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Minimum Salary For UAE Golden Visa

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News October 2, 2024 2 Min

New UAE Golden Visa Salary Requirement Affects New Applicants and Current Golden Visa Holders

The United Arab Emirates has implemented a significant change to its Golden Visa salary requirement, raising it for eligible professionals. Under the new rules, applicants must now earn a basic monthly salary of at least 30,000 dirhams (approximately $8,170) to qualify for the long-term residency visa.

This adjustment marks a shift from the previous criteria, which considered the applicant's gross salary including allowances. The new requirement focuses solely on the basic salary, excluding additional compensations such as housing and transportation allowances that are common in UAE remuneration packages.

Media and government sources have confirmed this change, noting that it applies to UAE-based professionals seeking the 10-year residency permit. The move is seen as part of the UAE's strategy to attract and retain highly skilled and affluent individuals who can contribute significantly to the country's economy.

The Golden Visa program, launched in 2022, aims to draw top talent from around the world in fields such as medicine, sciences, engineering, information technology, business, education, law, and culture. While the program has been successful in attracting skilled professionals, this latest change may present challenges for some current and prospective applicants.

What Are the New Criteria for Professional Applicants to Keep the New UAE Golden Visa Minimum Requirements?

The new criteria could affect both new applicants and current Golden Visa holders seeking renewal. We advise that individuals who may not meet the new salary threshold explore alternative routes to obtain or maintain their long-term residency, such as seeking nominations from government authorities for exceptional skills or talents.

To qualify for the Golden Visa, applicants must also meet other requirements, including:

  • Holding a valid employment contract and labor permit
  • Occupying a first or second professional level according to the Ministry of Human Resources and Emiratisation
  • Possessing at least a bachelor's degree or equivalent
  • Holding a professional practice permit for certain positions (e.g., physicians, pharmacists, teachers)
  • Having medical insurance for themselves and their household members

As the UAE continues to refine its immigration policies, the impact of this change on the country's ability to attract and retain diverse talent remains to be seen. The government's focus on high-earning professionals underscores its commitment to economic growth and development through selective immigration.


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