UAE has established itself as a country of opportunities over the years. In fact, it has evolved into the ideal hub for individuals to thrive in with the introduction of Golden Visa.
The UAE is well-known for its world-class technology and innovative methods adopted to further the economy. With the addition of this newly introduced visa, there’s no doubt that the economy is only going to develop significantly hereon. The golden visa was introduced to motivate, provide opportunities and retain “talented people and great minds” in the country. This, as a result, will drive the economy to great heights.
Golden visa is long-term residency visas for certain categories of individuals. The visas are renewable and are valid for 10 years. Furthermore, the system allows UAE residents and foreigners to get long term residence visas without the need for a local sponsor. These categories of individuals include investors, entrepreneurs, specialized talents and others.
There are certain categories under which individuals can obtain the UAE golden visa. These categories include:
Golden visa offers the following advantages:
In order to obtain your golden visa in the UAE, you will be required to partake in the following steps:
It is no surprise that the economy is flourishing in the UAE. With the addition of golden visas in the picture, it’s the hub for individuals to thrive and accomplish so much more. The entire process of obtaining your golden visa might seem taxing, but we at GBS can help smoothen and speed up the process for you. We will take care of the entire process with the help of our expert business setup consultants and PROs.
Furthermore, we offer professional and affordable services for business setup in Dubai and other emirates in UAE. We have a team of experts to provide you with accounting services in UAE, VAT Consultancy, ESR services, Shared CFO, UBO Declaration, UAE Corporate Tax, AML in UAE and onshore (Free Zone) or offshore company formation in the UAE.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.