Skip to main content

UAE Launches New Visa Categories - Green Visa, Freelancers Visa

The United Arab Emirates announced the launch of a new resident visa category called the Green Visa on Sunday. Green Visa holders can sponsor their sons' visas till their boys reach the age of 25. Sons are usually only sponsored until they reach the age of 18. Green visa holders can support their parents as well. The new Green Visa will not be linked to work permits from firms, according to Dr Thani Al Zeyoudi, Minister of State for Foreign Trade. It would be targeted at highly talented persons, investors, entrepreneurs, top students and graduates. He also announced a new category of Visa for freelancers. Green visa holders will be given a 90-180 day grace time to leave the country once their visas expire, rather than the current 30-day grace period. When asked about the difference between  Golden visas  and Green, the minister stated that they are all complimentary. "It is a full package that includes  UAE golden visas , green visas and tourist visas. Freelancer visa is ...
Post a Comment

UAE Golden Visa

 The UAE golden visa offers residency for five or ten years, instead of the standard two-year residence visa. The Business Visa is essential for the Golden Visa system for permanent residents and foreigners to acquire a long-term visa for themselves and their dependents.

Who is Eligible for the Golden Card?

It was declared that executives who have a salary with Dh30,000 or more can apply for the visa as well. The applicant ought to have a minimum bachelor’s degree or its equivalent and five years of work experience. They should also have a valid employment contract.


Eligibility for a 5-year Golden Visa

The following categories are entitled to apply for a 5-year home visa in the UAE.

  1. Investors in a property in the UAE

Allowing a visa depends on the following conditions:

  • The investor ought to invest in a property of a gross worth of not less than AED 5 million.

  • The amount invested in real estate ought not to be on a loan basis.

  • The property should be retained for at least three years.

2. Entrepreneurs

  • This classification includes those having an existing project with a minimum capital of AED 500,000, or the individuals who have the endorsement of an accredited business incubator in the country.

The entrepreneur is permitted a multi-entry visa for a half year, renewable for another six months. The long-term visa includes the spouse and kids, a partner, and three executives.

3. Outstanding Students

This includes:

  • Outstanding students with a minimum grade of 95% in public and private secondary schools

  • University students inside and outside the country having a distinction GPA of at least 3.75 upon graduation.

Long term visa includes families of the outstanding students


To apply and learn more about 5 Year & 10 Year Golden visa in the UAE,

visit: https://amca.ae/uae-golden-visa

Comments

Post a Comment

Popular posts from this blog

TINCO and TINCE

The Federal Tax Authority (FTA) of the United Arab Emirates has published two new guides associated with Excise Tax Clearing Companies(TINCEs). What is TINCO? TINCO is a particular reference number that is allocated to cargo forwarders or clearing agents who register with FTA (Federal Tax Authority). FTA affirmed clearing organizations can apply for excise tax clearing company (TINCE) registration by signing in to their existing TINCO account. Therefore, before doing this registration, the company should already be registered with FTA(Federal Tax Authority) as a clearing company (TINCO) Who Should Register? Enrolled Clearing Companies with  TINCO accounts  can use the  TINCE registration  form to apply for suspension of the Excise Tax due on the Excise Commodities that they will import on behalf of importers. During the registration process, the Clearing Company will be needed to give a guaranteed amount to the FTA. On successful registration, the Clearing Company wi...
Post a Comment
Read more

Ultimate Beneficial Owner (UBO)

  Ultimate Beneficial Owner (UBO) is the individual who ultimately owns a legal entity or legal person   during a transaction. A UBO of a registered organization is a person who holds a minimum 25 percent of the company’s wealth, or at least a similar-sized voting power or ownership stake among other shareholders and benefits from getting a minimum 25 percent of said firm’s money. If no one meets the condition above, then any natural individual who has the power to control the organization using any other means may be termed as the UBO. In cases where   UBO   can’t be identified through the two conditions above, then a natural person who holds the highest management position in the company may be considered as the UBO. Ultimate Beneficial Ownership (UBO) has emerged as a crucial notion for the performance by financial institutions of their compliance obligations after the creation of the Financial Action Task Force (or FATF) in 1989. Founded by thirty countries, FATF...
Post a Comment
Read more

UAE to Grant Golden Visas to Humanitarian Pioneers

Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, has announced that pioneers of humanitarian work in the UAE would be awarded   golden visas . His Highness said, “Aid workers are ambassadors of the UAE and role models instilling pride in us all. Giving is embedded in the fabric of Emirati society and culture, and we aim to be the most vibrant humanitarian destination in the next fifty years.” As an example of the UAE's efforts to lead humanitarian causes, His Highness pointed to the establishment of Dubai International Humanitarian City (IHC) in 2011. IHC, the world's largest humanitarian destination, is a non-profit, independent humanitarian free zone authority that hosts over 80 members, including UN organizations, non-profits and non-government organizations, and commercial companies. The humanitarian work in the UAE has emerged in numerous initiatives since the start of the COVID-19 crisis. Over the past year, the country has organized emergency fl...
Post a Comment
Read more