Unlock Abu Dhabi with Golden Visa Program
New Golden Visa Program for Superyacht Owners in Abu Dhabi
A new initiative has launched in Abu Dhabi, the capital of the United Arab Emirates, offering long-term residency to superyacht owners. As part of the so-called 'Golden Quay' program, selected owners and key players in the yacht industry can receive a 10-year UAE Golden Visa, providing an opportunity to explore the emirate's investment and tourism opportunities.
What is Golden Quay?
The aim of Golden Quay is to make Abu Dhabi attractive to high-net-worth individuals and encourage them not only to visit but to invest in the emirate. The initiative is spearheaded by the Department of Culture and Tourism Abu Dhabi (DCT Abu Dhabi), in collaboration with the Abu Dhabi Investment Office (ADIO) and Yas Marina's operator, Miral's subsidiary, Yas Asset Management.
A central element of the program is that selected superyacht owners gain access to the city’s exceptional investment opportunities while enjoying world-class services at Yas Marina.
Benefits of the Golden Visa
The Golden Visa not only offers the prospect of long-term residency but also enables owners and their families to fully capitalize on the UAE's economic and tourism infrastructure. The new program is closely aligned with Abu Dhabi's 2030 tourism strategy, aimed at sustainable growth and promoting investment.
Who is eligible?
Under the Golden Quay, the following individuals and their family members are eligible for the visa:
1. Owners of private yachts exceeding 40 meters in length.
2. Key figures in the yacht industry, such as:
a. CEOs and other executive officers.
b. Major shareholders in yacht-building companies.
c. Central yacht agents.
d. Providers of yacht-related services and insurance products.
How to apply?
The official nomination process for the program is carried out through Yas Marina and ADIO. These institutions evaluate the applications and ensure that applicants meet the criteria.
Why invest in Abu Dhabi?
Abu Dhabi is not only the economic hub of the UAE but also a dynamically developing tourist destination. For those who enjoy a luxury lifestyle, the city offers numerous premium services, from the world-famous Louvre Abu Dhabi to the Ferrari World theme park. Additionally, the city’s investor-friendly regulations and rapidly growing real estate market add further appeal.
Conclusion
The Golden Quay initiative presents a unique opportunity for those wishing to establish long-term residency in Abu Dhabi and benefit from the advantages offered by the emirate. The new program provides significant opportunities not only for superyacht owners but also for key players in the yacht industry to integrate into one of the world's most dynamic economies.
If you are a superyacht owner or part of the yacht industry, this new Golden Visa program could be the ideal entry into Abu Dhabi’s fascinating world.
