The United Arab Emirates has recently announced that it will expand its Golden Visa program. It includes more categories of workers. This is great news for those looking to live and work in the UAE. The Golden Visa program offers many benefits to its holders, including long-term residency and the ability to sponsor family members.
The Golden Visa program was first introduced in 2019 to attract talented and skilled individuals to the UAE. Initially, the program was only available to professionals, such as doctors, engineers, and scientists. However, the program’s recent expansion means that more workers will now be eligible to apply for a Golden Visa.
The Golden Visa in UAE has now been extended to scientists, researchers, senior academics, and clerics, as well as to top experts in business and the fourth industrial revolution, elite specialists in the health and education domains, and skilled professionals.
The new categories of workers that are now eligible to apply for a 10-year Golden Visa include:
- Skilled Professionals
- Scientists and Researchers
- Senior Scholars and Clerics
- Elite Specialists in Health Fields
- Elite Specialists in Industry and 4th Industrial Revolution
- Specialists in Education
The program offers a number of benefits to its holders. The most significant benefit is the ability to live and work in the UAE for a period of up to 10 years. This is a significant advantage for those looking to establish a long-term presence in the UAE. Golden Visa holders can also sponsor their family members to live with them in the UAE.
Another major benefit of the Golden Visa program is that it offers a fast-track route to permanent residency. After holding a Golden Visa for a period of five years, individuals are able to apply for permanent residency in the UAE. This can be particularly attractive to those looking to establish a long-term presence in the UAE but may not want to go through the process of obtaining a traditional work visa.
The expansion of the Golden Visa program to include more categories of workers is a positive step for the UAE. It shows that the country is committed to attracting and retaining talented and skilled individuals from around the world. This can only benefit the UAE in the long run, as it will help spur economic growth and development.
It offers a number of financial benefits to its holders. For example, Golden Visa holders are not required to pay any taxes on their income. It can be a significant advantage for those looking to maximize their earning potential. Additionally, the Golden Visa program can also help to reduce the overall cost of living in the UAE, as it eliminates the need to pay for a traditional work visa and associated expenses.
The program also offers a number of benefits to the UAE as a whole. By attracting and retaining talented and skilled individuals from around the world. The program can help to spur economic growth and development in the country. Additionally, the program can also help to diversify the economy and create more job opportunities for UAE citizens.
In summary, the recent expansion of the Golden Visa program in the UAE is great news for more workers. It will allow them to live and work in the UAE for up to 10 years and sponsor their family members. The benefits include long-term residency, the ability to sponsor family members, a fast-track route to permanent residency, and many more.
This move by the UAE government shows that it is committed to attracting and retaining talented and skilled individuals from around the world. It will ultimately benefit the country in the long run.
To verify if you fit among any of the categories and requirements to obtain the visa, you can hire PRO services in UAE. As experts in the field, they can guide you best on your eligibility criteria. Hiring professional PRO services can be ideal if you want to avoid governmental delays. They can make obtaining a Golden Visa in the UAE a simple and hassle-free process.
