE Golden Visa rule?
By setting a clear salary threshold, the UAE is making it easier for mid-career professionals in key industries to envision a long-term future in the country.
This change is likely to attract a new wave of talent, including young professionals and specialists in high-demand fields, contributing to the UAE’s innovation and growth.
Conclusion
The UAE Golden Visa offers a golden opportunity to professionals who wish to build a prosperous future in the UAE, one of the world’s fastest-growing economies.
PRYPCO can help you secure your UAE Golden Visa within just 4 days. We take care of all the hassles while you sit back and relax.
Call us at 800-PRYPCO or email us at discovery@prypco.com to get a free consultation and exclusive discounts for UAE residents.
