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Dubai Real Estate News For Investors

UAE Golden Visa: A Pathway to Long-Term Residency for Global Talent and Investors

30 Oct 2024

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Send us a textWant to know more? 📞 +971553523125✉️ [email protected] UAE’s Golden Visa program offers a pathway to long-term residency for talented professionals, investors, and individuals across fields like science, sports, and culture. Key benefits include multiple entry permits, extended residency, tax-free income, and the ability to sponsor dependents without needing a local sponsor. The program is particularly appealing for entrepreneurs and investors, as it facilitates business activities in the UAE.Professionals, particularly those in high-demand fields, are eligible if they hold a valid employment contract in a high-ranking job (classified as Level 1 or 2 by the Ministry of Human Resources) and earn at least Dh30,000 monthly. Requirements for these applicants include attested degrees, bank statements showing monthly salary deposits, a No Objection Certificate from their employer, health insurance, and a Golden Visa nomination letter from relevant UAE authorities.Applications can be submitted via the GDRFA portal in Dubai, ICP website, or approved service centers. Fees vary depending on the method and length of residency. For specific categories, such as athletes or digital talent, a nomination letter from corresponding authorities (like the Dubai Sports Council) is essential for eligibility.Beyond professionals, the Golden Visa targets investors, entrepreneurs, and even top students, PhD holders, doctors, engineers, and private sector educators who have demonstrated exceptional contributions. Dubai’s additional “Gaming Visa” also aims to attract top-tier gaming industry professionals globally, emphasizing the UAE’s commitment to innovation and talent attraction. Overall, the UAE’s Golden Visa program supports the country’s goal of positioning itself as a global hub by offering a secure and appealing living environment, competitive benefits, and residency incentives for highly skilled individuals and investors.Want to know more? 📞 +971553523125✉️ [email protected]

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