The Federal Authority for Identity and Citizenship has announced the launch of the mechanism for applying for permanent golden residency through a site dedicated to visas for entrepreneurs and owners of specialized talents, with the aim of considering the applications submitted and the procedures followed for granting permanent golden residency to entrepreneurs and owners of specialized talents.

Through the website https://business.goldenvisa.ae, the application will be registered and official documents provided to identify in detail the projects before granting permanent golden residency, and the Federal Authority for Identity and Citizenship will complete the necessary procedures to issue visas for entrepreneurs and talents Specialist, as the electronic system facilitates the application process and enables the relevant government agencies to review applications and attachments to ensure that they complete the required conditions.

Ali Mohammed Al Shamsi, Chairman of the Federal Authority for Identity and Citizenship, stressed that “the launch of the official website to receive requests for golden residency for entrepreneurs and owners of specialized talents represents the starting point for benefiting from great benefits and unprecedented features that allow business owners wider prospects and more diversified options to manage their investments and develop them with high efficiency, They shorten many procedures and provide them with great facilities not only on the personal and family levels, but also on the practical level through simplifying the procedures and providing all elements of success.

The CEO of Dubai Future Foundation Khalfan Jumaa Belhoul said that the launch of the official website to receive requests for golden residency for entrepreneurs and those with specialized talents represents a new step in supporting the government's efforts to create a foster and stimulating environment for entrepreneurs and startups, and enhancing opportunities for project success through the development of an advanced infrastructure and legislative system Developed in cooperation with government and private agencies concerned with attracting and supporting global and national talents in various vital sectors and future domains.

For his part, Undersecretary of the Department of Economic Development in Abu Dhabi, Rashid Al Balushi, affirmed that the launch of the online platform for golden residency requests represents a distinguished step in facilitating access to all information and data, and enhancing opportunities to attract business leaders, owners of distinguished experiences and creative thought. Al-Balooshi added: "Through cooperation with our partners in the Federal Authority for Identity and Citizenship and the Dubai Foundation for the Future, we seek to create a system of cooperation to enhance an attractive environment for business in the country."

The launch of the website comes in implementation of the Cabinet’s decision regarding the regulation of residence permits for investors, entrepreneurs and owners of specialized talents, which provides for granting the benefits of permanent golden residency to investor categories, entrepreneurs, owners of specialized talents and researchers in various fields of science and knowledge, and brilliant students with promising scientific capabilities.

Entrepreneurs are granted a five-year visa with the ability to qualify for permanent residence for investors in the event that the conditions of the investor category are met, as the Council of Ministers approved permanent gold residency for investors, entrepreneurs, owners of specialized talents, researchers in the fields of science and knowledge, and outstanding students in order to facilitate business practice and create An investment environment that attracts and encourages the growth and success of business for investors, businessmen and talented people.

The site facilitates the application process, and enables the relevant government agencies to review applications and attachments.