Posted on May 28 2021
On May 26, 2021, Bollywood Actor Sanjay Dutt took to Twitter to announce that he was “Honoured to have received a golden visa for the UAE”. Implemented in 2019, the UAE Golden Visa is a long-term residence visa for the United Arab Emirates.
Abu Dhabi in the UAE was found to be among the Top 10 Best Cities for Expats in 2020, as per InterNations Expat Insider surveys.
Dubai has granted 212 Golden Visas to doctors amid COVID-19. To be renewed automatically, a Golden Visa for the UAE is issued for 5 years or 10 years. UAE Golden Visa allows foreign nationals to live, study, or work in the UAE without the requirement for a national sponsor. Those moving to the country on a UAE Golden Visa will also have 100% ownership of their businesses in the UAE mainland.
Who is eligible for a UAE Golden Visa? | |
Those eligible for the Golden Visa for the UAE include – · Specialized talents · Researchers · Exceptional students, with promising scientific capabilities · Entrepreneurs · Investors | |
Eligibility for the 10-year visa | Eligibility for the 5-year visa |
1. Investors in public investments of a minimum of AED 10 million 2. Individuals with specialized talents or researchers [in science and knowledge]. For example, · doctors · specialists · scientists · inventors · creative individuals in art and culture | 1. Investors in a property in the UAE 2. Entrepreneurs 3. Outstanding students [families included] |
The eligibility for the UAE Golden Visa had been extended in keeping with an official announcement made to the effect on November 15, 2020. The benefits of the UAE Golden Visa extend to include the spouse as well as children of the main applicant. The long-term visa for the UAE also includes the families of the outstanding students. Earlier, the Dubai Retirement Visa was announced, targeting individuals 55 years and above in age that wish to settle in Dubai after retirement. If you are looking to Work, Study, Invest, Visit, or Migrate to Canada, talk to Y-Axis, the World’s No. 1 Immigration & Visa Company.
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