UAE Golden Visa: All you need to know about benefits, requirements and eligibility

The UAE Golden Visa program offers many benefits to eligible investors, including residency, citizenship, and a host of other privileges. If you’re thinking of investing in the UAE, it’s important to know all the ins and outs of the program so that you can make the most of your investment. Let’s take a look at some of the key things you need to know about the UAE Golden Visa program.

What is the UAE Golden Visa Program?

The UAE Golden Visa program is a residency-by-investment scheme that was launched in May 2019. The program offers eligible investors a range of benefits, including residency, citizenship, and a host of other privileges. To be eligible for the program, investors must make a minimum investment of AED 10 million (approximately US $2.72 million) in one or more of the following: 

-A property in the UAE 

-An established business in the UAE 

-A start-up company in the UAE 

-An investment fund in the UAE 

 Once an application is approved, investors will be granted a five-year residency visa. After five years, investors can then apply for citizenship or permanent residency. 

What are the benefits of the UAE Golden Visa Program? 

The UAE Golden Visa offers a number of benefits to its holders, including: 

– Multiple-entry visas: Holders of the UAE Golden Visa are allowed to enter and exit the country multiple times. 

– Access to healthcare: The visa provides holders with access to public healthcare in the UAE. 

– Access to education: The visa allows holders’ children to attend public schools in the UAE. 

– Residency for family members: The visa holder’s spouse and children under the age of 18 are also eligible for residency in the UAE. 

Eligibility for the UAE Golden Visa 

To be eligible for the UAE Golden Visa, investors must meet one of the following criteria: 

– Invest AED 10 million or more in a business in the UAE 

– Invest AED 10 million or more in property in the UAE 

– Deposit AED 10 million or more in a bank account in the UAE 

– Be employed in a senior position with an annual salary of AED 20 million or more 

 In addition, as mentioned earlier, after five years investors can apply for either citizenship or permanent residency. Those who choose citizenship will enjoy all the rights and privileges that come with being a citizen of the UAE, including holding a passport from one of the world’s most powerful countries. 

Conclusion

 It’s an excellent way to get started on your journey to becoming a resident or citizen of this amazing country. The UAE offers a golden visa program for investors and entrepreneurs. This program provides many benefits, including residency, citizenship, and investment opportunities. 
 So if you’re thinking of making an investment in the UAE, whether it’s for business or personal reasons, then be sure to look into the UAE Golden Visa program also you can check out overseas golden visas likewise in European countries.