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What is Dubai Golden Visa and who are eligible for it?
What is Dubai Golden Visa and who are eligible for it?
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The Dubai Golden Visa is a long-term residency visa program introduced by the government of the United Arab Emirates (UAE). It allows foreigners to live, work, and study in the UAE without the need for a national sponsor and with 100% ownership of their business. The Golden Visa is granted for a period of 5 or 10 years and is renewable.
Eligibility for the Dubai Golden Visa varies depending on the category:
1. Investors: Individuals who invest a certain amount of money in property, business, or other ventures in Dubai may be eligible for the Golden Visa.
2. Entrepreneurs: Business owners and entrepreneurs who establish a company in Dubai and meet specific criteria related to the business size, sector, and economic impact may qualify for the Golden Visa.
3. Highly Skilled Professionals: Professionals with specialized skills, expertise, and achievements in fields such as science, medicine, engineering, art, and culture may be eligible for the Golden Visa.
4. Students: Outstanding students and graduates from accredited universities in Dubai and around the world may be eligible for the Golden Visa as part of initiatives to attract talent and promote education in the UAE.
5. Exceptional Talents: Individuals with exceptional talents in various fields, including arts, culture, sports, and academia, may qualify for the Golden Visa based on their achievements and contributions.
It’s important to note that eligibility criteria, requirements, and application processes may be subject to change, and it’s advisable to check the latest information provided by the UAE government or relevant authorities.