Company Formation
In 2019, the UAE announced golden visa for ten years for a select group of citizens. Golden visa holders live, study, and work in the United Arab Emirates’ mainland without any local sponsor. This residency visa will give you the permit to live in UAE for an extended length of time like 5 to 10 years.
Now so many people are eligible to apply for a Dubai golden residence visa thanks to the most recent change to the UAE Resident and Entry Scheme. Since the criteria for 10-year visas have been loosened, more individuals from different professions will find it simpler to apply for the Golden Visa under the revised regulations.
People who are eligible to apply for 10-year golden visa are Investors, business owners, scientists, qualified professionals, and extraordinary talents. It was first issued in 2019 and required an initial investment of AED 5 million to AED 10 million.
But now the government established new and more easy requirements in 2022 for those who wants to apply for a Golden Visa through investment.
Benefits Of Golden Visa
- You can live your family members in UAE, like spouses, parents, kids, and domestic helpers, by sponsoring their visa.
- To finish the golden visa application process, you will get a multiple entry six-month visa.
- Your residency visa is still valid even if you spend more than six months outside the UAE.
- You don’t need a sponsored employment visa because it will grant you a long-term residency visa.
You can sponsor a certain number of visas for your employees if you are starting a business. Number of visa will be depending on your size of the company.
