The United Arab Emirates (UAE) has emerged as leading tourist and investment destinations in a short span owing to its business friendly and tourism policies.
It also offers various job opportunities to foreign nationals, including Pakistanis. It hosts nearly 1.8 million Pakistani nationals, making a significant portion of the UAE population.
The UAE also offers the Golden Visa to Pakistan and citizens of other countries on investment of a certain amount in banks.
What is the UAE Golden Visa?
The Golden visa is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits. Investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian pioneers and frontline heroes are among those eligible for the Golden visa.
Minimum Deposits in UAE Banks Required for Golden Visa
Many banks in the UAE attract minimum value of 2 million Dirhams in banks deposits for a minimum period of two years. Following the investment, the banks issue a letter of evidence to facilitate the long-term Golden visa for residency in the UAE.
Local banks facilitate their clients to get long-term visas upon depositing Dh2 million.
