UAE Golden Visa
Koyasco Global enlightens you on everything related to Uae Golden visa
The United Arab Emirates is one of the most advanced nations in the world. The world-class infrastructure, high standard of living, massive culture, and diversity make it the most habitable place. While the reasons may be many but UAE is popularly known to be immigrant-friendly and has accepted people from all parts of the world. With the leading urbanization, the cities like Dubai and Abu Dhabi are considered the places with the greatest opportunities in all aspects.
Well, for many such reasons the government of UAE has provided endless options for foreigners. And one such golden opportunity lies in the Golden Visa of UAE which enables foreigners & immigrants to live, work and travel across the country for 10 years making it an amazing long-term residency visa of all time.
The advantage of the UAE golden visa has been no surprise for you or anyone and we are sure there must be a pile of questions you need an answer for! So, let’s get started with one of the most asked questions regarding the UAE Golden Visa.
Who can apply for UAE Golden Visa?
The UAE Golden Visa was mainly introduced to attract the best personalities from the world such as sports, arts, culture, medicine, law innovation personnel and in many other fields from all parts of the world. To be precise, not just the above field but many others can acquire the UAE golden visa and that is mainly via investment, attracting entrepreneurs, job creators, businessmen and other professionals across the world.
The eligibility criteria for the UAE Golden visa remain simple and clear-cut to its demands, and since we are primarily talking of UAE Golden Visa by investment let’s look into the eligibility criteria one needs to possess to be awarded this:-
- Minimum mandated Investment of 2 million AED or more.
- Investment in off-plan or complete projects/properties (2 million AED min.) from locally approved real estate ventures.
- An investment via a loan from a specified local bank.
Note:- For professionals, one must have a valid employment contract in the country besides other required documents which are obligatory for all applicants. The benefits are exceptionally rewarding and to the utmost of all professionals, start-up owners, businessmen, and entrepreneurs.
As we have learned about the eligibility criteria for the UAE golden visa let’s look into some of the greatest benefits you can have with it:-
- What are the benefits of the UAE Golden Visa?
- Have a self-sponsored visa.
- No visa nullification is required even while being outside of UAE.
- It is a long-term visa with a validity of 10 years.
- An unlimited number of Domestic Helpers can be sponsored.
- Acquire an Esaad Privilege card.
- Great Health & education system.
- Exceptional Benefits to the family as well.
What is the latest addition of rules and privileges for UAE Golden Visa Holders?
- The expansion of eligibility categories has been made concerning the UAE Golden visa and there are additional permits, benefits and visas provided to accommodate family, and other foreign nationals.
- The power of the family to reside in UAE for the complete duration of their golden visa residency even though the visa holder himself/herself passes away.
- The minimum threshold for the sum of investment has been lowered to 2 million AED.
- A grace period of six months is granted post the validity of the Golden Visa.
- An unlimited number of domestic helpers can be sponsored by a Golden Visa holder.
Well, with the latest upgrade in rules for the benefit of Golden Visa holders, we can see that the future holds endless possibilities in one of the most advanced gulf countries of the world. So, invest now and get your UAE Golden Visa as we seek to guide you at every step ahead because a golden opportunity should never begone.
We have answered some of the most asked questions for you, and if you have more, comment below and we will surely get back to you ASAP.
Koyasco Global- where investment never goes wrong.