Golden residency in the Emirates is a policy adopted by the country years ago whose goal is to attract international competencies and talents, as it provides benefits to its holders such as obtaining facilities related to their residence in the Emirates lands, and benefiting from their experiences with the aim of achieving mutual benefit.
The goal of this article is to clarify the instructions related to golden residency and the conditions for obtaining golden residency, its benefits, and many other details will be reviewed.
Definition of golden residency in the Emirates
UAE Golden Residency is a type of long-term residence visa in the UAE and is issued according to the “UAE Golden Visa Card” system and this card grants its holder residency in the country for a period of five or ten years, depending on the category to which he belongs
This update comes within the framework of the government’s efforts to attract talent and promote sustainable development, while emphasizing the UAE’s commitment to providing investment opportunities and sustainable residence for residents.
Who is eligible for golden residency?
The official website of the UAE government announced the categories of individuals who are entitled to apply for golden residency, which are:
Investors in public investments.
Real estate investors.
Entrepreneurs.
Talented people.
Inventors.
Artists and intellectuals.
Executive Directors.
Athletes.
First line workers
Outstanding students
Benefits of obtaining golden residency
Golden residency in the UAE allows its holders to obtain the following benefits:
Multiple entry visa for 6 months during the Golden Residency completion period.
Golden residency lasts for a period of up to 5 or 10 years.
The ability to stay outside the Emirates for more than six months without the need for a sponsor inside the country
Issuing residence permits for family members, including spouses and children
There is no support worker.
The possibility of family members remaining in the country after the death of the golden residency holder
Ease of doing and establishing a business
The holder does not incur income tax.
Benefit from education in state schools and universities.
How to apply for golden residency in the Emirates
You can follow the following steps to apply for golden residency in the UAE:
You can fill out the electronic application through the “Tamm Government” website or any other approved government websites.
After submitting the application, it will be reviewed by the competent authorities, after which a notification of the result of the application will be sent via text message or email.
Eligible persons must upload the required documents and documents and submit them with the application and the Federal Authority for Identity and Citizenship will review the submitted documents to ensure that all required conditions are met.
If all conditions and requirements are met, the applicant will be issued a golden residency for a period of 5 or 10 years, according to the conditions and standards specified for each category.
The cost of obtaining golden residency in the Emirates
Golden residency in the Emirates is considered one of the most financially expensive residencies, as it costs between 2800-3800 AED for residents of the country and 3800-4800 AED for expatriates from outside the Emirates.
Here we have reached the end of our article in which we talked about golden residency in the Emirates and who are the categories eligible to obtain it, so how much did we learn about the advantages of this type of residency and how much does it cost to obtain it?
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