Green is the new color for skilled persons that want to be in control of their residency status independently from their employment.
This is a welcome move towards modernising relationships with employers so that you can sponsor yourself and your family.
Available to mainland employees, investors and freelancers, this may be a good option for you to consider.
Let's take a quick look at the eligibility requirements.
If you are already employed within the mainland then you will need to meet the following criteria:
Freelancing from the UAE is a relatively new concept but there are a number of authorities that can issue a license do to so.
If you do not hold an existing license, you can take a look at the options from the Departments of Economy in Dubai & Abu Dhabi and some free zones.
Freelance licenses cover a multitude of professional and creative roles and you can now be self-sponsored if you can demonstrate annual income of AED 360,000 or prove solvency in some other way. That's quite a high threshold and the solvency test is subject to immigration's assessment.
Investors can also go green by providing proof of investment in a UAE commercial activity, normally by way of a partner or shareholder status in a UAE registered business and this will be subject to approval by immigration.
Aside from the independence you will gain from self-sponsorhip, you will also benefit from:
The only downside you may need to consider is that your employer may require you to arrange your own medical insurance cover or change any other benefit plans held, and we would recommend that you have a chat with your employer before taking action.
As always, reach out to our team to ask any question!