Residency permits, valid for 5 or 10 years depending on the category, allow expats to live, work, invest, and study in the UAE.
The UAE's Golden Visa program offers long-term residency to select categories of expats without needing a sponsor. Designed to attract and retain talented individuals, investors, and other key contributors, this initiative aims to enhance the country's economic and cultural landscape.
Categories Eligible for the Golden Visa:
- Investors
- Entrepreneurs
- Scientists
- Talents, Scholars, and Specialists
- Top Students and Graduates
- Pioneers of Humanitarian Work
- First Line of Defence Personnel
Residency Permit Duration
Residency permits under the Golden Visa program are valid for either 5 or 10 years, depending on the category. This encourages individuals to live, work, invest, and study in the UAE while enjoying various exclusive benefits.
Exclusive Benefits of the UAE Golden Visa:
- Multiple-Entry Visa:
- Foreigners seeking a UAE Golden Visa can obtain a multi-entry permit to finalize their residency procedures in the Emirates.
- Renewable Residence Visa:
- The Golden Visa includes a renewable 5- or 10-year residence visa, depending on the applicant’s category.
- Extended Stay Outside UAE:
- Golden Visa holders can stay outside the UAE for more than six months without invalidating their residency visa, unlike other residents who must return within six months.
- No Need for a Sponsor:
- Golden Visa holders do not require a guarantor or sponsor within the country.
- Family Residency Permits:
- The 10-year visa allows residence permits for family members, including spouses and children. The age limit for sponsored children has been increased from 18 to 25 years, and unmarried daughters have no age restriction. Residence permits are granted to children of determination, regardless of age.
- Unlimited Support Service Workers:
- Golden Visa holders can recruit an unlimited number of support service workers or house helpers.
- Family Member Residency After Death:
- In the event of the Golden Visa holder's death, family members can remain in the UAE for the duration of their residency permits.
Growing Demand for the Golden Visa
There is a strong and growing demand among foreigners for the UAE’s Golden Visa. The program offers several pathways for those interested in securing a 10-year residency without a job. Additionally, expats can explore four types of residency visas that allow them to work in the UAE.
For property buyers, the Golden Visa offers additional benefits, making it an attractive option for those looking to invest in the UAE. Expats can also obtain six types of non-work residency visas, further broadening the opportunities for living in the Emirates.
Stay informed with the latest updates on the UAE’s Golden Visa and explore the myriad opportunities it offers for long-term residency and investment in the UAE.
News Source: Khaleej Times
