The United Arab Emirates has announced a new ‘Green Visa’ scheme that allows foreigners to work in the country without the need for sponsorship by an employer. Officials said holders of the new green visas will be able to work without company sponsorship, and can sponsor their parents and children up to 25 years old.
Last weekend, the United Arab Emirates announced a new ‘green visa’ scheme that allows foreigners to work in the country without the need for sponsorship by an employer. Foreigners in the oil-rich emirate were until now generally granted limited visas tied to their employment, making long-term residency very difficult to obtain. The new visa eases residency requirements in an effort to spur economic growth. Officials said new green visa holders will be able to work without company sponsorship and sponsor their parents and children up to 25 years of age.
“It is heartening to see that the UAE leadership has decided to celebrate the country’s golden jubilee through a series of futuristic initiatives that outline a roadmap for the next 50 years. The new projects have the potential to transform the economy and accelerate development in the country. Residency reforms, including the launch of Green Visa, will have a tremendous impact on attracting and retaining top talent across sectors, especially healthcare,” said Dr Shamshir Waylil, NRI entrepreneur and Chairman and Managing Director of UAE-based Health Services . Group VPS Healthcare.
Yusufali MA, Chairman and MD, Abu Dhabi-based retail giant Lulu Group, also feels Green Visa as one of the few landmark initiatives launched by the UAE leadership to attract, nurture and retain investors, entrepreneurs, professionals and experts. Is. “The whole idea is to make the UAE a global hub of talented and influential human resources, far from being just an oil-powered economy. The focus is on AI, coding, space research, academic excellence.
This UAE already has a golden visa scheme launched in 2019, which is issued for 5 or 10 years and is offered to high-net-worth individuals who want to make large investments in the UAE. Present as an opportunity to stay in the country without renewing. Their visa every year and without the need for a sponsor. “Through the Golden Visa Scheme, the country’s leadership has already warmly welcomed experienced medical professionals. The new reforms will continue to bring in all kinds of skilled personnel who are invaluable resources in strengthening the healthcare sector. These initiatives will also provide the necessary impetus to healthcare providers to improve their accessibility and quality. Strengthening the human capital of the country is a step in the right direction for the progress of the nation. Such projects will foster a sustainable future and open a new era of development in the country,” said Dr Vayil.
According to Thani Al-Zeudi, UAE Minister of State for Foreign Trade, Green Visa targets highly skilled individuals, investors, businessmen, entrepreneurs, as well as exceptional students and postgraduates.
“This is another very progressive step by the UAE to attract the right talent pool to its already growing economy. The fact that Green Visa holders can sponsor their children up to the age of 25 and stay in the country for 180 days after job loss has gone a long way in adding a sense of permanence to the UAE for these visa holders. Will do “Says Shivaj Rai, CEO of Migrate World India, a company headquartered in Dubai that helps Indians acquire citizenship and permanent residency through investors. He feels that the UAE is taking big steps to shape its human resource, a move that complements its rapid economic growth.
In the United Arab Emirates, the second largest economy in the Arab world after neighboring Saudi Arabia, foreigners account for 90 percent of its 10 million population.
FacebookTwitterLinkedinE-mail
.