The investor golden visa was launched to allow expats and foreigners to invest in UAE, along with enjoying all the benefits of living in the country.

There are many benefits for investors to have a golden visa such as:

1.  Opening a bank account in the UAE

An investor with a residence permit may open accounts in the UAE banks in dollars, euros, dirhams or other currencies. This account is suitable for savings and international transfers.

2. Getting a driver’s licence

In order to drive a car in UAE, a resident must obtain a UAE driver’s licence. Usually, passing an exam is required, but citizens from US, UK, Germany, Australia, Turkey, Spain, India and some other countries may just exchange their licence.

3. Access to the UAE healthcare and educational systems

The UAE is a world medical tourism centre; specialists in orthopaedics, dermatology, dentistry, and reproduction are in great demand. Foreigners with the UAE residency visas can be treated in the country’s clinics.

Various international schools are available in the country and the higher education programmes are mainly in English. Investor’s children may attend schools and universities in the UAE.

4. Tax optimisation

Properties, capital gains, income, inheritance and gifts are exempt from taxation in UAE. There’s also still no tax on corporate profit, but starting from 2023 it will be 9% if a company generates a profit of AED 375,000+ which is still lower compared to corporate tax in many other countries.

5. Moving to the UAE

Residing in the UAE is not mandatory. Investors and their families may move to the UAE, one of the safest and most developed countries worldwide. They also can visit the country anytime they wish.

6. Visas for the whole family

Main applicants may sponsor their spouses and children to get long-term visas. Parents can be also granted a 1-year visa.