UAE Golden Visa

In 2019, the United Arab Emirates debuted its celebrated UAE Golden Visa Program with the aim of bolstering the economy by drawing to the country global leaders in business, finance, tech, and the arts. To encourage foreigners to reside in (and therefore positively contribute to the UAE development, the government offered residency for investment at the minimum price of AED 5,000,000. Building on the success of its original format while also looking to strategically widen the scope of the UAE Golden Visa Program to attract a more diverse array of would-be residents, in April 2022, the decision was made to reduce the initial minimum investment price to 2,000,000 AED.

Today, the UAE Golden Visa program continues to attract investors due to, among other advantages, its comparatively simple application process. Applicants may begin the application process from anywhere in the world. When they are judged to have met the UAE Golden Visa requirements, they are issued a six-month multi-entry visa to the country, which enables them to enter and remain in the UAE for the final stages of their application. Having met the requirements, successful investors are granted “Golden Residence;” a permit for residency that enables them to live in the country for either 5 or 10 years depending on which category of visa they pursue. UAE Golden Visa holders who continue to responsibly meet the program’s requirements and desire to maintain their residency past the initial period they selected may do so by renewing their residency (for the duration that corresponded with their originally selected visa category). A Golden Visa recipient is empowered to reside, work in the UAE, attend its world-renowned universities, and/or invest in the country. These privileges are also extended to the applicant’s eligible dependent family members.