22 Sep Green residency New laws regarding residency for expatriates
presented by the United Arab Emirates, In the past year long-term residence visas for different categories of the population, Including investors, entrepreneurs and specialized talents.
The country later revealed the ” golden visa “, According to which specialists can obtain a permanent entry visa to the United Arab Emirates for a period of ten years. and then , In this week , Green visa introduced. Which allows highly skilled individuals to sponsor themselves without being tied to a specific employer. The government also announced the creation of a new “self-employment visa” earlier this week.
The new visa system allows UAE residents and foreigners and their families who want to work, live and study in the UAE to obtain long-term residency without the need for an Emirati sponsor.
Read on to learn more about green residency with mastering…
What is green residency and what benefits does it offer?
The United Arab Emirates introduced a new residency system, green residence, Which will not link work permits and residence visas. It targets highly skilled individuals, investors, entrepreneurs, senior students and alumni. It will also ease visa restrictions for the self-employed, widowed and separated.
Where Dr. Thani Al-Zeyoudi announced, Minister of State for Foreign Trade, that individuals with green visas will have more independence, They can also sponsor parents and children up to 25 years old instead of 18 years old. According to the statement of Dr. Thani Al-Zeyoudi, Minister of State for Foreign Trade.
Dr. Al-Zeyoudi was among the senior ministers who made a series of statements about the first batch of 50 initiatives launched by the UAE to celebrate its fiftieth anniversary and drive further growth of the country’s economy and social system.
He also added that green visa holders will be given a grace period of 90-180 days once their visas expire. Unlike the current 30-day grace period system, out of the country.
Previously, there was a link between the residence status of expatriates to the UAE and their employment. Employers were considered sponsors of expatriates, and if the worker lost his job, he was forced to leave the country or look for a new job in order to stay in the UAE within one month.
Furthermore it, Previously, a parent could apply for a residence visa for his daughter to get married, However, children could only be sponsored until the age of 18.
Green visas allow The bearer can rely on himself and will not be linked to any companies and can sponsor parents and children up to 25 years old instead of 18 years old, according to Al-Zeyoudi’s statements to reporters.
Self-employment visas will be granted to independent business owners or self-employed individuals.
Dr. Al-Zeyoudi also explained: “The self-employed will have dedicated visas… so as to attract experts, retirees and specialists to certain sectors.”
He also announced that green residency will be open to most categories of residents. “The green visa system will be open to most groups – investors , entrepreneurs [those who run small and medium-sized businesses, talented people, scientists]
He confirmed that details including the duration of the visa will be announced soon. No details on salary or investment requirements to be eligible for a green visa were announced on Sunday.
When asked about the distinction between green and gold visas, The minister emphasized that each complements the other.
It’s a complete package – tourist visas, green visas, and golden visas. The freelance work visa is part of the green visas. Each column will have different categories. These details will be announced soon.”
When asked about the inability of some golden visa holders to sponsor their parents, Dr. Al-Zeyoudi explained that. These details will be modified to be the same as a green visa. Where the amendment will be applied to the entire residence system.
He emphasized that the new amendments are only a continuation of the changes the country has already made to its residency laws which include temporary work visas for students over 15 years of age and one-year visas for widows after the death of their husbands who were their sponsors.
The United Arab Emirates has not yet announced the procedures for applying for a green visa.
Itqan experts will explain and discuss all procedures for applying for a green visa once it is issued. Until then, you can contact us to inquire about everything related to visas and company establishment.
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