Cabinet Resolution No. (8) of 2021 regarding the regulation of Golden Visa
Article ( 1 )
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:
|United Arab Emirates
|Federal Authority For Identity and Citizenship, Customs and Port Security
|The specialized Authority
|Any of the federal or local authorities in the UAE
|Anyone who does not have the Citizenship of the UAE
|The foreigner who invests his money in the country to achieve gains or returns
|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
|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:
- 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