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. The visa is different to other residence visas.[2] The UAE Golden Visa costs US$136,000 for investors.[3] 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. According to the government, this program is in harmony with the UAE's objective to establish itself as a premier international center for business and skilled professionals.[4]

In 2025, the Golden visa underwent a number of changes. People are to pay AED100,000 when they apply for this visa. This will also be valid for life.[5]

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.
  5. ^ https://indianexpress.com/article/how-to/uae-golden-visa-2025-apply-for-lifetime-residency-without-investment-10111802/


This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.