The United Arab Emirates on Sunday announced a replacement class of visas called ‘Green Visas’ which can allow expats to use for work without being sponsored by an employer, consistent with a report by press agency Bloomberg.
The move comes during a bid to focus on investors and highly skilled workers also as students and graduates. The Green Visa holders can sponsor their parents and youngsters up to the age of 25 on their permits. The steps are being taken to draw in talent and boost growth.
The UAE government will allow people that lost their jobs to stay within the UAE for up to six months which is an incentive as most visas are tied to employment contacts. it’s allowed hiring of temporary workers above the age of 15 during a bid to loosen the work market.
Foreign residents form 80% of the population of the UAE and are intrinsic to the economy of the country for the past few decades. Foreign nationals add the private sector and contribute to the economy by buying property or by shopping in a number of the most important malls within the world.
These oil-rich countries have resisted offering permanent residency to foreigners. These governments also didn’t offer citizenship to many foreign workers so as to safeguard generous privileges enjoyed by the citizens of this country.
The gulf-economies started preparing for a post-fossil fuel world following the 2014 oil-price slump by enticing wealthy people to remain . This trend was reinforced during the Covid-19 pandemic because the government took steps to make sure people that lost their jobs could remain. along side the UAE government, the governments in Saudi Arabia and Qatar took steps to permit some expatriates permanent residency.
