In the new revision of the visa issuance system, the UAE government started implementing a new program called the green residence visa on October 3.
The UAE Green Residency Visa allows the holder to be sponsored in the UAE for five years (without requiring an employer), the Green Residency Visa is intended for self-employed individuals who wish to reside in the UAE.
Green residence visa applicants must provide a bank statement showing an income of at least 360,000 dirhams (or its equivalent in foreign currency) for the past two years.
This amount is divided by the average monthly salary of AED 15,000 for eligibility, provided that earnings are accumulated over a two-year period.
Green residency holders can extend these benefits for family members for five years and maintain their residency status for six months after their visa is canceled or expires.
The UAE Green Visa scheme to attract entrepreneurs, investors, freelancers and skilled professionals became available on Monday 3 October for those unable to apply for residency through an employer or traditional sponsor.
To get a five-year investor or partner visa, you must show both government approval and proof of investment.
You must apply for a Freelance/Self-Employment Permit from the Ministry of Human Resources and Emirates (MOHRE), have a degree and have an annual income of AED 360,000.
If you have multiple licenses, they will calculate the total investment by you.
You can apply for long-term residency in the UAE through the Federal Department of Identity, Citizenship, Customs and Port Security (ICP).
You can apply for a long-term stay through the ICP website, the ICP – UAEICP app, available on Apple and Android devices. Contact ICP Customer Happiness Center or an authorized typing center with ICP.
The total application fee for UAE green residence visa should be 250 dirhams. Once approved, the combined cost of changing country status and Emirates ID will be AED 1,200. So the combined cost will be 1450 dirhams.
We will always be happy to assist you with any questions or queries you may have. If you have any questions or concerns, you can contact us by phone or by email.
