The United Arab Emirates (UAE) has become a magnet for international investment. With its strategic location, thriving business environment, and luxurious lifestyle, the UAE offers a wealth of opportunities for foreign investors. To attract further investment and talent, the UAE government introduced the Golden Visa program in 2019.
The Golden Visa is a long-term residency permit that grants significant benefits to eligible individuals. This guide explores how investors can leverage the golden visa dubai program through property investment, business ventures, and other avenues.
Golden Visa UAE: Benefits and Eligibility
The Golden Visa offers a ten-year residency permit, allowing you to live, work, and study in the UAE without the need for a local sponsor. This visa comes with additional advantages, including:
- Multiple entry visas for six months to facilitate the residency application process.
- The ability to sponsor family members for residency.
- Exemption from certain residency requirements for extended absences from the UAE.
- Potential path towards UAE citizenship (subject to meeting specific criteria).
Several categories of individuals are eligible for the Golden Visa program, including investors, entrepreneurs, talented professionals, and outstanding students. This guide focuses on the opportunities for investors.
Golden Visa Through Property Investment
Investing in UAE real estate is a popular path to obtaining the golden visa uae. The minimum investment amount varies depending on the desired visa duration:
- 2-year visa: Invest a minimum of AED 750,000 (approx. USD 204,000) in freehold property.
- 5-year visa: Invest a minimum of AED 2 million (approx. USD 545,000) in property (single property or combined value of multiple properties).
- 10-year visa: Invest a minimum of AED 2 million (approx. USD 545,000) in property, with the additional condition of holding the property for at least three years.
Golden Visa Through Business Investment
The UAE Golden Visa program also welcomes investors who establish or participate in businesses within the country. Here are two main pathways:
- Investment in a Public Fund: Invest a minimum of AED 2 million (approx. USD 545,000) in a UAE-based investment fund.
- Setting Up a Business: Establish a company in the UAE with a minimum capital of AED 2 million (approx. USD 545,000) entirely owned by you.
Beyond Property and Businesses
The Golden Visa program offers additional options for investors with exceptional skills or achievements. These categories include:
- Investors in specific sectors identified by the UAE government as strategically important.
- Individuals with a proven track record in innovation.
Getting Started with the Golden Visa
For a successful golden visa application, it's crucial to understand the specific requirements and procedures. Consulting with an immigration professional is recommended to navigate the application process and ensure you meet all the criteria.
The UAE Golden Visa program presents a compelling opportunity for investors seeking a long-term residency option in a dynamic and prosperous nation. With its combination of business-friendly policies, world-class infrastructure, and an exceptional lifestyle, the UAE offers a promising future for those who qualify for the Golden Visa.
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