Because of the great desire to invest in or reside in the Emirates, the UAE has introduced very important visas for investors and those wishing to live there. One of the most important of these visas is the golden residency. This residency allows people to settle in Dubai for long periods of time, meaning it makes doing business much easier for them. For this reason, in the lines of this article, we will talk about some important information about golden residency in the Emirates. Continue reading with us to learn about it.
What is golden residency in the UAE?
Golden residency in the UAE is considered one of the long-term visas in the country. This residency allows foreign investors to live, study or work within the Emirates, for a period of up to 10 years. In addition, it eliminates the need to apply for a separate tourist visa. Not only that, but this residency provides its holders with some important additional advantages, which we will talk about in the following paragraphs.
Advantages of golden residency in the UAE
Among the most important advantages that Golden Residency offers to its holders are the following:
- The holder of this visa is exempt from having his residence status affected by more than 6 months spent outside the Emirates.
- This visa allows you to access the UAE market easily.
- No sponsor or employer is required to obtain it, which makes the process much easier.
- Children of this visa holder are exempt from many of the same rules as their parents.
- This residency can be renewed every 5 or 10 years, meaning it is ideal for those wishing to live for long periods.
- The welder can apply for Emirati citizenship, while maintaining the citizenship he holds.
- The possibility of living, working or studying in the Emirates for long periods.
- Obtaining many government benefits, in terms of legal, educational, health, etc.
- The holder of this visa is exempt from income and property taxes in the UAE.
- The duration of the visa is up to 10 years, and it can be renewed.
- It is possible for the visa holder to bring his family with him to the UAE.
Who is entitled to this residency?
Anyone belonging to the following categories can obtain golden residency in the UAE:
- Investors in the real estate sector.
- Entrepreneurs.
- Individuals with exceptional talents.
- Outstanding students and graduates.
- Contributors to humanitarian work.
- Scientists.
- Professionals.
- Doctors and nurses.
The cost of obtaining golden residency
The cost required to apply for this residency varies depending on the category to which the applicant belongs. In addition, the cost also varies depending on the location of the provider, whether it is inside or outside the UAE. It is worth noting here that the medical examination, treatment and health insurance fees are paid by the applicant. However, if the application is rejected, the applicant receives a percentage of the fees he paid.
In general, the cost required to obtain this residency ranges between approximately 2,800 and 4,000 AED. This is for people living in the United Arab Emirates. As for people outside the country, the fees range between approximately 3,800 and 5,000 UAE dirhams. Note that these fees are estimates and may vary slightly for each provider.
How can Tadabeer Company help you?
Thanks to its distinguished staff, Tadabeer Company works to provide you with all the information and details necessary for golden residency. It will also implement all necessary procedures and steps to obtain this visa as quickly as possible and at the lowest costs. Contact us through the following links to benefit from our services, or for any question or inquiry regarding the subject of this article.
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