Andi Price, a class teacher in Dubai. Courtesy: Andi Price
Andi Price, a class teacher in Dubai. Courtesy: Andi Price
Andi Price, a class teacher in Dubai. Courtesy: Andi Price
Andi Price, a class teacher in Dubai. Courtesy: Andi Price

What the UAE's new green visa means for teachers


Anam Rizvi
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Related: UAE targets middle-income earners with long-term visas

The UAE's move to provide five-year visas to middle-income workers will offer greater stability and flexibility for those in the education sector, school staff said.

Green visas will be available to people with bachelors degrees who earn Dh15,000 ($4,084) or more per month as part of sweeping changes to attract new talent to the Emirates and encourage residents to stay longer.

The visa offers five-year residency without the need for an employer to be a sponsor and allows holders to bring first-degree relatives to the country for the duration of their stay.

Graduates in education, social sciences or culture, among other fields, will be able to apply for the green visas, which are part of the broader residency regime that offers at least 10 visa types.

It was approved by the Cabinet last week and comes into effect in September.

It brings teachers, young professionals and ordinary working families into a broader long-term visa strategy originally aimed at high-net-worth individuals through the launch of the golden visa in 2018.

The cost of the visa has not been revealed, but the cost of processing a 10-year golden visa is Dh3,860 through Dubai's General Directorate of Residency and Foreigners Affairs.

Andi Price, a private school teacher in Dubai who has lived in the UAE for more than a decade, said it will give teachers an opportunity to put down roots in the country.

"It will give that permanence in investing and buying a house," said Mr Price.

UAE visa changes - in pictures

  • The UAE is offering new types of visa, including options for long-stay tourists, jobseekers, accomplished professionals, star students and high-net-worth individuals. Wam
    The UAE is offering new types of visa, including options for long-stay tourists, jobseekers, accomplished professionals, star students and high-net-worth individuals. Wam
  • A 60-day visit visa for tourists is now standard instead of a 30-day one. Christopher Pike / Bloomberg
    A 60-day visit visa for tourists is now standard instead of a 30-day one. Christopher Pike / Bloomberg
  • The Job Exploration Entry Visa was created to attract young talent and skilled professionals. Photo: Dubai Airports
    The Job Exploration Entry Visa was created to attract young talent and skilled professionals. Photo: Dubai Airports
  • Holders of the Green Visa for Skilled Employees and Freelancers will be able to bring any first-degree relative to live with them. Khushnum Bhandari / The National
    Holders of the Green Visa for Skilled Employees and Freelancers will be able to bring any first-degree relative to live with them. Khushnum Bhandari / The National
  • A five-year multi-entry tourist visa has been introduced. This does not require a sponsor and allows the holder to stay in the country for up to 90 consecutive days, as long as they have $4,000 or its equivalent in their bank account. Christopher Pike / Bloomberg
    A five-year multi-entry tourist visa has been introduced. This does not require a sponsor and allows the holder to stay in the country for up to 90 consecutive days, as long as they have $4,000 or its equivalent in their bank account. Christopher Pike / Bloomberg
  • A Green Residence visa for an investor or partner in a company provides five-year residency. It replaces the previous residence permit, which was valid for two years. Photo: DMCC
    A Green Residence visa for an investor or partner in a company provides five-year residency. It replaces the previous residence permit, which was valid for two years. Photo: DMCC
  • The five-year Green Residence for Skilled Employees visa is to attract experienced professionals, freelancers, investors and entrepreneurs. AFP
    The five-year Green Residence for Skilled Employees visa is to attract experienced professionals, freelancers, investors and entrepreneurs. AFP
  • The 10-year Golden Residence Scheme visa is open to investors, entrepreneurs, scientists and certain other professionals; humanitarians, first responders, and outstanding students and recent graduates. Photo: National Geographic
    The 10-year Golden Residence Scheme visa is open to investors, entrepreneurs, scientists and certain other professionals; humanitarians, first responders, and outstanding students and recent graduates. Photo: National Geographic
  • The Golden Visa for Outstanding Students and Graduates is available to secondary school pupils and undergraduates of exceptional academic ability, as well as outstanding graduates of UAE universities and the best 100 universities worldwide. Pawan Singh / The National
    The Golden Visa for Outstanding Students and Graduates is available to secondary school pupils and undergraduates of exceptional academic ability, as well as outstanding graduates of UAE universities and the best 100 universities worldwide. Pawan Singh / The National

"We would have saved a considerable amount of money had we bought a house 13 years ago.

“Also, I think it would benefit the teachers who tutor at centres. That would be a little more secure for them as they may not have a permanent employer. I think it will be hugely beneficial for them," he said.

"I think most teachers used to think I will stay for a year or two and they end up spending a lot of time in the UAE.

"Although it may not attract new teachers from outside, it will definitely help retain teachers who are in the profession."

Greater security for employees

Talat Goldie, human resources director at Taaleem, one of the UAE's largest school groups, is in favour of recent legislation offering greater security to workers.

She believes the visa changes, coupled with recent updates to labour laws, will benefit employees, offering more scope for workers to explore career opportunities with the protection of longer-term residency.

The amended labour regulations, which were first outlined by the government in November 2021 and came into effect on Feburary 2, provide options that were not available before and strengthen employees' rights.

Talat Goldie, human resources director at Taaleem, one of the UAE's largest school groups. Photo: Supplied
Talat Goldie, human resources director at Taaleem, one of the UAE's largest school groups. Photo: Supplied

One of the major changes under the new rules is that people will be able to live in the country for up to six months after leaving a job, having previously only had a grace period of 30 days.

"A big advantage is that it gives you six months flexibility to stay on in the country even after you lose your job, whether you leave or whether you're terminated by our employer, so that's a huge advantage" she said.

"I think one month is crazy, especially if you've got loans, that is impossible. Then you take on any other job without really thinking it through. This will give a lot of flexibility for sure."

She said Taaleem was awaiting further details on how the green visa will be implemented but confirmed it would continue to pay for the medical insurance of teachers who opted to get the green visa.

Do the majority of teachers in the UAE earn Dh15,000 per month?

On average, teachers in the UAE can expect starting salaries between Dh9,000 and Dh15,000 a month.

In British and US curriculum schools, a typical salary for graduates with up to two years’ experience can be between Dh9,000 and Dh11,000 per month, plus an accommodation allowance.

Headteachers can expect to secure a salary of between Dh25,000 and Dh40,000 a month, with additional benefits of accommodation, an annual flight home and, in some cases, transport.

Salaries of learning assistants range between Dh3,500 and Dh7,500 per month.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Updated: April 28, 2022, 7:16 AM