Company directors, executives, engineers, professionals and technicians in scientific, technical and human fields will be among the UAE workers who can apply for the five-year green visa from September 5.
Green visas will be available to people with bachelor's degrees who earn Dh15,000 ($4,084) or more a month as part of sweeping changes to attract new talent to the UAE and encourage residents to stay longer.
The visa offers a five-year residency without the need for an employer or a sponsor and allows holders to bring first-degree relatives to the country for the duration of their stay.
Investors and business partners in a commercial business, freelancers and highly skilled workers are eligible for the green visa.
The green visa was approved by the UAE Cabinet, as per Decision No 65 for 2022.
People outside the country who want to apply for a green visa can ask for a 60-day entry work permit to come to the UAE and complete the application on arrival.
Who can apply for the green visa?
UAE authorities have identified three categories of people who can apply for a green visa.
Investors/business partners in a commercial licence, freelancers/self-employed and high-skilled workers.
The costs associated with applying for a green visa for any of the three categories have not yet been set out.
Green visa for skilled workers
The Ministry of Human Resources and Emiratisation (MoHRE) has nine different skill levels of jobs, in line with the International Standard Classification of Occupations.
If applying under the skilled workers' category, the applicant should be classified in the first, second or third level.
The worker should have a valid work contract in the UAE with a Dh15,000 salary and a bachelor's degree in certain skilled fields, including science, law, education, culture and social sciences.
Green visa for investors and business partners
The green visa for investors is given to those establishing or participating in commercial activities. It replaces the previous residence that was valid for two years.
The Federal Authority for Identity, Citizenship, Customs and Port Security can grant the green visa after it receives approval of the investment from the relevant local authority and proof of investment from the investor or business person.
If the investor has more than one licence, the total invested capital will be calculated.
Green visa for freelancers/self-employed
Freelancers or self-employed people can obtain a five-year work permit without a sponsor or a contract, even if the person is outside the country.
To be eligible, the freelancer should have at least a bachelor's degree and provide his/her yearly income for the last two years for an amount not less than Dh360,000 or prove his or her solvency during the five-years duration.
They should also have a freelance/self-employment permit from the Ministry of Human Resources and Emiratisation.
Can the holder of green visa sponsor people?
The green visa holder can sponsor residency for first-degree relatives for five years.
The duration of residency for the first-degree relatives (spouse, sons, daughters and parents) will be the same as that of the holder of the green visa.
Previously, this was typically allowed for two or three years.
Dependents are granted a 30-day grace period from the date of expiry or cancellation of their visa to obtain a new residence permit. If the green visa holder fails to renew or cancel the visa of his dependents, the dependents could be liable to pay an overstay fine.
Overstay fines
As per the UAE immigration's fines system, the penalty to stay on after the expiration of the grace period is Dh125 for the first day and Dh25 for each subsequent day.
If the dependent's overstay is more than six months, then the fine will be Dh50 a day and Dh100 a day after one year of overstaying.
The green visa may become invalid if the holder remains outside the UAE for more than 180 days.
The biog
Favourite Emirati dish: Fish machboos
Favourite spice: Cumin
Family: mother, three sisters, three brothers and a two-year-old daughter
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
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What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
COMPANY%20PROFILE
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Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
What is the Supreme Petroleum Council?
The Abu Dhabi Supreme Petroleum Council was established in 1988 and is the highest governing body in Abu Dhabi’s oil and gas industry. The council formulates, oversees and executes the emirate’s petroleum-related policies. It also approves the allocation of capital spending across state-owned Adnoc’s upstream, downstream and midstream operations and functions as the company’s board of directors. The SPC’s mandate is also required for auctioning oil and gas concessions in Abu Dhabi and for awarding blocks to international oil companies. The council is chaired by Sheikh Khalifa, the President and Ruler of Abu Dhabi while Sheikh Mohamed bin Zayed, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is the vice chairman.
Notable Yas events in 2017/18
October 13-14 KartZone (complimentary trials)
December 14-16 The Gulf 12 Hours Endurance race
March 5 Yas Marina Circuit Karting Enduro event
March 8-9 UAE Rotax Max Challenge
Profile of Hala Insurance
Date Started: September 2018
Founders: Walid and Karim Dib
Based: Abu Dhabi
Employees: Nine
Amount raised: $1.2 million
Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers
Profile Box
Company/date started: 2015
Founder/CEO: Mohammed Toraif
Based: Manama, Bahrain
Sector: Sales, Technology, Conservation
Size: (employees/revenue) 4/ 5,000 downloads
Stage: 1 ($100,000)
Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)