Explained: 6 categories under which expats can get UAE’s expanded Golden Visa scheme

Explained: 6 categories under which expats can get UAE’s expanded Golden Visa scheme

The new 10-year visas will come in to effect with other reforms next month

Published: Wed 17 Aug 2022, 10:40 AM

The UAE has announced substantial amendments to its Golden Visa scheme by adding new categories to attract the world’s best talent.

The expanded categories of 10-year visas will come in to effect with other visa reforms from next month. The visa holders can sponsor their family members (regardless of their age) and domestic staff without limiting their numbers.

Importantly, there is no restriction related to the maximum duration of six months outside the UAE in order to keep the Golden Visa valid.

Below is the expanded list of categories that are eligible for Golden Visa:

>>> Real estate investors: People investing Dh2 million and above are eligible for the Golden Visa. Under the new rule, investors buying property through a mortgage from a local bank can also apply for the Golden Visa. Investors buying off-plan properties can apply too.

>>> Exceptionally-talented individuals: This category will benefit a large number of talented foreigners who are looking to make UAE their home. Under this category, talented people in the field of art, culture, digital technology sports, innovation, medicine, law and others can apply. Importantly, the 10-year visa is