Golden Visa for 10 Years: Acquisition Methods, Regulations, and Advantages

2023-05-20 20:18

A 10-year Golden Visa is more than just a document providing residency rights in the United Arab Emirates. It's a key to a realm of opportunities, wealth, and stability. It opens doors to a country known for its magnificent landscapes, high living standards, and rich cultural heritage.

This article will comprehensively discuss various methods to acquire a 10-year Golden Visa. We'll discuss the criteria to be met to become its holder, as well as the benefits it offers.

We'll discuss real estate investments, startups, scientific accomplishments, and outstanding academic achievements as pathways to this visa. Furthermore, we'll explore how Polaris company can assist you at every step on your journey to acquiring UAE Golden Visa.

Life in the UAE: Why is it so appealing?

United Arab Emirates (UAE) is a country that captivates with its endless opportunities and promises of a luxurious life. But what exactly makes UAE such a destination where many aspire to move? Let's delve into this.

You'll find not only sunny beaches and magnificent skyscrapers but also a rich culture where modernity and traditions perfectly coexist. From world brands to exquisite cuisine, from a friendly population to a safe environment - everything is here for a comfortable life:

Economic stability: one of the fastest-growing economic hubs in the world, offering numerous opportunities for entrepreneurs, investors, and specialists.
High quality of life: from high service standards to world-class healthcare and education, it provides all conditions for a comfortable and fulfilling life.
Luxury lifestyle: incredible architectural masterpieces, five-star hotels, luxury shopping malls, high-end restaurants, and resorts - all symbolize lifestyle in UAE.
Multiculturalism: a home for people from more than 200 different countries, creating a uniquely multicultural environment.
Safety: UAE is one of the safest countries in the world with a low crime rate, making it an ideal place for family living.

However, the allure of UAE is not limited to this. The country also offers excellent conditions for doing business, thanks to its strategic geographical position, progressive business environment, and low taxes. Not to mention, UAE is a place where dreams become reality, where any business idea can be realized, regardless of its scale.

The 10-year Golden Visa: What is it?

"Golden Visa" is a program launched by UAE in 2019 aimed at attracting foreign investors, entrepreneurs, professionals, and outstanding students. This program offers an opportunity to obtain a 10-year visa, which provides its holders with greater stability and confidence in the future.

It's a program offered by UAE government that provides long-term residency in the country. Here are some key points to help you better understand what it is:

● Long-term Stay: It offers an opportunity to reside in UAE for up to 10 years, significantly longer than most other types of visas.

● Renewable: 10-year Golden Visa is renewable, meaning that it can be extended after a 10-year term.

● For Various Categories: It is available for various categories of people, including investors, entrepreneurs, outstanding students, scientists, and specialists in arts and culture.

● Family Support: 10-year Golden Visa extends not only to the applicant but also to his/her family members, including spouse and children.

● No Minimum Stay Requirements: There are no strict requirements for a number of days a holder must spend in the country in a year.

● Freedom in Business and Investments: Golden Visa holders can freely do business and invest in UAE without any restrictions.

Overall, it is an excellent opportunity for those who want to make UAE their long-term home and enjoy all advantages of living in this incredible country.

Important!

All applicants must undergo rigorous verification of provided information, including financial indicators and confirmation of their achievements in their field.

Who Can Obtain UAE Golden Visa?

This opportunity is available to various categories of people. Below are key categories that can apply for this type of visa:

Attention!

UAE government offers this program with the aim of attracting talented, successful, and ambitious individuals who can contribute to the development of a country. If you fall into one of these categories, 10-year Golden Visa can be a great step toward establishing a long-term future in UAE.

The Path to the Golden Visa Through Real Estate Investment

Investing in UAE real estate is one of the most attractive ways to obtain a Golden Visa. the government encourages foreign investors by offering them an opportunity to become full-fledged property owners. By purchasing a property worth from 2 million dirhams (about 545,000 US dollars), you can qualify for a long-term visa.

Investing in real estate is a great opportunity to buy your own home or commercial property in one of the fastest-growing countries in the world. Real estate is considered one of the safest and most profitable types of investments, thanks to the country's stable economy and high rental demand.

Owning property also offers a number of benefits, including:

● Stable passive income from renting out real estate properties.

● possibility of using a property for personal purposes.

● An increase in asset value over time due to a rise in property prices.

However, remember that when applying, you will need to provide proof of property ownership. This may include ownership documents, sales contracts, and other official documents confirming your ownership.

In addition, UAE government may require evidence that you are capable of supporting yourself and your family living in UAE without the need for employment. This can include bank statements confirming the presence of sufficient funds, and other information confirming your financial stability.

Buying property in UAE is not only a step towards securing a visa but also a magnificent investment opportunity. UAE real estate market demonstrates stable growth, and with the acquisition of property, you can expect a good return on investment.

UAE Golden Visa for Entrepreneurs

UAE Golden Visa is a wonderful opportunity for entrepreneurs who wish to expand their business horizons and explore new opportunities in one of the fastest-growing economies in the world. If you are an entrepreneur with a share capital of at least 500,000 dirhams (about 136,000 US dollars), you can apply for a golden visa.

The business environment is attractive to entrepreneurs due to a number of advantages:

Low tax level: there is no profit tax for corporations and individuals, which makes this country attractive for international business.
Strategic location: it occupies a central location between East and West, providing easy access to key markets in Asia, Africa, and Europe.
Developed infrastructure: they have world-class transportation infrastructure, including major international airports and ports, as well as modern road networks.
Progressive regulation: government actively supports the development of business and innovation, offering beneficiary conditions for entrepreneurs.

Please note!

Obtaining a golden visa requires certain efforts from entrepreneurs. You will need to provide evidence of the financial stability of your business, including business plans, profit and loss reports, and bank statements.

In addition to this, applicants must demonstrate that their business will benefit UAE economy by creating jobs and contributing to innovation and the country's development.

Golden Visa for entrepreneurs offers a unique opportunity to expand the business to an international level and use all advantages that UAE offers for entrepreneurs.

UAE Golden Visa for Outstanding Scholars and Students

UAE Golden Visa is not only for investors and entrepreneurs. It's also available to exceptional scholars and students seeking to further their academic or scientific careers.

UAE values talent and aims to attract the brightest minds worldwide. Outstanding scholars and high-achieving students are eligible for Golden Visa, particularly those aiming to advance their academic or scientific pursuits.

Scholars contributing significantly to their research field can apply for Golden Visa. This not only acknowledges their accomplishments but also allows them to continue their work in a country appreciating innovation and scientific research.

Moreover, Golden Visa is offered to students with exceptional academic achievements. This means high-performing students can get an opportunity to learn and grow in UAE for the next ten years.

Here are some benefits for scholars and students:

● Research Opportunities: UAE has extensive scientific and research institutions offering a wide range of possibilities.

● High Education Standards: UAE provides high-quality education with many world-class universities.

● Cultural Diversity: Scholars and students can study and work in an international environment with diverse cultural heritage.

● Stability and Safety: Known for its stability and safety, UAE is an ideal place for study and work.

Thus, UAE Golden Visa opens new horizons for outstanding scholars and students by offering them opportunities to learn and work in a country that values and supports their efforts and achievements.

Polaris: Your Expert in Visa Processing

If you're interested in obtaining UAE Golden Visa, Polaris is your reliable partner in this process. Our specialists have extensive experience in visa processing and will assist you at every step - from selecting suitable options to application submission and visa acquisition.

Besides visa consultations, Polaris also offers property-buying services in UAE. This means, if you choose a path to Golden Visa through property investment, Polaris can help you find the best property that meets your needs and budget.

Don't miss an opportunity to start a new chapter of your life in UAE. With Polaris, the process of obtaining a visa becomes straightforward and comprehensible. Contact us today to learn more and begin your journey.