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The Golden Residency program is a long-term residence visa the UAE started in 2019 for foreign nationals who want to live, work and study in the country without a national sponsor
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It also gives foreign entrepreneurs 100% ownership of their business on the UAE mainland
The UAE has started issuing work permits for holders of the Golden Residency visa, its Ministry of Human Resources and Emiratisation was quoted by local reports as saying on Friday, July 2.
This comes as part of the implementation of the Cabinet resolution under which Golden Residency holders were to be given work permits.
Such permits are required in three cases, first being those unemployed when they received their Golden Residency, and wish to start working for a certain employer
The second are Golden Residency holders who plan to start working for a new employer, said the reports.
The third is when a current employer wishes to renew the work permit and contract of a Golden Residency holder.
The ministry said same rules and procedures related to the issuance of work permits and contracts apply to dependents registered on their parents’ residency, if they are applying for work and are Golden Visa holders.
Work permits and contracts concluded between employers and workers who receive the Golden Residency will remain valid, and subject to all applicable UAE legislations, it stated.
According to the ministry, fees prescribed and applicable fees for work permits for those outside the country, as well as fees for renewing and amending work permits and contracts, will also be applicable to Golden Residency holders.
The Golden Residency program is a long-term residence visa that the UAE started in 2019 for foreign nationals who want to live, work, and study in the country without a national sponsor.
The visa also gives foreign entrepreneurs 100% ownership of their business on the UAE mainland. It is issued for five or 10 years, with automatic renewal.