On October 3, the United Arab Emirates (UAE) government will launch a new green visa programme called Green Residency Visa. For those who will be self-supporting throughout their five years of residency in the United Arab Emirates (UAE), the Green Residence Visa is an option. If you don’t know much about this new visa, then dont worry. We are here to guide you. First, let’s learn more about UAE’s new green residency visa.
For Whom Are These UAE’s New Green Residency Visa Beneficial?
Since Monday, October 3, people who cannot apply for residence via an employer or sponsor will have the five-year Green Residence visa as an alternative to gain entry to the country. This visa attracts qualified professionals, entrepreneurs, investors, and freelancers. Eligibility is determined by pay and qualifications. However, this is an excellent opportunity for well-established independent contractors and company owners.
Green card holders may stay in the country for six months after their visa is revoked or expires. Moreover, it also provides their immediate family members the same advantages they enjoy for five years.
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Who is Eligible for This New Green Residency Visa?
1. Criteria for Freelancers
You must have a degree and an annual income of Dhs 360,000 to be eligible to apply for a freelance/self-employment permit via the Ministry of Human Resources and Emiratization (MOHRE).
2. Criteria For Skilled Employees
Instead of utilising your employer’s five-year visa, you must have a valid work contract with a minimum salary of Dhs15,000 if you apply for your five-year visa (per month). According to the MOHRE, your work visa should be classified as a first, second, or third occupational level. You’ll also need a degree or something like that.
3. Criteria for Investors
A five-year investor or partner visa requires official authorisation from the government and evidence of the investment. Additionally, if you have numerous licences, they will consider the amount of money you invested.
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First Published: September 07, 2022 7:02 PM