UAE Golden Visa

The Golden Visa was invoked by the government of the United Arab Emirates in 2019,[1] under Cabinet Resolution No.56 of Organization of Residence Permits for Investors, Entrepreneurs and Professional Talent, 2018.[2] The UAE Golden Visa costs US$136,000 for investors.[3] The Golden Visa provides numerous advantages tailored for affluent and proficient individuals. Valid for a period of 5 to 10 years with an automatic renewal option, the visa is designed to further the UAE's diversification efforts, diminishing reliance on oil while enhancing industries such as technology, education, and healthcare. This program is in harmony with the UAE's objective to establish itself as a premier international center for business and skilled professionals.[4]

References

  1. ^ Bell, Jennifer (16 February 2023). "UAE Golden Visa: Are you eligible and how do you apply?". Al Arabiya. Retrieved 21 February 2023.
  2. ^ "Golden Visa UAE". Future Vision. Archived from the original on 2021-12-15. Retrieved 2021-12-15.
  3. ^ Gokulan, Dhanusha. "More investors seek second passports, UAE Golden Visas amid global headwinds". Gulf News. Retrieved 21 February 2023.
  4. ^ Singh, Surbhi (9 August 2024). "Dubai's Golden Visa: Here's why India's richie rich are moving to UAE". Business Standard. Retrieved 21 October 2024.