The government of the United Arab Emirates has recently introduced and implemented new changes for entry to the UAE and entry visas for foreign professionals or aspirants. You must have heard about the recent developments in the UAE Green Visa, which must have been an effort to ease the processing of entry in the UAE.
This has eventually raised the facts about how ideal life would become for entrepreneurs and those willing to pick UAE as their working location. However, some new rules have been associated with this new UAE Green Visa that you must know beforehand.
Purpose of UAE Green Visa
Hundreds of thousands of people around the world want to live in the UAE. But all of them must follow the legal documentation in order to do so. And out of all the requirements, the most important one has a visa application that will precisely allow you to live in the country. And for this, there are several types of visas that you can choose from and decide your status to live in the UAE from.
And out of all the visas, the UAE Green Visa is one of its kind that is newly introduced and the one that offers you the legal status to stay in the country for 5 years. The initial purpose of this UAE Green Visa is to allow the people to stay for a longer period of time and make a better living for themselves. From skilled individuals to big-scale investors, students to graduates, businessmen to entrepreneurs, and even recognized universities – this visa reform offers more to the people. Hence, the benefits and flexible requirements are great for people willing to work or stay in the UAE.
Moreover, the incentivizing scheme that this visa offers is beyond mere understanding. This also allows the visa holders to obtain family members’ residence for a flexible period in the country. Thus, it simplifies the overall residence visa schemes and provides better opportunities to people.
Similar Visas to UAE Green Visa
When understanding the UAE Green Visa, the best law firm in Dubai, there are two more similar kinds of visas that describe and help you understand the visa categories more aptly;
The first is The Golden Visa, which allows the visa holders to stay in the United Arab Emirates for 10 years, while the Green Visa only allows staying for 5 years.
The other is the Freelancer visa, which helps individuals come and work in the UAE. However, the renewals for this visa are more frequent.
The New Changes in UAE Green Visa
The government of the UAE announced a new entry system that is related to visas for the people in UAE. The reason for the changes in the UAE Green Visa offers tons of benefits to foreigners or expats planning on traveling and staying in the UAE.
The new and most talked about development is the grace period that this visa particularly offers. If the visa of a holder expires, the individual can stay up to a period of 6 months after the expiration. The purpose of this entry system is to offer the benefits of better-staying options to skilled professionals, investors, and freelancers.
UAE Green Visa for Investors
The government of UAE is offering great chances for investors from around the world to invest in the UAE and get UAE Green Visa. This encourages the investors for commercial activities and gets this visa to stay in the country for as long as 5 years. And if they had previously issued a residence visa for 2 years, it will be replaced by the 5-year plan.
As for the requirements, the investor needs to have approval and proof of investment from the authorized departments in the UAE. And if the partner has more than 1 license, the total amount of capital invested will also be calculated. However, the requirements of having an investor wouldn’t be mandatory.
UAE Green Visa for Skilled Employees
Skilled employees in the UAE can apply for a 5-year UAE Green Visa. With this, they can easily live and work in the UAE without having to get renewal for their visas in time. Moreover, this also ensures that they don’t require any sponsor or employer to issue the visa for them and complete the application themselves.
However, there are certain requirements regarding the documentation that all the applicants must fulfill to enjoy the benefits this visa offers. For example, the applicants should have a valid employment contract and should also clearly classify the first, second, and third occupational levels as per the requirement of the Ministry of Human Resources and Emiratisation. Another thing to focus on is that the minimum salary should not be less than AED 15,000.
UAE Green Visa for Self-Employed & Freelancers
If you are a freelancer wanting to live and work in the UAE, this Green Visa of UAE is for you. Around the world, the flexible work models are growing and offering tons of benefits to the freelancing community. For requiring this visa, certain requirements must be fulfilled by the applicants themselves as they don’t need a sponsor or employer to have a visa issued for them.
Some documentation requirements must be provided and fulfilled by the application themselves. Moreover, the minimum educational level of a bachelor’s degree and a diploma in the relevant field is part of the requirement. In addition to this, the annual income for the last 2 years must not be less than AED 360,000.
The Final Takeaway
The sole purpose of this UAE Green Visa is to introduce a scheme of distinguishing between a work permit and a residency visa. The requirements of having a green visa vary on the category you choose from, i.e., investors, freelancer or self-employed, or skilled glass. In a nutshell, the new visa scheme of 5 years is a great chance for any prospect to make a great living and lifestyle while being in the UAE.
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