What Is UAE Golden Visa And Who Can Apply?

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Super 30 founder Anand Kumar recently received the coveted ‘Golden Visa' by the UAE government

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It is a long-term residence visa that enables foreigners to live, work or study in the UAE

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The golden visa was introduced in 2019 as a long-term residency program by Sheikh Mohammed bin Rashid

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The motive behind issuing this visa is to retain ‘talented people and great minds' in the country

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Investors, entrepreneurs, scientists, outstanding students, frontline heroes are among those eligible for the visa

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Valid for 5 or 10 years, the visa also grants recepients some exclusive benefits

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It eliminates the need of a national sponsor and grants recepients 100 per cent ownership of their business

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Apart from being an entry visa for six months, it allows multiple entries and an issuance of residency permits

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It also allows the residents to sponsor their family members, including spouses and children of any age

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Those interested can apply for either Federal Authority for Identity and Citizenship or the General Directorate of Residency and Foreigners Affairs

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