The UAE has a strong economic and innovation record. The country has shown its efficiency and established itself as an innovative commercial complex. It offers excellent business prospects and decent conditions for a good life.
Table of Contents
Overview of the UAE Golden Visa Program
The residence document, which allows investors and intellectually gifted foreigners to work, study, and live in the state’s territory, is long-term. Unless you are exceptionally talented, the easiest way out is to invest. Applicants who want to achieve the desired goal must purchase real estate worth at least 2,000,000 AED and tax. Applicants obtain a five-year residency permit if approved.
Dubai Golden Visa program offers several advantages:
- you do need to invest, but the conditions for investors are very attractive;
- you can extend your stay outside the UAE beyond the usual six-month limit to preserve the validity of the document;
- regardless of age, you can include your husband and children in the program.
The list of privileges goes on and on, depending on the conditions and social class.
Criteria and Eligibility for UAE Golden Visa
The program is aimed at different social classes who wish to obtain a permit document for residence in the UAE. In particular, for:
- owners of unique talents;
- investors;
- progressive students and graduates;
- scholars and professionals;
- heroes on the front line.
There are other types of visas for those who apply for UAE residency by investment, which can be obtained subject to a minimum investment of UAE AED 1,000,000. For example, one or more completed properties with a total value of at least AED 2,000,000.
Pathways to UAE Citizenship for Expatriates
Filing documents will be easy with the help of the Immigrant Invest specialists. According to the list, you submit the necessary documents, and the company’s lawyers handle the translation and notarization. You obtain a six-month visa to study offers for investment, undergo a medical examination, and apply for a visa.
You make a financial investment on the eve of filing with all the necessary accompanying documents. Once the investment is finalized, you can start the process. The application is registered in Abu Dhabi or Dubai. You can also apply online through a specific portal.
After completing the process, you will receive a text notification about the application processing stage. If you do not have the required documents, you must provide them within 30 days. Otherwise, the application will be canceled.
The investor and family members over 18 undergo a medical examination at a UAE clinic to rule out dangerous infectious diseases and obtain a health certificate. Then, accompanied by Immigrant Invest lawyers, the visa documents and biometric data are submitted to the General Directorate of Foreigners’ Residence. The issue is considered for five to seven days.
“Golden” passes are issued for 5 or 10 years. If the conditions are maintained throughout the period, they can be extended for a similar period.
Benefits of Obtaining the UAE Golden Visa and Citizenship
Approved applicants have several privileges. In particular:
- Investors and their families move to live in one of the developed and richest countries in the world – the UAE. This opens up the prospect of traveling to any corner of the world.
- Income, capital, gifts, and property are exempted from tax. Corporate tax in UAE will be lower than in many other countries
- Investors can open accounts in any currency. They are also suitable for savings and international transfers.
- Residents must obtain a UAE driver’s license to drive a car in the city.
- Children can attend schools or universities, international schools are available in the country, and higher education is predominantly in English.
- Visa allows receiving professional medical care. UAE is an international metropolis of medicine. Dentists, orthopedists, dermatologists, and reproductive specialists are widely known and highly valued.
According to specialist Vladlena Baranova, visa holders who have lived in the country for 30 years can apply for naturalization and get citizenship in UAE. However, citizenship can be obtained for certain merits.
Conclusion
Life in this country offers a unique experience to those who live there. One of the key features is the high standard of living, characterized by the strongest infrastructure, technology, premium real estate, and efficient and effective services. UAE Golden visa is a right to live for all tastes and preferences. The iconic skyscrapers of Dubai, the pristine beaches of Abu Dhabi, and the Bohemian charm of Sharjah are in front of you. The country hosts cultural events, exhibitions, conferences, and sporting events.
Thanks to the program, you can accelerate your path to success and achievement by moving to live in the UAE and taking full advantage of the benefits. In addition, there is a real opportunity to expand your international migration and open new horizons and perspectives for yourself and your family. You will complete the task much faster if you seek help from specialists. At the same time, you will save a lot of time and money because you will not have to resolve unnecessary issues. Such cooperation guarantees 100% results.