The UAE's Golden Visa program offers certain categories of expatriates long-term residency without a sponsor. This initiative aims to attract and retain talented individuals, investors, and other key contributors to the Emirates, thereby enhancing the country’s economic and cultural landscape.
The Golden Visa is available to various groups, including investors, entrepreneurs, scientists, talents, scholars, specialists, top students, and graduates, pioneers of humanitarian work, and first-line defense personnel. The residency permits under this program are valid for either 5 or 10 years, depending on the category, and are designed to encourage individuals to live, work, invest, and study in the UAE. Here are the exclusive benefits of the Golden Visa:
1. Multiple-entry visa: Foreigners seeking the UAE Golden Visa can obtain a multi-entry permit to finalize their procedures in the Emirates. This flexibility facilitates the transition and establishment process for new residents.
2. Renewable residence visa: The Golden residency includes a renewable 5- or 10-year residence visa, depending on the category. This offers long-term stability and security for visa holders and their families.
3. Extended stay outside UAE: Traditionally, UAE residents were required to return to the country within six months of exiting, or their residency visa could be invalidated. Golden Visa holders, however, can stay outside the UAE for over six months without the need to re-enter the country within that timeframe, providing greater freedom and flexibility for international travel and business.
4. No need for a sponsor: Golden Visa holders do not require a guarantor or sponsor within the UAE. This independence enhances their ability to engage in business and personal activities without relying on local sponsorship.
5. Family residency permits: The 10-year visa allows for the issuance of residence permits to family members, including the spouse and children. The age limit for sponsored children has been increased from 18 to 25 years, with no age restriction for unmarried daughters. Residence permits are also granted to children of determination, regardless of their age, ensuring family unity and support.
6. Unlimited support service workers: There is no maximum limit on the number of support service workers or house helps that a Golden Visa holder can recruit, providing significant convenience and assistance for daily living.
7. Family member residency after death: In the event of the death of the breadwinner holding the Golden residency, family members can remain in the UAE for the duration of their residency permits, ensuring stability and security during difficult times.
The demand for the UAE’s Golden Visa continues to grow among foreigners. This programme is an attractive option for those looking for long-term residency, coupled with numerous benefits, fostering a thriving expatriate community in the Emirates.
