Since its introduction in 2019, the UAE’s long-term residency program called the UAE Golden Visa continues to attract talent and investors from around the world. The program offers several benefits to Golden Visa holders including economic advantages and enhanced lifestyle opportunities. If you are thinking about applying for this visa to secure your long term residency in the UAE, keep reading this blog to learn more about the top 13 benefits that are in store for you!
Long-Term Residency
The UAE Golden Visa is available for 5 or 10 years, making it the ideal pathway for long term residency in the UAE. Since this visa category is renewable, you can reside in the UAE without needing a local sponsor. If you are an expatriate who is looking for that feeling of stability in both your personal and work life, this residency option will be best suited for you.
Security and Stability
One of the reasons why thousands of expats flock to the UAE is because of its safety and political stability. By having a Golden Visa, you can live a secure and peaceful life in this region along with your family. Having a Golden Visa will open up pathways for you to invest in your future as the UAE’s legal framework is unmatched, together with its low crime rate.
Family Inclusion
A Golden Visa will extend to your family members as well. As a visa holder, you can sponsor your spouse, children and your parents too. This means that those who matter most to you can enjoy the same benefits and lifestyle opportunities that the primary Visa holder will have. So if you are a family that is looking to move to another country, consider the UAE via a Golden Visa.
Access to World-Class Healthcare
Healthcare in the UAE is certainly a class apart as the region offers some of the best healthcare infrastructure in the world. You can take advantage of this as a Golden Visa holder and be rest assured that your family too, will receive the best possible medical care whenever needed. As a whole, you will have peace of mind knowing that your loved ones will be well looked after if the need arises, ultimately contributing to your overall well-being.
Education Opportunities
The UAE offers almost every global education curriculum available via several international schools and universities that operate within the region. This means that your children will not have to adapt to a different system. It is likely that you will be able to find an institution that offers the same curriculum studied by your children in your home country. Golden Visa holders can benefit from these educational opportunities, ensuring that their children receive a world-class education in a multicultural environment.
Business and Investment Opportunities
The UAE is a hub for global commerce thanks to its idyllic position. It truly is at the crossroads of all parts of the world. Therefore, it offers so many opportunities for entrepreneurs and investors. As a Golden Visa holder, you are at liberty to establish your business in any of the free zones present without the need for a local partner. This gives you full control of your business so that you can maximize your profits. There are also no objections when it comes to repatriating the profits back home.
No Personal Income Tax
It is no secret that Dubai is a tax haven in some ways. If you live in the UAE, you will not have to pay any income tax. Golden Visa holders get to enjoy this financial benefit, allowing them to retain more of their earnings. If you are a high income earner, this is a very enabling environment for you to save for your future.
Travel Benefits
As a holder of a UAE Golden Visa, you will have the freedom to travel to several countries without needing a visa. For countries that require a visa, you may have the option of getting one on arrival. It is worth noting that the UAE is a transit point for international travel to all the continents of the world. These factors combined means that it is the ideal base for travelers of all kinds.
Enhanced Lifestyle
When in the UAE, you can choose the kind of lifestyle that you would like to live. It truly is a region that offers amenities like no other. Whether it is a luxurious lifestyle or a simpler one that you seek, Golden Visa holders can enjoy the fusion of cultures, sprawling cityscapes, golden beaches and so much more.
Retirement Benefits
If you are looking at a Golden Visa to secure your retirement, it is an excellent option. The welcoming environment and infrastructure that offers all of life’s creature comforts make it an ideal destination for retirees. The long term residency guaranteed to you means that you wouldn’t have to worry too much about securing your retirement.
Cultural Experiences
The Emirates is home to a rich tapestry of cultures and experiences. During your residency here, you would be able to immerse yourself in this rich heritage. From taking part in local festivals to engaging with an array of local communities, this environment will give you an understanding and appreciation of the local culture.
Opportunity to Contribute to the Economy
By obtaining a Golden Visa, you can contribute to the UAE’s economy through investments, job creation, and participation in various sectors. The UAE government encourages foreign investment and talent, and Golden Visa holders play a crucial role in driving innovation and economic growth in the country.
Flexibility in Career and Mobility
The UAE Golden Visa provides greater flexibility for professionals and entrepreneurs. As a Golden Visa holder, you’re not tied to a specific employer or sponsor, which gives you the freedom to explore various career opportunities and switch jobs without having to worry about visa restrictions. Additionally, you can travel freely in and out of the UAE, making it easier to manage international business interests or maintain connections with your home country. This level of professional independence is especially valuable for freelancers, investors, and business owners
To Conclude,
The UAE Golden Visa offers numerous benefits, making it an attractive option for expatriates, investors, and entrepreneurs. With long-term residency, access to world-class healthcare and education, tax advantages, and a luxurious lifestyle, the Golden Visa opens doors to a bright future in one of the most dynamic countries in the world. Whether you’re looking to relocate permanently, start a business, or secure your family’s future, the Golden Visa is a valuable opportunity worth exploring. If you’re considering this option, now is the time to take the next steps toward making the UAE your new home.
How Can SetHub Help?
We are experts in securing Golden Visas for our valued clients. Over the course of our many years of operations, we’ve helped numerous individuals from all over the world in securing their UAE Golden Visas. As one of the most sought after business setup consultants in the UAE, our packages are tailor made for you, some which include company formation as well. If you’re looking for a partner that can guide you along every step of the way in securing your long residency in the UAE, reach out to us! Schedule a call now and hear back in just one business hour.