Top 12 UAE Golden Visa Benefits

As global geopolitical shifts unravel, turbulence ensues and the familiar world around us becomes unsettled. All the while, the United Arab Emirates stands strong, attracting wave after wave of tourists and expats from all around the world. Its stable economy and favorable government policies make it one of the most attractive places to live and a reliable safe haven for those who need one. So, if you’re looking for a place to secure your future, move your family, and save your finances, the UAE may be the right choice.

Apart from a regular residency visa with its numerous advantages, the UAE government offers newcomers a special residency program that takes these advantages a step further. Intended to attract high-tier professionals, businessmen, and investors to the UAE, the Golden Visa provides a set of unique benefits that will make your life in the country easier, more convenient, and more enjoyable. In this overview, let’s explore the details of what the UAE Golden Visa can offer its potential holders.

Benefits of UAE Golden Visa

1. Increased visa validity period
   The UAE Golden Visa is issued for 10 years and entitles its holder to free entry and stay in the UAE over that time. The prolonged validity of the Golden Visa makes it a long-term residence option with a high degree of flexibility.
2. Family and household staff visa sponsorship
   Holding a UAE Golden Visa provides UAE residency status to not just you but also your family members. In addition, it allows for visa sponsorship of your domestic helpers, such as nannies, drivers, butlers, etc., granting an opportunity to move to the UAE with both your family and household staff.
3. Advanced traveling opportunities
   Another factor that sets the UAE Golden Visa apart from other types of visas, which require you to fly into the country once every six months in order to maintain your residency status, is the ability to travel in and out of the UAE with ease. As a multiple-entry visa, the Golden Visa allows you, your family members, and household staff to enter the Emirates at any time and stay for any length of time without applying for a new visa.
4. No employer sponsorship requirement
   As opposed to most work visas, the UAE Golden Visa requires no employer sponsorship. This allows qualified and skilled specialists to apply for this visa independently without being conditioned to already having a job and an employer in the Emirates in advance.
5. Tax-related advantages
   The Golden Visa status comes with significant tax advantages. UAE residents enjoy zero personal income tax allowing for considerable saving of funds, as well as an overall tax-efficient environment for businesses.
6. Banking opportunities
   The Golden Visa makes its holders eligible to open accounts at prestigious UAE banks with the ability to hold deposits in major world currencies and use them for international payments. This allows the use of these banks’ cards to pay and withdraw cash anywhere in the world.
7. Free access to the Esaad program
   Since 2022, Dubai's Esaad discount program, which used to be available exclusively to UAE’s government employers, now includes holders of the Golden Visa. With an Esaad privilege card, UAE residents gain access to various discounts and bonuses at 7,000 of local and international establishments, allowing for significant money saving.
8. Access to UAE’s education and healthcare
   The UAE and Dubai in particular are famous for their world-class educational institutions with internationally recognized curricula and top-notch healthcare facilities. Furthermore, Golden Visa holders can take advantage of considerable discounts with healthcare providers through the Esaad program.
9. Business and investment opportunities
   The UAE is internationally famous as the Middle East’s top business hub and one of the best places for business and investments in the world. Under the UAE Golden Visa program, investors and entrepreneurs can enjoy numerous opportunities for growth in the country’s various economic sectors, as well as tax reliefs and other bonuses provided by the UAE government policies.
10. Range of eligibility options
    The most common ways of receiving a Golden Visa are through investing in the UAE public or real estate sectors in the amount of AED 2 million (eligible for a 10-year visa) and by introducing an innovative business project with an esteemed value of AED 500,000 (eligible for a 10-year visa). However, there are other ways of gaining the Golden Visa status, as it can be applied for by outstanding specialized talents in various fields of expertise, outstanding students and athletes, humanitarian work pioneers, and frontline heroes.
11. Freehold property ownership
    Further cementing its holder’s ties to the UAE, the Golden Visa status allows for purchasing real estate in the country with full freehold ownership. This is a major benefit for individuals interested in tapping into investments in the local property market, which has famously grown in recent years and is considered an extremely lucrative opportunity for foreign investors.
12. Retirement planning options
    For those wishing to retire in the UAE, the Golden Visa program also offers retirement options. It is especially beneficial for individuals seeking to spend their golden years in a country renowned for its high living standards, advanced infrastructure, excellent security, warm climate, and cultural diversity.

Thinking of Applying for UAE Golden Visa?

Overall, the UAE Golden Visa offers a range of benefits to investors, entrepreneurs, and skilled professionals with their families. It provides the opportunity to live and work in a country that has created excellent conditions for safe living, profitable businesses, and broad prospects for personal development without fear for your future and the future of your family members.

The Emirabiz team will be happy to guide you through the entire process of getting the UAE Golden Visa.