How to get a Golden Visa in the UAE
/The collaboration agreement between ADGM and FIAC aims to create an attractive investment environment.
The Abu Dhabi Global market makes it easy for recipients of the recently introduced Golden Visa regime in the UAE through a collaboration agreement with the Federal Authority for Identity and Citizenship (FIAC).
The cooperation agreement was signed by Brigadier General Saeed Salem Al-Shamsi, Executive Director of the General Directorate for Residence and Foreigners in Abu Dhabi, and Daher bin Daher AlMeyri, Director General of the ADGM Registration Authority.
The goal is to “facilitate the conduct of business and create an attractive investment environment for companies and entrepreneurs,” which the parties announced in a joint statement on January 8.
“The registration authority will provide FIAC with the necessary support for issuing gold visas through the ADGM electronic portal. The new visa will include certain categories of investors, entrepreneurs, professional talent researchers, and outstanding students. The visa-issuance process will be consistent with the conditions specified in Resolution No. 56 since 2018, ”the report said.
Learn more about citizenship by investment programs
The registration authority will have “exclusive rights” to issue golden visas in the emirate of Abu Dhabi.
Said Salem Al-Shamsi, Executive Director of the General Directorate for Residences and Foreigners in Abu Dhabi, noted that they are constantly working and establishing new partnerships with the public and private sectors to maximize efficiency.
Daher bin Daher Al Meiri, CEO of ADGM's registration authority, said the agreement was part of his efforts to promote the UAE and Abu Dhabi as an international investment destination.
The program is open and designed for four groups of people: investors, entrepreneurs, especially talented people and researchers in the field of science, outstanding students.
Under this program, it is necessary to invest 10 million dirhams (approximately 2.72 million US dollars) in the fund or 5 million dirhams (1.36 million US dollars) in real estate
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