The UAE government has recently updated its Golden Visa program to focus on attracting top talent in the fields of artificial intelligence (AI) and climate-related sectors. This initiative is designed to boost innovation and foreign investment within Dubai, contributing to the city’s ambition to become a global leader in these critical areas.
Key Features of the Updated Golden Visa Program
- Long-term residency of up to 10 years for eligible foreigners
- Aims to attract specialists and innovators with valuable skills
- Encourages living, working, and studying in the UAE
Significance of the Update
This shift in focus will help the UAE:
- Maintain its competitive edge in technology and environmental sustainability
- Support its vision as a hub for cutting-edge technologies and climate solutions
- Diversify its economy beyond oil dependence
- Strengthen scientific research and green technology development
In 2023 alone, Dubai granted 158,000 Golden Visas, reflecting strong demand and success of this long-term residency initiative launched in 2019.
Stay tuned to Questiqa World News for more updates on this evolving program and other related developments in the UAE.
About The Author
