ALL YOU NEED TO KNOW ABOUT UAE GOLDEN VISA
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The UAE being the ideal destination for work, investment, entrepreneurship, education, and life by introducing a restructuring of its entry and residence system.
GOLDEN VISA
The UAE provides the Golden Visa to international professionals such as investors, entrepreneurs, students and individuals with exceptional talents who work, innovate, and succeed in key sectors. One of the primary advantages of having a UAE Golden Visa is knowing that the UAE government is committed to providing a good future, particularly for investors from around the world looking to invest and reside in the UAE for an extended period of time.
UAE issued Golden Visas to outstanding students who have graduated from high schools and universities in the United Arab Emirates (UAE) in 2023.
Startup investors are eligible for the Golden visa if their company is registered in the UAE as an SME with annual revenues of AED 1 million (USD 272,29.4) or above.
Entrepreneurs can also obtain the Golden Residence if they meet one of the following criteria:
Golden visa holders can now sponsor their parents for a 10-year residency, with no deposit required if they present a certification as sole caregiver. The system also allows for easier sponsorship of spouses and children, as well as a five-year residency for first-degree relatives.
Also, there is Retirement visa which specially crafted for investors above the age of 55 who wish to retire under Dubai’s beautiful sunshine. This 5-year long visa is applicable for individuals who invest in a property worth AED 2 million, or own accumulated savings worth of AED 1 million, or have an active monthly income of at least AED 20,000.
Marina Lux Real Estate LLC is a leading real estate agency specializing in buying, selling, investing, renting, and leasing properties.
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