[VaralPATeam4@varaluae.com]

One client asked further details regarding the difference between business residence visa and the newly implemented 10-year golden residency visa.

If he opt to apply for gold card visa could there be any changes for company charges?
and who are eligible to apply for this type of visa?

Thank you!

[companyservices2@varaluae.com]

What requirements must foreign investors meet?
At least one of the conditions below must be fulfilled:

A deposit of up to Dh10million in an investment fund in the UAE.
Owner of a company with Dh10m in capital or a partner in a company with a share of up to Dh10m.
In addition, all of the below conditions below must be met:
The investment fund must be fully owned rather than it being funded through a loan. Proof must be provided.
The investment should be held for at least three years.
The investor must provide a comprehensive insurance document for themselves and their family.
What are the requirements for entrepreneurs?
Must own a successful project valued at Dh500,000 or more in a certified field in the UAE.

Must have the approval as a certified business incubator who founded the project

Must provide a comprehensive health insurance document for themselves and their family.

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