Green residency is a type of residency that aims to promote environmental and economic sustainability, and is part of global initiatives aimed at achieving sustainable development. In many countries, governments are adopting green residency systems to support individuals and investors who commit to optimal environmental practices. Green residency in the UAE includes  benefits and facilities for individuals and companies that contribute to reducing their carbon footprint, innovating in the field of clean technology, and investing resources sustainably. Green residency seeks to attract talent and investors who believe in the need to achieve a balance between economic growth and environmental conservation, which enhances the quality of life and achieves global environmental goals.

Green residency in the Emirates

Green residency in the Emirates

The Green Residency in the UAE is a type of residency visa that aims to attract individuals and investors who contribute to promoting sustainable development and protecting the environment. This program was launched as part of the UAE’s ongoing efforts to promote environmental sustainability and achieve sustainable development goals.

Types of green residency in the UAE:

1. Green Residency for Creative Individuals: Targets individuals who contribute to environmental fields, such as innovators in the field of clean technology, or individuals who possess special skills that contribute to achieving sustainable development goals.
2. Green Residency for Professionals: Includes qualified professionals and skilled workers who work in the environmental and clean technology sectors, and positively impact the environment in their own ways.
3. Green Student Residency: Targets students studying at accredited educational institutions in the UAE and participating in environmental programmes or projects.

Green Residence Conditions in the Emirates

The conditions for obtaining a green residency in the Emirates include several requirements, which vary depending on the type of visa (creative individuals, professionals, students). The following are the most important general conditions:

1. Green Residency for Creative Individuals: Applicants must be in a creative or innovative field, such as innovators in clean technology or the arts. Recommendations from recognized bodies confirming their outstanding contributions are also required. Applicants may be asked to demonstrate their involvement in successful environmental programs or projects.
2. Green Residency for Professionals: The applicant must be in a profession that requires specialized skills and plays a role in the field of clean technology or environmental fields. Provide a valid employment contract in one of the approved companies or entities that contribute to sustainable development. Possess the educational and training qualifications appropriate to the field in which he works.
3. Green Residence for Students: The applicant must be enrolled in an accredited educational institution in the UAE. Maintain a good academic average as per the educational institution’s requirements. Students may be required to demonstrate their participation in programs or projects that promote environmental sustainability.

General requirements for all types of green residence

• Sustainability: Submit a plan or project that contributes to environmental sustainability.
• Compliance with Laws: Comply with all local laws and regulations regarding residence and work.
• Financial Ability: Proof of financial ability to cover the costs of accommodation and living in the UAE.
  These conditions may vary based on policy and procedure updates by the UAE authorities, so it is preferable to check the latest information from official authorities or consult with approved immigration offices.

Using Green Residence to Establish Companies in Dubai

Green residency can be used to establish companies in Dubai . The UAE Green Residency Program enhances investment opportunities and offers benefits to investors and entrepreneurs who commit to sustainable environmental practices.

1. Business Setup: Green residency holders can set up new companies in Dubai, especially in areas related to clean technology, environmental sustainability, and innovation. Green residency offers benefits including ease of procedures and a supportive environment for environmental projects.
2. Business Expansion: Individuals with a green residency can use the visa to expand their business in Dubai, allowing them to set up branches or develop new projects that align with sustainability goals.
3. Obtaining licenses: Green residence holders may benefit from facilities in obtaining commercial licenses and registering companies, which enhances their ability to operate in a sustainable business environment.
4. Investing in existing companies: Investors with green residency can invest money in existing companies in Dubai, especially in companies that focus on sustainability and environmental innovation.
5. Partnerships and collaborations: Founders can build partnerships with other companies and government agencies that advance sustainability goals, improving the company’s reputation and attracting more investment.

Basic requirements for establishing a company using green residency

1. Approval of relevant authorities: Verifying that the business activity is in line with the requirements of the green residence and the sustainability program.
2. Required Documents: Submit the required documents and papers to register the company, including the business plan and environmental objectives.
3. Compliance with Laws: Comply with all local laws and regulations related to establishing and operating companies in Dubai.
   For precise details on how to use the green residency to establish a company, it is preferable to consult the relevant government authorities or consulting offices specialized in establishing companies.

Advantages of Green Residence for establishing companies and investing in Dubai

Using the green residency to establish companies and invest in Dubai provides many advantages that enhance the chances of success and provide a work environment that supports sustainability. Here are the most prominent advantages:

1. Speeding up procedures: Green residency may provide facilitation in company formation procedures, including obtaining licenses and registration.
2. Exemptions from some fees: Green card holders may obtain exemptions or reductions in some government fees and commercial licenses in Dubai .
3. Stimulating environmental projects: Green residency contributes to encouraging and facilitating the establishment of projects that are in line with the principles of environmental sustainability, which supports companies that focus on innovation in this field.
4. Improved reputation: Companies that commit to sustainable environmental practices can enhance their reputation, attracting customers and investors interested in sustainability.
5. Expanding Business: Green Visa holders can explore opportunities to expand their business in Dubai by developing new branches or introducing innovative products and services.
6. Investment Opportunities: Dubai is an attractive destination for international investors, and the green residency provides them with the opportunity to invest in projects that promote environmental sustainability, opening new doors for financing and partnerships.
7. Stimulating long-term investment: Green residency encourages long-term investment by providing a stable and sustainable business environment.
8. Improved working environment: Environmental sustainability contributes to improving the quality of life in the city, providing a healthy and attractive working environment for talent.
9. Housing Benefits: Some green residency programs may include housing benefits such as rental accommodations or access to various services.
10. Supporting strategic objectives: Green residency supports Dubai Vision 2030, which focuses on achieving sustainable development and innovation across all sectors.
    Using green residency to establish companies and invest in Dubai can have a significant positive impact on business growth and achieving sustainability goals, enhancing companies’ ability to succeed in a competitive and evolving environment.

In conclusion, the green residency represents an important step towards achieving sustainable development and promoting environmental sustainability in various countries, including the UAE . This residency is considered a bridge that connects individuals and investors who are committed to sustainable environmental practices with available economic opportunities. By providing various benefits such as facilitating procedures, supporting environmental projects, and stimulating sustainable investments, the green residency contributes to building a healthy business environment that contributes to achieving sustainable development goals. The green residency is also part of a broader vision aimed at promoting innovation and growth in sustainable sectors, which contributes to improving the quality of life and enhancing the reputation of countries as leading centers in the field of sustainability. As green residency programs continue to evolve, they are expected to play an increasing role in attracting investments and strengthening partnerships that focus on achieving environmental sustainability goals.