The UAE government has launched a new residence visa, known as the green residency, which is valid for 5 years and renewable. This type of visa, introduced in 2021, allows individuals to live in the UAE without the need for a guarantor, host, or employer sponsor. The green residency is available for qualified workers, independent contractors, and private employers.
Eligibility Criteria for Self-Employed and Private Employers
To qualify for the green residency visa as a self-employed individual or private employer, certain criteria must be met. The applicant's annual income from self-employment for the previous two years should not be less than 360,000 dirhams or its equivalent in foreign currencies. Alternatively, they must demonstrate financial solvency throughout their stay in the country by obtaining a self-employment permit, also known as a private work permit, from the Ministry of Human Resources and Emiratisation.
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Requirements for Skilled Workers
Skilled workers seeking a green residency visa for work purposes must fulfill specific requirements. They need to obtain a valid work permit in the UAE through a work contract. Additionally, they must fall under the category of skilled workers in the first, second, or third professional level as classified by the Ministry of Human Resources and Emiratization. A minimum of a bachelor's degree is also required.
Renewable Green Residence
The green residency visa can be renewed for the same duration once it expires. This allows individuals to continue their stay in the UAE without interruptions, providing stability and convenience.
Conclusion: The introduction of the 5-year renewable green residence visa by the UAE government offers greater flexibility and opportunities for qualified workers, independent contractors, and private employers. This initiative aims to attract skilled professionals and entrepreneurs to the country while providing them with a secure and extended period of residency. The renewable feature of the green residency visa ensures long-term stability and ease for individuals seeking to establish their careers and businesses in the UAE.
