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UAE golden visa has improved dramatically over the past year!
This is an investor visa, that gives you the ability to live in the UAE, based on the investment you made in the country. Today we are discussing this popular visa and giving you all the info you need to have before making a decision.
At the beginning when this visa was first introduced it was a 10-year visa, that was renewable, and in order to qualify you needed to purchase a property worth 10 million dirhams (about 2,5 – 3 million USD).
Since then this program has become even more attractive and accessible.
Some of the benefits of a golden visa:
-you don’t need to visit UAE every six months, and you can still keep your residency
-you have the ability to sponsor unlimited family members and unlimited domestic helpers
A business visa doesn’t give you these options, and in that regard, the golden visa is a better way to go, especially if you actually want to invest in the UAE.
So, how can you qualify for the UAE Golden visa?
There are a few paths:
1. You can invest in property, and nowadays the lowest amount is 2 million AED (about 550 000 USD)
2. You can have a fixed bank deposit in a local bank locked for a minimum of 2 years
3. You can invest money into a business
4. You can have an Innovative startup
5. There is an option for skilled artistic individuals and for
6. Skilled professionals
#Dubaigoldenvisa #uaegoldenvisa #movetodubai
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We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
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Author: Michael Rosmer
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How can I avoid buying health insurance with a golden visa?
How much is the deposit?
Thanks for the video.
Can you please cover more recent 2nd residency permit that fits 5 figures people (US$18k up to US$24k)?
What’s is the amount for Tempe bank deposit or the business investment? For business investment do I just transfer money into the business in my NBD biz account and then I can spend it as I please? How do they know I don’t just pay it back to myself ?
Michael, you havent mentioned the amount of the required fixed deposit. And is it for the 10-year visa or for the 5-year one?
Do you have someone, who can help prepare an application for the Golden visa? I would like to switch from the normal 2 year one to Golden, if possible.
Option 2 (band deposit) – you didn't mention the amount!
How much is the bank deposit?
what is the amount if someone went the fixed deposit route?
If free zones give 2 year renewable visa then why always invest who only needs back pocket residence ?
For the fixed bank deposit, can you just move money from USD to AED and what do you mean by "locked" is it like a GIC/CD where you earn a few % on your AED/USD?
Is there a way to avoid buying health insurance? I would prefer self-insurance.
Turn mic up always low plus softly spoken thanks
Interesting topic…..
First comment