The Golden Residency is a type of visa offered by the United Arab Emirates, which aims to attract investors, entrepreneurs and distinguished professionals to the country. This visa provides a long-term residency of up to 10 years, with the possibility of renewal, and allows its holder to benefit from many advantages and privileges that include stability and exemption from traditional restrictions for short-term residency. The Golden Residency is granted based on specific criteria that include economic achievements, investment, and innovation, reflecting the UAE’s commitment to enhancing the business environment and attracting global talent. The Golden Residency is part of the UAE’s future vision to achieve sustainable development and enhance its position as a global hub for trade and investment. We will review some details about what the Golden Residency is in the Emirates

Definition of golden residency in the Emirates

The UAE Golden Residency is a long-term residency visa granted to investors, entrepreneurs and exceptional talents in various fields. This program was launched to enhance the attraction of talents and investors to the UAE, and support the country’s vision to develop its economy and enhance its position as a global business hub.

The Golden Residence has the following features:

• Duration of stay: The visa provides a residence period of up to 10 years, with the possibility of renewal.
• Eligible categories: The visa includes investors, entrepreneurs, business owners and investors in Dubai , creative people in the fields of culture and arts, scientists, and outstanding students.
• Exemption from restrictions: The golden residency gives its holder greater freedom to reside and work, which contributes to their stability and integration into the UAE society.
• Benefits: Benefits include residency for family members, access to health and education benefits, and licensing and visa facilitation. The Golden Residency is part of the UAE’s strategy to develop the business and innovation environment, and enhance cultural and economic exchange with the international community.

Advantages of the golden residency in the Emirates

The UAE Golden Residency offers many advantages that make it attractive to investors, entrepreneurs, and exceptional talents. Its most prominent advantages include:

1. Long-term stay: The Golden Residence Visa grants long-term residency of up to 10 years, with the possibility of renewal, providing stability and reassurance to its holders.
2. Exemption from traditional restrictions: The Golden Residence Visa provides its holder with greater freedom compared to other visas, including the freedom to reside and work without the need to renew visas frequently.
3. Visas for family members: Golden Residency holders can grant long-term residence visas to their family members, including spouse and children.
4. Ease of obtaining licenses: The golden residency contributes to facilitating the procedures for obtaining commercial licenses and establishing companies, which enhances the business environment.
5. Investment Opportunities: The Golden Residency provides investors and entrepreneurs with the opportunity to benefit from investment projects and opportunities in the UAE without major restrictions.
6. Benefits in education and health: Golden residency holders can avail advanced education and healthcare benefits in the UAE.
7. Stability and integration: The Golden Residency helps enhance the stability of individuals and facilitate their integration into the UAE society, which contributes to achieving personal and professional success. The Golden Residency is part of the UAE’s strategy to attract creative minds and investors and support economic growth and innovation.

Documents required to obtain a golden residency in the Emirates

To obtain the golden residency in the Emirates to start investing in Dubai , a set of required documents and papers must be submitted, which may vary slightly depending on the target category (investors, entrepreneurs, exceptional competencies, etc.). However, the basic documents usually include:

1. Passport: A colour copy of a valid passport.
2. Portraits: A number of personal photos with a white background.
3. Proof of qualifications: Documents that prove academic or professional qualifications, such as university or professional degrees.
4. Financial documentation: Documents proving financial ability, such as bank statements, investment certificates, or company articles of incorporation.
5. Resume: An updated resume that outlines professional experience and accomplishments.
6. Letter of Support: A letter from your employer or the entity you deal with, explaining the reason behind submitting the Golden Residence application.
7. Background Check: A criminal record or travel history report may be required to ensure there are no criminal records.
8. Electronic application: Fill out the application through the electronic portal concerned with the golden residency, and provide all the required details.
   It is always preferable to check the latest requirements and guidelines from the official authorities in the Emirates or to seek the help of a legal advisor or a company specialized in immigration services to ensure that all procedures are completed correctly.

The importance of the golden residency in the Emirates for establishing companies

The UAE Golden Residency plays an important role in enhancing the business environment and establishing companies , thanks to the advantages it offers to business owners and investors. Here are some points that illustrate the importance of the Golden Residency in this context:

• Long-term stability: The golden residency provides long-term stability for investors and business owners, contributing to long-term business planning and developing sustainable growth strategies without worrying about periodic visa renewals.
• Facilitating licensing procedures: The golden residency contributes to facilitating the process of obtaining commercial licenses and establishing companies, which reduces bureaucracy and enhances the speed of starting a business.
• Attracting investors: By offering long-term residency visas, the UAE attracts foreign investors looking for a stable and encouraging business environment, which enhances the flow of investments into the country.
• Possibility of granting visas to family members: The Golden Residency enables business owners to grant long-term visas to their family members, which enhances personal and family stability, and makes moving to the UAE easier.
• Supporting innovation and development: The Golden Residency enhances the UAE’s attractiveness as a destination for innovation and development, allowing investors and entrepreneurs access to a sophisticated business environment and supportive resources.
• Business Networking Opportunities: The Golden Residency provides investors with the opportunity to connect with local and international business networks, which contributes to opening new doors for cooperation and partnerships.
• Speeding up government procedures: Golden Residence holders often enjoy faster and more flexible transactions when investing in Dubai and with government agencies, making it easier to carry out administrative and legal procedures.

Therefore, the golden residency contributes significantly to improving the business environment in the UAE, making it an attractive destination for establishing companies and developing projects.

Itqan Company’s services in obtaining the golden residency in the Emirates

Itqan Company provides a set of integrated services to help individuals and companies obtain the golden residency in the Emirates, through:

• Customized Consultations: Itqan provides comprehensive consultations on the requirements for obtaining the golden residency, and helps in understanding the criteria for each of the eligible categories.
• Document preparation: The company helps in collecting and preparing all the documents and papers required to submit the golden residency application, including financial, academic, and professional documents.
• Submitting applications: Itqan handles the submission of the Golden Residency application on behalf of clients, ensuring that all procedures are carried out in accordance with government requirements.
• Communication with government agencies: The company deals with the relevant government agencies to ensure that the process runs smoothly and quickly, saving time and effort for customers.
• Providing legal support: Itqan provides legal support to ensure compliance with all laws and regulations related to the golden residency, and to provide legal advice when needed.
• Continuous Updates: Itqan keeps its clients informed of any changes in laws or requirements related to the Golden Residency.
• Follow-up services: After obtaining the golden residency, the company provides follow-up services to ensure visa renewal and meet any additional needs that may arise.

With these services, Itqan helps clients achieve their goal of obtaining the golden residency in an efficient and simplified manner, enhancing their experience and ensuring that all requirements of the competent authorities are met.

In conclusion, the UAE Golden Residency represents a unique opportunity for individuals, investors, and creative professionals to achieve stability and prosperity in a sophisticated business environment. With its many advantages, such as long-term residency, facilitating government procedures, and attracting investments, the Golden Residency contributes to enhancing economic growth and innovation in the UAE. Through this visa, the UAE seeks to attract global minds and skills, which contributes to achieving the country’s future vision and developing its economy in a sustainable manner. The Golden Residency is a strategic step for anyone who aspires to settle and grow in one of the world’s most prominent business destinations.