Is it necessary to cancel the work permit to obtain a golden visa?

Dear Questioner,

The work permit is not canceled, only the citizenship and residency are canceled.

Hello,

Your current employment contract must be canceled and a new one must be issued. This is because the golden visa is tied to a specific job and employer.

Dear Client,

Thanks for your question! I hope you are doing well. I will assist you in this matter.

To convert your employment visa to a golden visa, it's generally necessary to cancel your existing labor contract, as the golden visa is typically for retirees, investors, entrepreneurs, or skilled professionals rather than individuals employed under regular work contracts.

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ABDUL WAHIED

Dear Questioner,

Ask MOHRE for the updated rules.

Dear Questioner,

Consider seeking advice from the General Directorate of Residency and Foreigners Affairs (GDRFA) to navigate the specific steps in this scenario.

Explore alternatives such as temporary leave, establishing a new contract with identical terms, or engaging in negotiations with your employer to achieve flexibility.