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March 10, 2023

What Are the UAE Golden Visa Benefits?

The United Arab Emirates (UAE) is a country known for its ambitious vision, bold initiatives, and world-class infrastructure. Over the past few years, the UAE has implemented several measures to attract foreign investors and talent. 

One such initiative is the Golden Visa program, which offers many benefits for those who qualify. This article will explore Golden Visa benefits and how they can unlock global investors' opportunities.

What is the Golden Visa program?

The Golden Visa program is a residency scheme launched by the UAE government in 2019. The program grants long-term residency visas to investors, entrepreneurs, talented individuals, and their families. 

The program is part of the UAE's strategy to attract high-net-worth individuals, skilled workers, and investors to the country. The visa is valid for 5 or 10 years, depending on the category, and can be renewed upon expiry. Keep reading to learn more about the various Golden Visa benefits in the UAE!

What Are the Advantages of Golden Visa?

Most Golden Visa benefits come from the encouraging business environment The UAE has nourished. The advantages of Golden Visa include:

Access to world-class infrastructure and amenities

The UAE is known for its state-of-the-art infrastructure, including modern airports, world-class healthcare facilities, and cutting-edge technology. The Golden Visa program grants investors and their families the opportunity to live and work in the country and access these facilities.

No Personal Income Tax

One of the most significant Golden Visa benefits is that it provides investors and their families with a tax-efficient environment. The UAE has no personal income tax, meaning investors can retain more of their earnings.

Ease of Doing Business

The UAE is ranked among the top countries for ease of doing business, making it an attractive destination for investors. The Golden Visa program allows investors to establish and grow their businesses in a supportive and friendly environment.

Long-term Residency

The Golden Visa program provides long-term residency to successful applicants. This means that they can live and work in the UAE for an extended period without worrying about their visa status. This especially benefits investors and entrepreneurs looking to establish themselves in the region.

Multiple-entry

One of the significant Golden Visa benefits is that it allows for multiple entries into the UAE. This means that individuals can travel in and out of the country and stay out of the country for more than the usual six months without having to apply for a new visa every time they leave. This is particularly useful for business people who travel frequently for work.

Investment Opportunities

The Golden Visa program is also designed to attract investors to the UAE. It allows investors to invest in various sectors of the economy, such as real estate, technology, and healthcare. This is a great opportunity to diversify their investment portfolio and exploit the UAE's growing economy.

Education Opportunities

The Golden Visa program also provides access to education opportunities in the UAE. This benefits families with children looking to enroll in schools and universities in the country. The UAE has some of the best educational institutions in the region, making it an attractive option for those seeking high-quality education for their children.

Retirement Options

Finally, the Golden Visa program also provides retirement options for individuals who want to retire in the UAE. This is particularly useful for those who want to take advantage of the region's warm climate and high quality of life.

Enter a World of Possibilities with Aldar

At Aldar, we believe that the UAE Golden Visa program is a game-changer for the country's economy and are proud to be a part of it. Our diverse real estate portfolio is your ticket to living and investing in an environment that encourages prosperity and promises unlimited opportunities.

The UAE Golden Visa program includes a visa category known as the Golden Real Estate Visa. To qualify for the Golden Real Estate Visa, investors must own one or more properties worth at least AED 2 million, and the property value must be over AED 2 million in the case of a mortgage.

Contact us today to learn more about the Golden Visa benefits and discuss your real estate investment needs.