Top 10 benefits of Golden Visa in Dubai, UAE
The United Arab Emirates has initiated the issuance of long-term resident visas for certain groups of individuals. In addition to the classic resident visa for one or two years, the government offers a special program that extends these benefits - the Golden visa. It is designed to attract high-class professionals, businessmen and investors to the region. Therefore, they can count on a number of unique benefits that will make life in the country easier, more convenient and more pleasant.
1. Extended visa validity period
It gives an opportunity to forget about visa renewal for ten years, which can become the basis for personal and professional growth. It is also convenient for those who have already decided to stay in the UAE for a long time.
2. Extended sponsorship opportunities
With a long-term visa you can bring all family members to the country: husband/wife, parents and children. Having legalized yourself, you can arrange visas for your family members, acting as a sponsor for them. It is also convenient that with the help of a sponsor visa you can arrange domestic staff: cook, driver, nanny, etc.
3. No requirement to have a local sponsor
Unlike most countries, there is no need for a local sponsor to live in the UAE for a long period of time on one of the grounds.
4. Expanded banking facilities
Residency holders are entitled to open accounts at prestigious local banks and hold deposits in major world currencies, using them for international payments. Banking privileges for Golden Visa holders include:
- The ability to place deposits (AED 2 million for 2 years) in personal accounts rather than through the central bank or national funds, earning a good return. After 2 years, the deposit can be withdrawn without affecting the residence permit.
- Some banks offer reduced mortgage rates and attractive deposit rates.
- Easy financial management through an app or mobile banking - approval for various financial services is almost instantaneous.
- Fast international transfers of any amount within the law.
- Use of bank cards for payment and cash withdrawal anywhere in the world.
5. Opportunities to combine different business activities
Residency for ten years is not a barrier to employment or doing business in the Emirates. You are free to start your own business or act as a qualified specialist in one of the local companies.
6. Absence of most of the usual taxes
Loyal tax policy allows you not to pay taxes on capital gains, income from real estate, inheritance, etc., which allows you to significantly save money, and also creates favorable conditions for your development in different directions.
7. Global mobility
In addition to the possibility of multiple entry, you will not need to stay permanently in the country. You can freely leave and live on the territory of other countries, if necessary, or visit relatives, travel a lot. To confirm your status, it is sufficient to enter the region once every six months.
8. Quality healthcare
One of the significant advantages of living in the Emirates is access to a modern healthcare system. It guarantees quality medical check-ups, top-notch specialists and convenient digital platforms for making appointments and communicating with doctors. Compulsory insurance guarantees you and your family's health and safety.
9. Unique Privilege Card
Access to the exclusive Esaad card is a guaranteed perks at 7,000 local and international establishments. It allows you to save significantly in the areas of dining, fashion and beauty, traveling, etc. The Esaad card is recognized in 92 countries, which is a nice bonus for Golden Visa holders who travel frequently.
10. Несколько вариантов оформления визы:
- The most popular option is to invest in real estate in the country for an amount of AED 2 million or more.
- Talent visa for individuals recognized by exceptional award, certificate or qualification confirmed by the relevant authorities. These can be doctors, scientists, athletes, artists, etc.
- Making a deposit in a bank of AED 2 million or more.
- Having an official salary of AED 30,000 or more.
Since the UAE is one of the most stable and safe countries for living and doing business, most investors and talented people want to stay here for a long time. With the Golden Visa program, you can work and do business in the region while enjoying a luxurious lifestyle and a safe place for yourself and your family. Openbiz experts will find the right legalization basis for you and help you submit the necessary documents to the government authorities for successful visa processing.
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