UAE’s Golden Visa

Context: Legendary actor Rajinikanth recently received the UAE’s prestigious Golden Visa from the Department of Culture and Tourism.
 

Eligibility

•    Skilled   professionals,   entrepreneurs,   investors   with some minimum threshold;
•    Students   from   prestigious   universities   and   talented individuals with exceptional skills or achievements in various fields like science, arts, culture, etc.

Key features of Golden Visa

•    Long-term residency: Offers residence permits valid for either 5 or 10 years with the option to renew.
• No sponsor required: Unlike traditional UAE residency visas, the Golden Visa does not require sponsorship from a local employer. Moreover, it provides the right to sponsor family members and an unlimited number of domestic help.
•    Freedom to Work: The ability to live and work in the UAE without a separate work permit.