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The difference between UAE green visa and golden visa

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Similarities Between Green Visa and Golden Visa

Both types of visas allow people to United Arab Emirates Sponsoring yourself without any employer, known as self-sponsorship, compared to regular visas that give people 2 or 3 years residency green visa and golden visa They will be offered the option of long-term residency.

However, their eligibility, duration and benefits are not the same.

Green Visa Details

Duration: The green visa is valid for five years.

advantage –

  • Five years of residency in the United Arab Emirates
  • self-sponsor
  • Not sponsoring first-degree relatives
  • Get a six-month grace period after your visa expires or is cancelled

Eligibility Criteria –

According to the decision of the UAE Cabinet in April 2022​​, you must meet three criteria to be granted a green visa.

  • Green housing for self-employed or freelancers: Aspirants need to get MOHRE or Ministry of Human Resources and Emirates. They should be at least graduates or completed diplomas in any discipline. Finally, they should earn at least AED 360,000 through freelancing or self-employment for the first two years.
  • Skilled employees will receive green housing: Job seekers must have a legal employment contract. According to MOHRE, they should be working at level 1, 2 or 3 and be graduates. Their salary cannot be less than Dh15,000.
  • Partners and investors will receive 5-year residency: Here, no sponsor is required to obtain a visa, this type is best suited for institutional or corporate investors or partners.

Apply for a green visa

Authorities will announce all precautions by October 3rd.

Golden Visa Details

Duration: The golden visa is valid for ten years.

advantage

  • You can sponsor any family member, such as a child, support person or spouse, and there is no limit to the amount you can sponsor.
  • you can stay outside United Arab Emirates As long as you are willing to.
  • If you complete the residency visa process, you can obtain an electronic visa for six months.
  • Any family member of a Golden Visa holder can stay in the UAE until the visa expires in the event of the person’s death.
  • The Golden Visa does not require any sponsor or employer.

Eligibility Criteria

  • investor: For Public and Real Estate Investors Entrepreneurs – This is for people with registered start-ups, entrepreneurial ideas and existing start-ups for sale in and outside the United Arab Emirates.
  • Some outstanding talents: A generationInnovation, investment, arts, culture, sports and digital technology
  • Professionals and scientists: This applies to persons, CEOs and senior managers related to health, scientific, educational, administrative, business, information technology, cultural, social and legal activities
  • Graduates or high-achieving students: To do this, you must be the best student in your secondary school or graduate with the highest marks from any university in the UAE. This also applies to students from the top 100 universities in the world.
  • Persons related to the humanitarian field: This applies to those associated with regional and international agencies, public interests, or those receiving awards or working as volunteers in these areas.
  • Frontline workers: This applies to people who are working very hard during COVID-19.

Apply for a Golden Visa

You can apply through the Amer Center Dubai or Customer Happiness Centres operated by ICP or Identity, Citizenship, Customs and Port Security federal authorities.

Disclaimer: This content was created by an external agency. The views expressed here are those of the respective authors/entities and do not necessarily reflect the views of The Economic Times (ET). ET does not warrant, guarantee or endorse any of its contents and is not responsible in any way for it. Please take all necessary steps to ensure that any information and content provided is correct, updated and verified. ET hereby disclaims any and all warranties, express or implied, with respect to the report and any of its contents.

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