If you are currently employed by a mainland Dubai-based company and intend to purchase a house to qualify for the UAE Golden Visa, you might be curious about the status of your employment visa.
A foreigner on a work visa in Dubai can switch to a UAE Golden Visa, provided they meet certain eligibility criteria. The UAE Golden Visa is a long-term residency visa aimed at attracting talented individuals, investors, entrepreneurs, and highly skilled professionals. It offers a renewable residency of 5 or 10 years, depending on the category.
To transition from a work visa to a Golden Visa, the applicant must typically fulfill specific requirements based on their category. These categories include investors in public investments or real estate, entrepreneurs, specialized talents and researchers in various fields of science and knowledge, and outstanding students. For example, investors might need to demonstrate a minimum investment amount in the UAE, while specialized talents may need to show significant contributions to their field, supported by recognized achievements and professional endorsements.
Transitioning from an Employment Visa to a UAE Golden Visa
- Eligibility and Requirements:
As a Golden Visa holder, you remain eligible to work in the UAE. According to Article 7 of the Employment Law and Article 6(1)(j) of Cabinet Resolution No. 1 of 2022, a work permit can be issued to an establishment registered with the Ministry that wishes to employ an employee holding a Golden Visa. This means that holding a Golden Visa does not disqualify you from taking up employment.
- Property Investment: To qualify for the UAE Golden Visa through real estate investment, you must purchase property worth at least AED 2 million. The investment should be in freehold properties.
- Application Process: Once you meet the investment criteria, you can apply for the Golden Visa through the Dubai Land Department or other designated channels.
- Impact on Your Employment Visa:
- No Immediate Cancellation: Obtaining a UAE Golden Visa does not immediately cancel your existing employment visa. You can hold both visas simultaneously during the transition period.
- Sponsorship Transfer: Once your Golden Visa is approved, you no longer need your employer to sponsor your residency. You will be under the sponsorship of the UAE government, which offers greater independence.
Cancellation of Work Permit
The process of canceling a work permit involves multiple steps. You need to submit an application for the cancellation through the Ministry’s designated channels. This requires providing all necessary information and documents, paying any applicable fines, and confirming that the employee has received all due entitlements. Completing this procedure is crucial for legally and efficiently transitioning your employment status.
Requirements for New Work Permit
To obtain a work permit as a Golden Visa holder, you will need to provide the following documents and complete these steps:
- Photograph: A clear, colored photo with a white background.
- Valid Passport and Residency Visa: A copy of your valid passport (valid for at least six months) and a copy of your valid Golden Visa.
- Employment Contract: An approved employment contract issued by the Ministry, signed by both you and your employer.
- Academic Certificates: Certificates attested by the Ministry of Foreign Affairs and International Cooperation.
- For skill levels 1 and 2: A Bachelor’s Degree or higher.
- For skill levels 3 and 4: A Diploma or higher.
- For skill level 5: A high school certificate.
- Professional License: If applicable, a professional license issued by the relevant authority (e.g., for doctors, nurses, teachers, fitness trainers, advocates).