UAE: Golden and silver visas most popular among investors

UAE: Golden and silver visas most popular among investors

Industry experts say the top three categories of residency are golden, silver and retirement visas

Published: Fri 24 Jun 2022, 7:31 AM

Golden and silver visas are more popular among foreign investors, entrepreneurs and high-net-worth individuals (HNWIs) as they want to be part of the success of the emirate in the post-pandemic era, experts say.

Industry specialists and business consultancies said recent visa reforms offer several options to foreign investors and individuals seeking freelance work permits in the UAE.

"Investors are keen to capitalise on opportunities and get visas which serve their interests within their budgets. Dubai has emerged as an economic powerhouse or an international business hub after its successful strategy to contain the Covid-19 pandemic," they said.

Available visa options

Industry experts said there are several options available to secure residency permits in the UAE, but the top three categories include golden, silver and retirement visas.

In addition, a Dubai investor visa or a partner visa is available to those who are keen to invest Dh1 million or more in a single residential property with the condition that a maximum of 50 per cent of the property value should be under mortgage with the bank.

Moreover, investors who have invested in the UAE or have started