The UAE announced, on Sunday, the launch of a new residency system that allows foreigners to work in the country without the sponsorship of an employee company, easing requirements for obtaining residency in an attempt to attract talent and promote economic growth.
Officials said, according to Agence France-Presse, that holders of the new “green visa” will be able to work without corporate sponsorships, and they can sponsor their children until the age of 25 years.
The Emirates News Agency (WAM) stated that the introduction of the “Green Visa” system constitutes a fundamental change in the residency system in the Emirates, which is self-residency for the individual or employee, through which the residence permit is separated from the work permit.
The system targets highly qualified and skilled holders of a bachelor’s degree and above, as well as investors, entrepreneurs, early students and graduates.
It includes a set of new privileges different from the normal residency, such as extending the residency period of children over their families up to 25 years, granting residency to parents, and a period of 90-180 days upon expiry of residency instead of 30 days.
A “Freelancers Visa” system has also been introduced, according to the agency, which is the first of its kind at the federal level, and is intended for freelancers without the need for a work permit and an employment contract.
In 2019, the UAE launched the “Golden Visa” for a period of ten years to attract the wealthy and highly skilled, and it was the first step of its kind in the Gulf.