Among the benefits that volunteering in the United Arab Emirates (UAE) brings is also the opportunity to acquire residency through the Golden Visa Program.
The Residency by Investment scheme (RIP) permits wealthy internationals to reside in the UAE for a period of ten years by financially contributing to this territory and meeting specific conditions, VisaGuide.World reports.
UAE’s Golden Visa Program introduced in 2019 to attract internationals was subject to new changes in March this year. Authorities in UAE announced plans to introduce a ten-year golden visa and five-year silver licenses. The idea was discussed during the government’s Economic Integration Committee.
The new changes were announced in order to increase government revenue, ensure business continuity and also promote economic growth.
Criteria for Benefiting from the Golden Visa Program
The Federal Authority for Identity, Citizenship, Customs, and Port Security has stressed that among the conditions to benefit…