The Green Visa is one of the visa options that the UAE is getting ready to provide as part of a new immigration system that will go into effect on October 3.
But how is this visa different from the Golden Visa? Despite the fact that both visa systems offer UAE citizens other options for residency, there are some noticeable similarities and variations between them.
For instance, without the help of a business, a resident may sponsor himself under the rules of a Golden or Green Visa (such as employment). This is referred to as self-sponsorship. Both of these visas offer options for a long-term stay, in contrast to the conventional two- or three-year resident visas.
But what sets one visa apart from the others is its duration, qualifying restrictions, and benefits. This article explains all you need to know about the Green Visa and Golden Visa.
Green Visa
Duration
5 years
Benefits
a UAE residency visa valid for five years.
Self-sponsorship.
Your first-degree relatives may be sponsored.
How is a Golden Visa applied for?
You can submit an application for a Golden Visa if you fall under one of the following categories:
a Dubai Amer center. Amer centers provide visa processing on behalf of the General Directorate of Residency and Foreigners Affairs in Dubai.
the Federal Authority for Identity, Citizenship, Customs and Ports Security’s (ICP) centre for customer satisfaction in other Emirates. To begin the procedure, just stop by the centre with your passport and information about your job or investment.
six-month grace period following expiration or cancellation of a visa.
Eligibility
According to a resolution reached by the UAE Cabinet in April of this year, these three categories are eligible for the Green Visa:
1.Green housing for independent contractors (self-employment)
A permit for independent or self-employment must be issued by the Ministry of Human Resources and Emiratization to the applicant (MOHRE).
The minimal need for schooling should be a bachelor’s degree or specialized certification.
The applicant must show they will be able to support themselves financially while living in the country, or their self-employment income for the previous two years cannot have been less than Dh360,000.
2.Green housing for professionals
Candidates must be currently employed.
They should be classified at the first, second, or third occupational level in accordance with MOHRE.
The minimal educational qualification is a bachelor’s degree or its equivalent.
A minimum annual salary of 15,000 dirhams is necessary.
Green residence for partners and investors for five years
Additionally, the holder of the Green Residency will not require a sponsor under this heading.
GOLDEN VISA
Duration
10 years
Benefits
The Golden Visa provides these benefits, per the modifications made public on April 18 of this year:
Sponsor family members without restrictions, including partners, children, and helpers.
Outside of the United Arab Emirates, the Golden Residency may be utilized at any time.
The applicant will be given a six-month e-visa while the resident visa application process is carried out.
In the case that the original Golden Visa holder passes away, family members may remain in the UAE until the expiration of their visa.
There is no need for a sponsor or employer.
