Those who have once visited the Arabian Peninsula, surrounded by the Persian Gulf, and been imbued with its beauty, will return there many times. The eastern part, where the Emirates are located, is the most impressive. No matter which emirate you like – the luxurious Abu-Dhabi or the capital of entertainment – Dubai, you will always be impressed. There are all conditions to raise the standard of living, to become more successful and educated for those who want to settle down here for a long time. At the same time, you will know all the joys of life, can work in an enterprise or develop a business, invest in real estate, and receive dividends.
Even though the authorities have always been against dual citizenship and did not allow “outsiders” here, in 2019, they reconsidered their decision. Moreover, they offered simple conditions for residents to obtain an entry permit to develop the economy and keep it at a decent level.
There is no need to go through the stages of naturalization to live in one of the emirates, and it is enough to apply for documents through an immigration company and get a golden pass. UAE Golden Visa implies a document that gives the right to stay in the territory for 5 to 10 years.
After the term expires, you can extend it for the same period. Under the program, investors can get a residence permit in exchange for one or more properties worth at least 2 million dirhams.
There are no stringent rules for the investor. The main thing is to have no criminal record and be of legal age. A dangerous illness is a decisive factor that could lead to the refusal to issue a long-term visa. The presence of a sponsor is not required. This program is also aimed at attracting talent to develop the economy so that special attention will be paid to your skills.
There are many advantages of this visa. First, you do not have to wait long to get it, and you receive a temporary entry permit right away while you stay for it to be ready. Secondly, it gives time to get used to, look around, and learn how to live in this world of modernity and new technology, enjoying the turquoise water of the Persian Gulf and walking along the coast.
A list of the main advantages:
- Tax “paradise”. UAE residents do not pay income and corporate taxes. Their property is also not taxed. VAT payments are made if the income for one year exceeds 365,000 dirhams (about $ 99,373). The Arab Emirates has concluded agreements to avoid double taxation with more than 100 countries.
- The health care system in the country is at a high level. According to the World Bank, the UAE is one of the most popular medical tourism destinations.
- Residents are eligible, not obliged to live in the UAE. Resident visa holders do not need to stay in the country permanently.
- Optimally developed infrastructure and economy play a crucial role in improving the quality of citizens’ lives. According to Resonance Consultancy’s 2021 ranking, Dubai was ranked 5th in the top 100 cities in the world.
- The advantage is that permission can be obtained for different terms – six months, two, five, or ten years. It depends on the type of contribution and the investor’s status.
According to a specialist of the company Immigrant Invest Zlata Erlach, the cost sum will vary and range between 200 and 545 thousand dollars.
If you want to settle permanently in the wealthiest country in the world, the government offers a path to naturalization, but you have to live there for at least 30 years to do so. But, of course, the time frame can be greatly reduced if you can prove your professionalism in any field, such as culture, medicine, research, and so on. But, having a gold visa and investing in real estate in advance, you can obtain UAE citizenship by investment much faster.
Нow to get citizenship in UAE? The main requirements are owning real estate in the state, naturalizing for 30 years, or having exceptional merit. Scientists, inventors, and creative individuals who have proven and demonstrated their achievements can get a visa and citizenship. A child born in the country and a spouse automatically get citizenship in the Emirates.
Visa-free entry into Schengen and unimpeded access to 176 countries of the world is one of the advantages to get UAE passport. The other advantages can be listed eternally, they go beyond the scope of temporary residence. After all, once you get citizenship in UAE, you do not have to visit the country once or twice a year and extend the term of the permit. You can enjoy a luxurious life, develop a business, improve their financial possibilities thanks to the “soft” rates of taxes and, of course, not to worry about the future of their children.
So, in recent years, the government has revised its position on the stay of cosmopolitans in the Emirates, attracting creative personalities, people in business, and other successful people. It has two advantages – the development of the economy in general and great opportunities for foreigners.
In order to quickly and efficiently prepare the documents necessary for staying in the country, contact only trusted companies. Experts know all the subtleties and nuances in this matter, which guarantees an excellent result in the shortest possible time.