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European Union (EU) has adopted the EU Blue Card directive which allows highly skilled Non- EU nationals to live and work in Europe
Every individual EU nation has been given two years to implement this directive into a law. Though none of the EU nation has implemented it, it is expected to become law soon.
EU Blue Card similar to American Green Card is intended to facilitate non-EU nationals access to the EU Labour Market and entitle them to socio-economic rights and favourable conditions to bring in their families and move across EU
The admittance criteria for the EU Blue Card concern the following:
The Gross Monthly Income shall not be less than 1.5 times the average monthly income in the EU members state.
Any non-EU national to apply for EU Blue Card needs to apply for an open position in his chosen EU country (except for Great Britain, Ireland and Denmark).
The EU nation has 90 days to decide upon the application.
Successful visa applicants admitted under the Blue Card scheme will receive a special residence and work permit, entitling them to EU residential and economic rights and favourable conditions for bringing along family members.
Access to the labour market in the country where the Blue Card is issued will be restricted for a minimum of two years after which holders of the card can move to another Member State for highly qualified work.
Workers on the Blue Card can add up periods of residence in different Member States to obtain long-term EC residence, enabling them to buy a house, run a business, have investments, travel, obtain credit, get a driving license etc. in the EU.