Formalities in the United Arab Emirates - Expat Magazine

Does moving overseas allow you to escape taxation in your home country forever? That's what many expatriates thought when they moved to low-tax or no-tax countries. The United Arab Emirates is a favorite expat hotspot thanks to its Golden Visa program, specifically tailored to attract a range of profiles, from the wealthiest to the most talented. However, according to experts, there are some risks they might not have considered. When it comes to property taxes, moving overseas is not enough to break the link. So, what are the limitations of Golden Visas? 

Until now, only women could benefit from a work permit sponsored by a family member. Husbands could sponsor their wives for a work permit but not the other way round. But, things are changing. As of this month, women will also be able to sponsor their husbands, fathers and adult children for a work permit. This will allow more women to find and accept jobs in the UAE and will increase the pool of workers within the UAE.

It's official. Starting this month, according to the Government Portal of the country, the United Arab Emirates are accepting applications for 10-year and 5- year residence visas. The decision was validated by the UAE Cabinet in November 2018, and honorary visas have already been assigned 20 academics who are already living and working in the UAE. The two new visa categories were set up in an attempt to attract and retain highly skilled individuals to the UAE. Entrepreneurs, investors, highly specialised talents and even outstanding students will be eligible for these 10-year and 5-year visas. But what, exactly, does it take to be able to bag yourself a long-term residency permit in the UAE? For the next five years there will need to be: