What is a Golden Visa?
The golden visas were implemented by the government in 2019. They are aimed at attracting and retaining talent into the UAE and have been focused on specific target sectors. There are two types of Golden Visa â one that has a validity for 5 years and another for 10 years Who is eligible to get the Golden Visa?
There are different requirements for the 10 year golden visa and the 5 year golden visa.
For the ten year visa there are two key areas of focus: Investors in public investments of a minimum of AED 10m. The investment can be a deposit in an investment fund in the country, having a company with share capital of at least 10m, partnering with a company with share value of 10m or having a combination of all of these (not including real estate).
Abu Dhabi 5- and 10-year visas: Find out if you are eligible
Web Report/Abu Dhabi
Illustrative image; credit: Alamy.com/ae
Full list of categories of residents who can get long-term visas.
Abu Dhabi recently announced a programme that offers talented professionals, students and investors 5- and 10-year visas.
Called Thrive in Abu Dhabi, the scheme also offers UAE citizenship to some. Authorities will announce the eligibility criteria for citizenship soon.
DON T MISS: Investors
> 10-year Investor visa
Investors in Abu Dhabi are eligible for a 10-year visa if they fulfil one or more of the following criteria:
- A minimum Dh2 million capital deposit in an investment fund/bank account inside Abu Dhabi.
Dubai: If you are a highly qualified individual living and working in Abu Dhabi, you may soon be able to apply for a golden visa, which offers long-term residency options in the emirate.
The “Thrive in Abu Dhabi” programme promotes long-term Golden Visas and a pathway to citizenship for international talent working, creating, studying, excelling and investing in key sectors and specialties in Abu Dhabi. While the pathway for citizenship will be announced later, according to the Abu Dhabi Government’s official website, those interested in applying for a long-term five-year or 10-year visa can find out if they are eligible, by checking the detailed requirements for each category.