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Immigrant Invest Unveils Comprehensive Process and Requirements for Obtaining UAE Golden Visa

Vienna, Austria, August 11, 2023 – In the last few years, the Emirates have been developing accelerated – oil refining and gas production have been improved, and desalination water supply systems have been built. Access to international markets allows for exporting goods both by water and air and maintaining links with Europe and Asia. The rich country is attractive from all angles. Everything is done here for people and their convenience. The transport system has been expanded with new subways, and roads are smooth everywhere. There are six airports.

The only disadvantage is the lack of qualified staff and specialists from different spheres. That is why a special program to attract professionals has been running for the fourth year in a row and has been very successful. More than half of the population are newcomers; many have arrived by making investments and acquiring permits.

The document gives the right to stay in the territory for 5 to 10 years. After the expiry of the term, it is possible to extend its validity for the same period and then request UAE Residence by investment. Under the program, investors can obtain a residence permit in exchange for one or more properties worth at least 2 million dirhams.

A coveted status for many, it is granted to certain groups of entrepreneurs, highly qualified professionals, and distinguished academics. The authorization is given to the following categories of persons:

  • individuals contributing a certain amount to the economy of at least 10 million dirhams (approximately US$ 2.7 million);
  • successful entrepreneurs who wish to start or expand their business;
  • people with high qualifications and experience in specific fields such as information technology, science, medicine, and engineering;
  • distinguished academics, scientists, and students;
  • religious leaders and clergy. 

The best way to learn about the rules is to contact the consulate or embassy of the oil magnates’ holding power.

The privilege pass, which grants an extended stay in the region for foreigners, people in business, and professionals, has advantages:

  1. Length of stay without the need to leave the country.
  2. Cardholders can engage in business and work at will without a separate work permit.
  3. Possibility to take family members with them, including spouse, children, and parents
  4. Educational services are provided in public and private educational institutions under special conditions.
  5. Access to highly standardized health care. 
  6. Legal residence, which is a guarantee of stability and security.
  7. The convenience of traveling for the holders of the document.
  8. Social benefits and discounts in transport and other guarantees with the Esaad card.

The benefits of UAE Golden Visa are wide-ranging. All this makes it an attractive choice for those who wish to invest in the economy and find stability. 

The application can be submitted in any of the online ways, and there are four possibilities for this. As for documents, a valid passport and personal documents of dependents are required. A certificate of no criminal record and absence of illness, as needed, and proof of high qualifications and solvency is mandatory. If UAE Residence by investment is requested for study – it is essential to confirm that you have previously been a student of a popular university in your country, have excellent characteristics and grades. 

As the expert of the agency Immigrant Invest Zlata Erlach points out, it is necessary to provide a copy of the passport and color photos. The fee for issuing the document is 350 dirhams, including 100 monetary units for application fees, 100 for the commission, and the same amount for smart services. If you wish to buy a property, you will need to spend a minimum of two million dirhams on the purchase, and not obligatory completed construction. Alternatively, you can take out a loan from a bank for this purpose. 

Maintaining and Renewing the UAE Golden Visa

To continue the Dubai Golden Visa, professionals need to confirm their intention to continue working, studying, or engaging in other activities in the territory. Contact a sponsor or a lawyer to support you in this endeavor. Updating your contract with your employer and discussing new working conditions, salary, and other issues is essential. The same goes for health insurance. After completing the above steps, apply to the Immigration Department for an extension of your right of residence. Provide all the required documents.

Conclusion

There is no need to go through the naturalization process to move, just apply through an immigration company and receive a permit. Such a pass allows wealthy investor or talented individuals to live, work, receive higher and secondary education at a high level, own a business, and enjoy the benefits of civilization to the fullest extent possible.

Contact Info:

Name: Zlata Erlach

Organization: Immigrant Invest

Phone: +43 (670) 308-21-75

Website: https://immigrantinvest.com/

Address: Porzellangasse 43, office 14, Vienna, 1090, Austria