UAE set to roll out Green Visas targeting Foreign Citizens

HLB HAMT News Team

image

HLB HAMT - Accounting Firm in UAE
Phone:- +971 4 327 7775
Mobile:- +971 55 160 1291
Email:- dubai@hlbhamt.com

    Get Free Consultation




    Foreign citizens make up a large portion of the UAE’s population and are vital to the country’s economy. The government of the UAE is implementing a number of strategies as part of a larger effort to recruit top personnel and increase international investment. The initiative to implement a new class of visas known as “Green Visas,” will allow expats to apply for work without the need for an employer’s sponsorship.

    The move is intended to appeal to investors, entrepreneurs, students, and college graduates. Another advantage is that Green Visa holders can also use their permits to sponsor their parents and children till the latter reaches 25 years of age. In the case of cancellation, the new visa provides a grace period of 90 to 180 days, which is substantially greater than the existing 30-day term. Permits for business trips have also been extended from three to six months.

    The Minister of State for Foreign Trade Thani Bin Ahmed Al Zeyoudi announced “the recent amendments in residency system would make the UAE distinguished with a system that is the first of its kind in the world. The UAE will be characterized by an integrated path featuring regular, green and golden residency visas.”

    Another visa category that was revealed was the federal freelancers visa, which is for self-employed employees in specialised sectors such as artificial intelligence, blockchain, and digital currencies who are based in the UAE or abroad. In addition, the existing golden visa, which allows foreigners to live, work, and study in the UAE without the need for a national sponsor and with full ownership of their business for a ten-year period, will be extended to pioneers in business, science, engineering, health, and education.

    As a result of the pandemic’s impact on the UAE’s tourist and hospitality sectors, the country is looking to lessen its dependency on oil. In an effort to stimulate the economy, the introduction of visas is in line with the UAE’s plans for the future, which is projected to see a surge in the number of entrepreneurs and innovative talents.  By researching your destination and connecting with your peers, HLB HAMT gives the ideal platform for making the most of your business opportunities.

    HLB HAMT, a prominent firm in the UAE, offers high-quality audit, advisory services, and business setup assistance. We guarantee to provide you with accurate and timely services due to our comprehensive knowledge of the emirates and years of experience in the industry.

     

    Would you like to rate us on Google?         

     

    Varun R Chandra
    Varun R Chandra
    07:38 25 Apr 21
    HLB Hamt is highly recommended! They have the quality of services that would satisfy your needs. I'm glad I found them.
    Giuseppe Assi
    Giuseppe Assi
    06:20 31 Jan 21
    I HAD A GOOD EXPERIENCE WITH HLB HAMT DUBAI. THEY HAVE A VERY PROFESSIONAL TEAM, GOOD QUALITY OF SERVICES, GOOD VALUE... FOR PRICE.I RECOMMEND THIS COMPANY.read more
    Mohamed Sheriff
    Mohamed Sheriff
    16:16 28 Jun 20
    Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
    218141 JOSEPH THOMAS
    218141 JOSEPH THOMAS
    16:20 23 Jun 20
    Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
    PMI
    PMI
    07:14 23 Jun 20
    In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
    RAVI CHOKSI
    RAVI CHOKSI
    08:28 21 Jun 20
    Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
    Maharajan Subramaniam
    Maharajan Subramaniam
    18:17 06 Jun 20
    High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
    Mohammed L
    Mohammed L
    08:07 05 Jun 20
    We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
    ROY ROSHAN VIVIAN
    ROY ROSHAN VIVIAN
    06:32 04 Jun 20
    Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
    Basil Daniells
    Basil Daniells
    05:55 03 Jun 20
    I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
    Amar Kashyap
    Amar Kashyap
    19:28 02 Jun 20
    Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
    Radz de Jesus
    Radz de Jesus
    16:03 02 Jun 20
    We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
    Next Reviews

    Get in touch

    Whatever your question our team will point you in the right direction

    Start the conversation
    Get in touch
    x
    x

    Share to:

    Copy link:

    Copied to clipboard Copy