What is Golden Visa in Details

The United Arab Emirates is a favorite destination for tourists and investors.

Here, you can find the tallest skyscraper Burj Khalifa and entertainment facilities in the original style. However, people with impressive capital come here for recreation and to invest their money. 

To get the coveted document, which provides residency by investment, you should contact a professional of the Immigrant Invest Zlata Erlach. She will provide you with all the required documents and help you to participate in the program successfully.

Understanding the Golden Visa

Today, there are many ways to get a golden visa for those with impressive capital and unique abilities. This document provides for residence in the United Arab Emirates and the use of all the benefits offered by the state. This type of visa was created to attract the best professionals from all over the world in the field of business, science, engineering, nanotechnology, medicine, management, and others. 

Over the past ten years, more than 50,000 people have taken advantage of this program, who can now:

• enjoy the best resort in the world;
• have 100% ownership of a business;
• reside in the country without a patron;
• enjoy medical and educational services.

This long-term residence permit in Dubai is issued for five and ten years with automatic renewal.

Investment Options for Golden Visas

When investing assets in the economic component of the country, it is essential to outline the potential advantages and opportunities. Investing is always about the opportunity to generate income and reach a new standard of living. Holders of special status have the chance to: 

1. Not to pay income and corporate taxes. The UAE has provided this business agreement for all depositors who have decided to do business in the country.
2. The prospects of doing business and establishing new profitable cooperation.
3. A wide range of choices for investing resources.
4. Conducting money transactions and generating income in the heart of commerce and financial services.

Dubai has taken a leading position among other countries as a place to invest in the sectors: tourism, economy, technology, and blockchain. Here, a participant in the golden visa program has unlimited opportunities, depending on his goals and requirements. 

Application Process for Golden Visas

The worldwide Golden Visa in UAE program has time limits and financial requirements. Participants who choose to invest in real estate must:

• have the full amount of 2 million dirhams, not less;
• assets are provided in full and must necessarily be non-credit;
• have supporting documents on the right of ownership.

The process of applying for residency by investment lasts from 1 month. After that, it all depends on the number of applicants and the speed of consideration of your application by the government authorities. 

Advantages of Obtaining a Golden Visa

Having received a long-awaited golden passport, the investor gets an opportunity to enjoy all the benefits of the country, which many people do not have access to. In the United Arab Emirates, the holder of the cherished document of the country can appreciate all the benefits, including:

• an increased right of residence;
• sponsorship of dependents or family members;
• independence to work and stay in the country;
• access to exclusive health insurance packages.

The state also provides many special cards to visit famous locations in the country.

Potential Drawbacks and Risks of Golden Visas

Any investment is a risk. Everything depends on how thoroughly the investor believed and calculated all the probable outcomes of his deposit. Some risks are the following: declining real estate market performance, unfavorable trade, and currency growth predictions, massive stock sales, and foreign policy factors. 

As for the disadvantages, we can note the high prices, hot climate, mentality, and high requirements for potential holders of this type of visa. 

Choosing the Right Golden Visa Program

In addition to the above information, it is worth noting that every year, the number of those wishing to obtain a legal permit to stay in Dubai is increasing. Leading experts, scientists, inventors, war heroes, and financial geniuses participate in the golden passport program by choosing the best programs at Immigrant Invest.

Conclusion

The company Immigrant Invest offers asset holders to invest their money in the most influential and top country in the world – UAE. The firm’s staff will help make your dreams come true and provide you and your children with a special status that includes residency, business, education, and a promising future. With quality service and experienced professionals, you will not have to worry about the success of cooperation. We take care of the most complex and time-consuming work.