UAE Golden Visa - What are the rules and privileges of a Golden Visa? And who all are eligible for UAE Golden Visa?
Mr. Riyaz Kilton, the Managing Director of Kiltons Business Setup Services LLC explains the benefits of the UAE golden visa and its privileges…
Golden Visas have been gaining traction in the recent past, and this is because of the great benefits that come to an individual by getting themselves a Golden Visa.
A Golden Visa is a visa scheme introduced by the UAE government that guarantees an individual long-term residence in the country, that is, around five to ten years at a stretch.
Anyone who is an investor, an entrepreneur, a renowned person in his or her field, a researcher, or a highly-talented student is eligible to apply for the Golden Visa of the UAE.
There are many privileges that will come to an individual once they attain access to the Golden Visa, and they are as follows:
The visa is granted for a collective period of 10 years.
Once you attain the Golden Visa, your dependents i.e. spouse, children and parents will directly be eligible for the 10-year uninterrupted stay in the UAE.
Golden Visa has a prolonged validity period which means that even if the individual is not in the UAE for an extended period, his or her visa will not get cancelled.
Golden Visas are self-sponsored and thus eliminate the need for an additional sponsor in the UAE to support your visa.
If the original holder of the Golden Visa dies, it will not automatically cancel the stay of the dependent individuals. They can stay in the UAE up until the remaining validity period or valid years of the Golden Visa.
Golden Visa also allows an individual the opportunity to apply for employment opportunities.
If you have a Golden Visa, you will be able to invest in any kind of investment opportunity in the UAE.
It becomes easy to set up a business in the UAE with a Golden Visa as there will not be any need for obtaining any kind of NOC from any authorities.
The UAE government is constantly working on bringing about different benefits to the Golden Visa in the near future.
To know more about the eligibility terms and conditions for the Golden Visa, feel free to contact us +971582140000
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