"HUB71" recommends international entrepreneurs for the "golden visa"

Hub71, the global technology system in Abu Dhabi, announced its selection from the Abu Dhabi Residents Office of the Department of Economic Development, as an institution authorized to recommend exceptional talents in the field of technology, to obtain the golden visa for entrepreneurs from Abu Dhabi.

Hub71 will evaluate applications and issue recommendation letters to talented entrepreneurs in the field of technology, so that they can obtain the golden visa, in accordance with the requirements set by the Department of Economic Development in Abu Dhabi and the Federal Authority for Identity and Citizenship.

Once the entrepreneurs receive a recommendation letter from Hub71, the department and the authority will respond to inquiries related to the final approval and issuance of the golden visa for entrepreneurs.

It is noteworthy that the golden visa is valid for five years, and enables foreign entrepreneurs and residents in the UAE to obtain long-term residency, to build and expand the scope of innovative technology solutions, and the visa will also be obtained by both the wife and children, in addition to three executives working with the entrepreneur, So that all of them can live, work and study.

Innovation, entrepreneurship and advanced industries are among the priorities of the UAE, and fall within the framework of its ambitions to create a diversified knowledge-based economy, in line with the UAE Centennial Plan 2071.

Hub71 will review applications from entrepreneurs working in a variety of technology sectors, including financial, health and education technology, e-commerce, artificial intelligence and big data.

Ibrahim Ajami, Acting CEO of Hub71, Head of Projects and Growth at Mubadala Investment Company, said that the Emirate of Abu Dhabi provides entrepreneurs with the necessary infrastructure, the resources and support they need from the public and private sectors, to enable founders to succeed in a growing market where innovation is represented. a pivotal role for its long-term future.

He added: "From this standpoint, we call upon the change makers in our local and international community, who have bright ideas and bold visions, to advance sectors of national importance, bring about positive change in our society, as well as take advantage of the growth opportunities offered by the UAE."

The entrepreneur must own a successful project in the UAE with a value of not less than 500,000 dirhams, and the project must be related to specific economic sectors, such as information and communications technology, financial services, health, medical and pharmaceutical industries, tourism, agriculture, food and agricultural products manufacturing, aviation and defense, petrochemicals, industry and education.

For entrepreneurs whose projects focus on other sectors, Hub71 can support their applications as an institution approved by the Abu Dhabi Department of Economic Development.

• Abu Dhabi provides entrepreneurs with the necessary infrastructure, resources and support.

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