Business & Economy · 3 views
The ‘golden visa’ isn’t just for the rich: UAE offers 10-year residency to $545,000 property buyers—or for nurses, teachers, and e-sports pros
The standard golden visa bargain was simple: residency in exchange for money. Wealthy foreigners put hundreds of thousands of dollars into real estate or businesses, and governments gave them a foothold abroad.
AI Summary
The United Arab Emirates’ golden‑visa program, launched in 2019, grants 10‑year residency to foreigners who invest at least $545,000 in property. The scheme also targets skilled professionals, initially including researchers, teachers and specialized talent, and later expanding in 2020 and 2022 to cover doctors, nurses, engineers, tech workers and e‑sports gamers. By broadening eligibility beyond wealthy investors, the UAE aims to attract a wider range of expatriates to support its economic and talent goals.
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