Golden Visa: Abu Dhabi’s New Super Yacht Residency Option

golden visa
Golden Visa
Published Date: 05.03.2025

A golden visa can offer a valuable residency option for high-net-worth individuals. The UAE has introduced a unique opportunity for yacht owners to secure long-term residency. This new initiative, known as the Super Yacht Golden Visa, is part of the UAE’s expanding Golden Visa program.

The Super Yacht Golden Visa: What You Need to Know

Abu Dhabi’s new Super Yacht Golden Visa targets yacht owners with vessels 40 meters or longer. Those who qualify will receive a 10-year renewable residency permit in the UAE. This program comes as part of the Golden Key initiative, launched by Yas Marina and the Abu Dhabi Investment Office.

The UAE sees yacht owners as a key source of economic growth. They are expected to contribute to sectors like tourism, retail, and hospitality. By attracting yacht owners, the UAE hopes to further enhance its position as a luxury destination.

For yacht owners, this visa offers a tax-friendly environment. It also provides the flexibility to live or invest in the UAE for a decade, with opportunities to renew the residency.

Alternative To Golden Visa Residency Options in the UAE

If you don’t own a super yacht, don’t worry. The UAE also offers other residency pathways, such as through property investments and business ventures. Entrepreneurs can secure residency by starting a company or investing in real estate.

Dubai has recently opened residency options for content creators and digital professionals. These pathways offer tax-free living while encouraging innovation and economic growth in the region.

The Golden Visa Trend: Countries Competing for Yacht Owners

Countries like Montenegro, Oman, and the Bahamas also offer residency for yacht owners. Montenegro, for example, offers a residence permit when buying property, with a tax-friendly regime for yacht owners.

Meanwhile, the Bahamas has an attractive residency program that allows yacht owners to live in a tax-free environment. These nations recognize the economic potential of attracting affluent boat owners.

As a result, they compete for global yacht owners who bring significant wealth and tourism to their shores. The UAE, Montenegro, and other nations have embraced this growing trend, offering favorable conditions to high-net-worth individuals.

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Conclusion

The Golden Visa offers a flexible and tax-friendly residency option for yacht owners. Abu Dhabi’s Super Yacht Golden Visa is a perfect example of how nations are targeting wealth. As global competition for affluent individuals grows, more countries will likely follow suit.

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