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Jan 22, 2020 News
Synopsis: The United Arab Emirates has been making continuous changes to its visa requirements to attract the attention of entrepreneurs and qualified professionals working across the globe. This time, the UAE introduced Green Visas to retain global talents.
The UAE is a dream destination for many to start their own businesses and become successful entrepreneurs. There are so many well-developed cities in the UAE that become the first choice of investors for their businesses. If you are one of those who have been planning to start business in the UAE, then it will be a good opportunity for you.
UAE launched a brand new Green Visa on September 5th to support talented minds across the globe. The UAE has recently changed its visa requirements significantly for the Golden Visa category in order to encourage qualified professionals, business owners, and high-net-worth individuals to stay and invest in the nation.
If you are interested in this Green Visa, then here are important details:
The UAE’s Green Visa is a special type of residence visa given to people who want to work in the UAE at their own expense for 5 years. With this visa, the visa holder no longer needs a sponsor who is a citizen of the UAE or an employer.
Anyone who wishes to work in the UAE and has adequate capital to survive for five years can apply for a Green Visa. People who come under the below-mentioned category can apply for a Green Visa:
Freelancers or self-employed individuals
Self-employed and freelancers need to provide/submit the following documents to apply for a Green Visa:
A skilled employee needs to submit the following documents to get the UAE’s Green Visa.
Investors who establish or engage in commercial activities are granted the Green Visa. It replaces the previous residency permit, which was only valid for two years.
UAE’s Green Visa has baby benefits that make it the first choice of migrants. Along with you, this visa will provide benefits to your family members as well.
After expiring, the visa is extendable for the same period.
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