The realities of life of a modern person stipulate mobility and a straightforward attitude to travelling and moving to other countries. Various factors contribute to this: entering a foreign university, climbing the career ladder at work, changing the place of residence for health and other reasons, and so on.
One of the famous lines in Passport Ranking is the United Arab Emirates (UAE). It is a unique country with developed infrastructure, futuristic architecture, bold decisions, and endless prospects. In addition to high economic development due to oil and gas production, the UAE offers favourable conditions for attracting foreign famous representatives of various industries and investors.
A Brief Overview of the UAE Golden visa Program
Remote workers, freelancers, and retirees can obtain a long-term stay permit (up to 5 years). The “UAE Golden Visa” program was developed for students, startup owners, inventors, athletes, and entrepreneurs in 2019, offering undoubted UAE Golden Visa benefits:
- use period is 10 years with the possibility of renewal;
- access to the best health care system;
- no permanent residency requirements;
- sponsorship of family members, staff;
- receiving Esaad privilege card;
- additional preferences for residents of Abu Dhabi, Dubai.
In addition to Arabic, English, and Russian are used. It is also worth noting the climatic conditions: summer in the UAE lasts all year round, and the climate is dry and hot. Local authorities strictly follow the order, so the crime rate in the country is low.
Benefit 1: Long-Term Residency
Thanks to the favorable program conditions, successful applicants can reside in the country for a long-term period. You can get an education or work in the UAE without worrying about visa status. This offer is the best option for investors and entrepreneurs developing their businesses. In addition to receiving education, business building, and other Dubai Golden Visa benefits, they have every chance to settle in the selected region.
UAE Golden visa advantage 2: Thriving Business Environment
The UAE shows a loyal attitude toward any business sector. Many consider the country one of the best for creating simple conditions to develop businesses, which naturally attracts investors.
The government imposes taxes only on financial organizations and companies in the oil and gas industry.
Thanks to the favorable conditions of the program, it is possible to establish and develop your business in the best environment without complications.
Benefit 3: Access to World-Class Education and Healthcare
Like everything in this country, education is developing at a decent level. Universities are among the world’s best educational institutions. There are branches of British, American, Belgian, Australian and other universities. The teaching language is English. Professors invited from the main university give courses. At the end of education, the international diploma is issued. Using the program “Golden Visa”, the investor and his children get an opportunity to enter local schools and universities.
Benefit 4: Enhanced Mobility and Global Connectivity
It is up to you to decide whether to live in the wealthiest country in the world permanently or to come for a temporary stay to resolve issues. According to Immigrant Invest specialist Zlata Erlach, the UAE has no restrictions. Thanks to the “Golden visa”, you can come to the country at any time, even if the borders are closed for political, epidemiological, and other reasons, which is one of the undoubted pros.
Dubai Golden visa advantage 5: Quality of Life and Cultural Experiences
The UAE likes to create the impossible. For example, the most extensive flower garden in the world – Dubai Miracle Garden – has been made in the desert, covering an area of 72 thousand square meters. The flowers are copies of famous buildings.
A hot summer is not a reason not to leave the house. Numerous shopping centers will be a real salvation. These are places for shopping, huge aquariums, cinemas, spas, fairs, and food courts for an exciting pastime.
In addition to chic architecture, gardens, and fountains, the authorities regularly organize interesting installations, exhibitions, and festivals.
Conclusion
To obtain a “Golden Visa”, you need to purchase real estate for the amount of 545 000 USD and provide the list of the following documents:
- passport;
- birth certificate;
- marriage certificate (if available), marriage insolvency;
- a document confirming the absence of a criminal record;
- medical insurance;
- certificate of medical fitness;
- UAE certificate of good behavior;
- photo;
- valid visa.
This issue is covered in more detail at immigrantinvest.com. It is best to entrust the paperwork to specialists. It will help to avoid misunderstandings and guarantee a positive result in the shortest possible time.
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