What Is Golden Visa?
The United Arab Emirates (UAE) has long been recognized as a global hub for business, tourism, and innovation. In recent years, the country has introduced a special residency program known as the “UAE Golden Visa,” which has attracted significant attention from investors, entrepreneurs, and high-net-worth individuals around the world. This program offers a unique opportunity for foreign nationals to obtain long-term residency in the UAE and enjoy various benefits. In this article, we will explore what the UAE Golden Visa is, who is eligible for it, and why it has become such a sought-after immigration option.
To qualify for the Golden Visa as an investor, individuals must meet certain financial criteria. They are typically required to make substantial investments in one of the following categories:
Invest a minimum of AED 5 million in property.
Invest a minimum of AED 10 million in a new or existing UAE company.
Maintain a deposit of at least AED 10 million in a UAE bank.
Launch a project with a capital investment of no less than AED 500,000. The project should be innovative and contribute to the UAE’s economy.
Highly skilled professionals in certain fields such as medicine, science, engineering, and art may also be eligible for the Golden Visa. They should have a valid employment contract in a UAE-based company in one of the designated fields.
Entrepreneurs who meet specific criteria, such as having a successful track record of establishing businesses and a minimum capital investment, can also apply for the Golden Visa.
Individuals with exceptional talents and expertise in various sectors, including sports, culture, and art, can be considered for the Golden Visa.