Definition
A Golden Visa is a long-term residency authorization that permits foreign nationals to live, work, and study in a country without requiring traditional employer sponsorship. Golden Visa programs are designed to attract high-net-worth individuals, skilled professionals, and innovators by offering extended residency security and autonomy. The concept has been adopted by numerous countries to compete for global talent and investment capital.
UAE Context
Launched in 2019 and significantly expanded in 2022, the UAE Golden Visa grants 5-year or 10-year renewable residency to investors, entrepreneurs, scientists, exceptional students, skilled professionals, and humanitarian pioneers. Eligible professionals must earn a minimum monthly salary of AED 30,000, while real estate investors must hold property valued at AED 2 million or more. Golden Visa holders may sponsor family members independently and retain their visa even when not employed, representing a fundamental shift in UAE immigration policy.
Key Facts
| Item | Detail |
|---|---|
| Launch year | 2019; major expansion in 2022 |
| Duration | 5-year or 10-year renewable |
| Investor threshold | AED 2 million in real estate |
| Salary threshold | AED 30,000/month for skilled professionals |
| Issuance to date | Over 150,000 visas granted |
Vision 2031 Relevance
The Golden Visa is central to the UAE’s 2031 objective of becoming a premier global hub for talent and innovation. By offering residency certainty to high-value individuals, the program encourages long-term commitment and supports economic diversification, knowledge-economy growth, and the UAE’s standing as a top destination for skilled migration.