Individuals, businesses and freelancers are choosing Abu Dhabi as their new home. Today, Abu Dhabi is as famous as other destinations like New York, Miami or even Paris to build a life or career. People from across the globe view the city and the UAE as a destination of opportunities and benefits.
The Abu Dhabi Golden Visa was introduced in the year 2019 to encourage investors and skilled white collared workers to stay longer in the country. In this blog we will understand what the Golden Visa is, the different benefits it offers and how BLZ can assist you in applying for Abu Dhabi Golden Visa.
What is Abu Dhabi Golden Visa .
Abu Dhabi’s Golden Visa is a long-term residency program designed to offer unparalleled benefits for foreign talents, investors, skilled workers and their families. This was introduced in the year 2019 and has benefits beyond usual visas. Some of which include no requirement for a local sponsor, access to world-class healthcare and education, and tax-related benefits. This strategic initiative is tailored to attract skilled professionals and contribute to the UAE’s dynamic growth and global standing.
Benefits of the Golden Visa
Long-Term Residency (10 Years)
The Abu Dhabi Golden Visa grants a 10-year residency which is significantly longer than other visa services. This extended duration offers a solid foundation for long-term residency and professional development which is vital for establishing deeper roots in Abu Dhabi. It opens extensive opportunities for career advancement and business growth that are typically unattainable with shorter visa terms.
Most importantly, another factor making the Abu Dhabi Golden Visa sought-after is that it allows families to integrate into the UAE’s community and cultural life. This makes individuals stay in the country longer. Individuals with the Abu Dhabi golden visa can live and work in any of the 7 emirates – Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
Property Ownership
Another important reason that makes the Abu Dhabi Golden visa sought after is that you can own a property in Abu Dhabi or any of the emirates in UAE. This opens opportunities for both residential and commercial investments without the burden of the previous AED 1 million minimum down payment requirement. In addition to this is the tax exemptions on rental income and capital gains that individuals gain from investing in property.
Access to Employment and Business Opportunities
Individuals today wish to seek work in different organizations and MNCs. The Abu Dhabi Golden Visa makes this possible as it offers unparalleled access to employment and business opportunities, making it highly attractive for entrepreneurs and skilled professionals.
In addition to this the UAE facilitates business setup with its strategic location, robust support and small businesses benefit from tax advantages which are designed to support their growth
Multiple Entry Visa
For most standard visas there are re-entry permissions which can vary depending on the visa type like tourist visa or employment visa. Whereas the Abu Dhabi Golden Visa allows you to enter and exit the UAE as often as possible without any restrictions offering flexibility in travel for business or leisure reasons.
Essad Privilege Card
The Abu Dhabi Golden Visa holders receive an Essad Privilege card. This is a card that provides discounts and offers at numerous retail outlets and restaurants. This is created to make day-to-day living more affordable and enhance the lifestyle of individuals
Some of the key benefits of the Essad Privilege Card are
- Retail Discounts: This offers individuals discounts on shopping at popular brands and electronics and more.
- Dining Benefits: One can also avail discounts on dining at restaurants across the UAE.
- Travel Deals: If you are into traveling then this is definitely a bonus as you can get discounts on flights, hotels, and car rentals for domestic and international travel.
One can find it extremely complex to understand the intricacies of the Abu Dhabi Golden Visa, its requirements, and the various paperwork involved. That’s where BLZ comes in. Our team of expert individuals has a deep understanding of the UAE immigration policies and ensures a smooth and hassle-free visa service experience. We’ll guide you through the entire visa process, from eligibility assessment to document submission. We guide you in each and every step saving you time and helping you make the most of this incredible opportunity to establish a long-term presence in the Abu Dhabi