The United Arab Emirates (UAE) has solidified its position as a financial hub, attracting wealthy investors and migrants with its direct real estate opportunities and streamlined visa processes.
One notable initiative is the Golden Visa, a long-term residence permit offering exclusive benefits to eligible individuals.
The Golden Visa is accessible to a diverse range of individuals, including investors, entrepreneurs, scientists, outstanding students, graduates, humanitarian pioneers, and frontline heroes.
Each category has specific eligibility criteria tailored to their respective fields.
Holders of the Golden Visa enjoy a range of exclusive benefits, such as:A six-month entry visa with multiple entries for residence issuance
A long-term, renewable residence visa is valid for 5 or 10 years.
Freedom from the requirement of a sponsor.
Extended stay outside the UAE without compromising visa validity.
Sponsorship privileges are available for family members, including spouses and children of all ages.
The ability to sponsor an unlimited number of domestic helpers.
A provision allowing family members to stay in the UAE until the end of their permit duration in case of the primary holder’s demise.
Golden Visa Requirements:
Requirements vary based on the type of residence sought. Notable categories include:
Investors in public investments:
Investment in an accredited UAE investment fund
A deposit of AED two million or a valid commercial or industrial license with a capital not less than AED two million
Annual government payments of no less than AED 250,000.
Real Estate Investors:
Ownership of properties valued at not less than AED two million
Property purchase through a loan from specific local banks approved by the competent local entity.
Ownership of an economic project of a technical or future nature based on risk and innovation.
Approval letters from relevant authorities, including an auditor, emirate authorities, and an accredited business incubator in the UAE
Outstanding Specialized Talents:
Individuals in fields such as medicine, science, the arts, sports, and engineering
A 10-year Golden Visa after meeting specific criteria related to their expertise.
Conclusion: The Golden Visa in the UAE presents a unique and attractive opportunity for individuals across various domains. With tailored requirements for each category, it reflects the UAE’s commitment to fostering economic growth, innovation, and talent retention.
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