Wanna know all about the Golden visa?
Dubai attracts migrants from all over the world, with more than 200,000 new arrivals each year. The large supply of attractive housing units, high salaries and low taxes motivate many people to move to Dubai. In fact, only 15% of the city’s residents are Emirati – the rest are migrant workers and expats.
Many major international corporations have an office presence in Dubai, providing many job opportunities for expats and when you think of Dubai, what images does your mind conjure up: shiny skyscrapers, picturesque beaches, rich Sheikhs?
The United Arab Emirates is increasingly becoming a hotspot for ex-pats looking to move somewhere they can succeed not just professionally but grow personally too. No matter whether you are looking to relocate for work in Dubai, Abu Dhabi, or one of the lesser-known Emirates, they all offer many great benefits.
Once you decide to make the move, like many of our customers, you’re unlikely to regret it. We are certain the UAE is a fantastic place to live and work…
So, what’s all this hype regarding the golden visa?
Since its implementation in 2019, the UAE Golden Visa system has generated quite a buzz among people with plans of securing permanent residency in the United Arab Emirates.
The Golden Visa system allows foreign nationals to live, work, conduct business and study in the UAE without requiring a national sponsor. Foreign business owners and investors are also allowed 100 percent ownership of their business within the UAE. These visas will be issued for 5 or 10 years and will automatically be renewed.
It offers long-term residency (5 and 10 years) to people belonging to the following specified groups; investors, entrepreneurs, individuals with outstanding talents the likes of researchers, medical professionals and those within the scientific and knowledge fields, and remarkable students.
What is the Thrive in Abu Dhabi initiative?
The Thrive in Abu Dhabi initiative is essentially a long-term visa citizenship program with the aim of encouraging foreign professionals, students, and investors to make Abu Dhabi their home as a part of the permanent residence program.
The most common type of long-term residence visa issued is the UAE Investor Visa, which requires that the applicant invests a substantial amount of money in UAE to qualify.
Recently, India’s eminent actor Sanjay Dutt expressed gratitude to the government of UAE on receiving a golden visa for the United Arab Emirates (UAE).
VisaMint is the one-stop visa agency for all types of visa services concerning Dubai. Get ready to settle in UAE or visit UAE with adept guidance from VisaMint, #1 immigration and overseas career expert agency in Hyderabad that provides efficient and effective legal & professional guidance to invest, work, migrate, study or travel overseas. Our expert agents will remove all the fuss in visa procedures of Dubai and find your most suitable destinations to settle or enjoy your vacation!
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