Cabinet Resolution No. (8) of 2021 regarding the regulation of Golden Visa
Article ( 1 )
Definition:
In implementing the provisions of this resolution, the following words and expressions shall have the meanings indicated next to each of them, unless the context of the text requires otherwise:
| Terminology | Definition |
|---|---|
| Country/State | United Arab Emirates |
| ICP | Federal Authority For Identity and Citizenship, Customs and Port Security |
| The specialized Authority | Any of the federal or local authorities in the UAE |
| Foreigner | Anyone who does not have the Citizenship of the UAE |
| Investor | The foreigner who invests his money in the country to achieve gains or returns |
| Entrepreneurs | The foreigner who owns an economic project of a technical or future nature based on risk and innovation, in accordance with the controls referred to in this decision |
| Outstanding Specialised Talents | A foreigner who possesses superiority, skill, leadership, or outstanding talent in the fields of science, knowledge, or various sports and other fields |
| Outstanding Students | A student who graduated from high school or from the university who obtained the grades described in this decision. |
Article ( 2)
Scope of Agreement
1. The decision shall apply to foreigners of the following categories:
- Investors
- Entrepreneurs
- Specialized talents and researchers in various fields of science and knowledge.
- Outstanding students with promising scientific capabilities.
2. The residency granted to the groups referred to the Decision is called the Golden Visa
For more Info: https://smartservices.icp.gov.ae/echannels/web/client/guest/index.html#/goldenServicesDashboard
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