- Company Formation
- Mainland Company Formation
- Offshore Company Formation
- Freezone Company Formation
- Corporate Services
UAE's Green Visa: Opportunity for the long-term residency: Who can apply?
First of all, it is of utmost importance to know that the Green Visa issued by the United Arab Emirates is a type of residence visa, that allows its holder to sponsor himself or herself for a long period of 5 years. This would help the holder by eliminating the need for a UAE national or employer to sponsor his or her visa. United Arab Emirates green visa is also a type of UAE residence permit allowing skilled employees, freelancers, investors, and entrepreneurs to live and work in the country. Government of UAE introduced this visa category in 2022 to differentiate between work and residency permits.
Freelancers, self-employed and skilled employees can apply for UAE’s green visa. Therefore, it is simply understood that the green visa provided by the United Arab Emirates is of great use to many skilled laborers all over the world and especially in India. Therefore, now a good number of people are really striving to get this opportunity. And it is easily understood that it’s the best opportunity of the time as well. Therefore, the number of people who try for this is increasing day after day.
Freelancers and self-employed people who really wish to apply for a green visa really need to submit a freelance self-employment permit from Ministry of Human Resources and Emiratization. This is the Ministry that deals with the above given matters. Opportunity for the long-term residency has always been a dream of most people who come to UAE. But there were a lot of obstacles before and now all that has gone to the past.
The freelancers and self-employed people who wish to apply for a green visa should also need to submit proof of a bachelor’s degree or a specialized diploma. This is also of very much importance. Because there should be the proof for the above mentioned. It is because of the fact that having a degree is always makes sure that the person is of the talent and potentiality. It also makes sure that the person has some kind of ability to move forward in life. Therefore, it is also of very much importance. Having said that, there are also other criteria for people to apply for this.
The Green Visa should always be considered as a green signal given by the United Arab Emirates government. And moving forward to claim this there yet another criterion and that is the evidence of annual income from self-employment for the previous two years amounting to not less than AED 360,000 or proof of financial solvency throughout their stay in the UAE. The above-mentioned criteria are for freelancers or self-employed people.
What about the skilled employees?
To apply for a Green Visa the skilled employees must first of all have a valid employment contract. Having said that it is very important to note that without having a valid employment contract it will not be good enough for the skilled employees to try for a Green Visa. Therefore, it is clearly understood that it is very much unavoidable.
Another important criterion for the skilled employees is nothing but must be classified in the first, second or third occupational level as per Ministry of Human Resources and Emiratization. This is also of very much prevalence and of utmost importance.
Another important factor of criteria for the skilled employees is nothing but holding a minimum of bachelor’s degree or equivalent. Because as we have already mentioned before, it very important to have the educational qualification.
Another important criterion for the skilled employees is the criteria of having a salary of not less than AED 15,000 per month. So, if all these criteria are met the skilled employees can easily apply for the Green Visa of the United Arab Emirates.
Now we have already discussed sufficiently about the criteria of the green visa and about who can apply for it as well. All that we have seen and clearly understood that it is a golden opportunity and people who can meet those criteria should not miss to grab this wonderful opportunity.