What is a UAE Golden Visa?
The UAE is one of the most attractive business destinations worldwide. UAE Residence by Investment is aimed at providing long-term residence to foreign investors, entrepreneurs, and talented individuals including specialists, students, and researchers who make a significant investment in the country. A UAE Golden Visa is a type of visa that allows foreign investors to live and work in the United Arab Emirates.
Who can apply for the UAE Golden Visa?
Scientists and Professionals
Outstanding students and graduates
Benefits of the UAE Golden Visa
There are several benefits to having a UAE Golden Visa, including:
5-10 years of renewable residence visa.
Safe, secure environment.
Among the top 30 countries in the world for ease of doing business.
There is no maximum limit to applying for domestic workers' visas/work permits.
High standard of services and good quality of life.
No sponsor or employer is required.
Good value from real estate investments.
A streamlined and efficient residence permit system.
Gateway to Africa and the Middle East, Asia, and Europe due to the country's strategic geographic positioning.
Applicant's spouse and unmarried children, one executive director, and one advisor may be added at no additional investment.
The residence visa is granted to family members of visa holders, including spouses and children, with no age limit.
Favourable tax regime for investors — with no personal income, capital, net worth, or withholding tax (except for those levied in the domestic banking and oil sectors), and several double-tax treaties in place.
The limitation period to stay outside the UAE does not apply for the visa holders; i.e., the visa is not cancelled if the holder lasts outside the country for more than six months.
The UAE Golden Visa is an excellent way to gain residency in the UAE. There are many reasons to apply for a UAE Golden Visa, but the most important ones are that it gives you the opportunity to live and work in the UAE, it gives you tax-free status, and it gives you access to healthcare and education.
If you are looking to know more about the UAE Golden Visa program, get in touch with Adler & Partners now!