Recent Policy & Legal Developments

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In recent years, the United Arab Emirates has significantly reformed its residency and investment migration framework to position itself as a magnet for global talent and high-net-worth individuals. The landmark overhaul began in 2019 with the introduction of the UAE Golden Visa program, designed to provide long-term residency options for investors, entrepreneurs, specialized professionals, and outstanding students. Since then, numerous reforms have further liberalized the framework.

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As of January 2022, the UAE Cabinet Resolution No. 56 of 2018 and its subsequent amendments under Federal Decree-Law No. 29 of 2021 expanded the eligibility scope, introducing 10-year and 5-year visa options and removing the requirement for local sponsorship. Key updates in October 2022 further clarified family sponsorship rights and relaxed golden visa eligibility criteria. Importantly, the real estate investment threshold was reduced from AED 10 million to AED 2 million (approx. USD 545,000), aligning with market realities and aiming to stimulate the property sector.

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In 2023, the UAE also launched a comprehensive digital portal through the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP), streamlining online submissions, document verification, and renewal mechanisms. Grace periods for status adjustment were introduced—providing up to 6 months for residents transitioning between visa categories.

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These legal shifts signal a clear strategic intention: to compete globally with European golden visas while remaining distinctively pro-business.

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