The UAE Golden Visa is a long-term residency visa that was introduced by the UAE government in 2019. It is designed to attract foreign investors, entrepreneurs, and talented individuals who can contribute to the country's economic growth and development. The Golden Visa allows eligible individuals and their families to live and work in the UAE for a period of 10 years, depending on the type of visa they qualify for. It also offers several benefits, such as the ability to open a bank account, buy property, and sponsor family members for visas.
To be eligible for a Golden Visa, individuals must meet certain criteria, such as having a valid passport, passing a security background check, and meeting specific investment or professional requirements. Some of the categories that qualify for the Golden Visa include investors, entrepreneurs, talented individuals in the fields of science, art, and culture, as well as executives and high-level professionals in certain industries.
UAE real estate market is booming in past few decades and there is surely need for it as well to cater the expanding business activities in the country. Recently 10 year golden VISA has been introduce to attract residency.
Much anticipated for UAE Professional Executives, UAE has introduced 10 years Golden VISA for executives who are working in UAE with salary of AED 30,000 or more. Click here to know more details.
UAE is also offering Golden VISA for capital investors for those holding a minimum of AED 2 million in public investments within the UAE, such as stocks, bonds, or an investment fund such a fixed deposit.