{"id":109471,"date":"2021-05-29T18:24:39","date_gmt":"2021-05-29T12:54:39","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=109471"},"modified":"2021-05-30T12:21:22","modified_gmt":"2021-05-30T06:51:22","slug":"uaes-golden-visa-system-offers-long-term-residency","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/uaes-golden-visa-system-offers-long-term-residency\/","title":{"rendered":"UAE&#8217;s &#8220;Golden Visa&#8221; system offers long-term residency"},"content":{"rendered":"\n<h5><strong>What is the News?<\/strong><\/h5>\n<p>Bollywood actor Sanjay Dutt has received his golden visa from the UAE government.<\/p>\n<h5><strong>What is a Golden Visa?<\/strong><\/h5>\n<ul>\n<li><strong>The Golden Visa system <\/strong>was introduced by the United Arab Emirates(UAE) Government in 2019.<\/li>\n<li><strong>Purpose: <\/strong>The Golden Visa essentially offers long-term residency (5 and 10 years) to people belonging to specific groups.\n<ul>\n<li>The visa enables foreigners to live, work and study in the UAE without the need of a national sponsor. Further, the foreigners can have 100% ownership of their business in the UAE.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Which are those specific groups? <\/strong>The Visa is offered to the following groups with specific eligible criteria:\n<ul>\n<li>Investors<\/li>\n<li>Entrepreneurs<\/li>\n<li>Individuals with outstanding talents like researchers, medical professionals and person within scientific and knowledge fields<\/li>\n<li>Remarkable students.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h5><strong>Why this move by the UAE Government?<\/strong><\/h5>\n<ul>\n<li><strong>The move <\/strong>targets wealthy individuals ready to offer the UAE significant investment. In exchange, they get an opportunity to reside within the country.<\/li>\n<li><strong>It also aims to<\/strong> attract talented professionals from various fields of expertise and further encourage innovation, creativity and applied research. This will add to the appeal of a career in the UAE for the world\u2019s brightest minds.<\/li>\n<\/ul>\n<h5><strong>Significance for India:<\/strong><\/h5>\n<ul>\n<li><strong>It would attract <\/strong>more Indian professionals and businessmen to the Gulf nation and strengthen the India-UAE Relations.<\/li>\n<li><strong>It will also facilitate <\/strong>the return of Indians to the UAE to resume work after the relaxation of Covid-19-related restrictions.<\/li>\n<\/ul>\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/explained\/uaes-golden-visa-what-is-it-and-who-is-eligible-to-apply-7333143\/\"><strong>Indian Express<\/strong><\/a><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the News? Bollywood actor Sanjay Dutt has received his golden visa from the UAE government. What is a Golden Visa? The Golden Visa system was introduced by the United Arab Emirates(UAE) Government in 2019. Purpose: The Golden Visa essentially offers long-term residency (5 and 10 years) to people belonging to specific groups. The&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/uaes-golden-visa-system-offers-long-term-residency\/\">Continue reading <span class=\"screen-reader-text\">UAE&#8217;s &#8220;Golden Visa&#8221; system offers long-term residency<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1351,1310,164,9],"tags":[1333],"class_list":["post-109471","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-daily-news","category-daily-news-updates","category-international-relations-daily-factly-articles","category-public","tag-ir_0","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704887365},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/109471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=109471"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/109471\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=109471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=109471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=109471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}