To qualify for a 10-year Golden Visa for investments not related to real estate, you must open a fixed bank deposit or invest in an investment fund — amounting to AED 2M (USD 545K) or more. If you are 55 years old or older, you can apply for a 5-year Golden Visa with a fixed deposit of AED 1M (USD 272K).
To do this, you need to sign an agreement with a UAE bank or an investment fund accredited in the state for a deposit/investment with a term of at least two years.
You can also apply for a Golden Visa for your family members: wife or husband, children and parents.
How to get a Golden Visa for investments in UAE banking institutions or an accredited investment fund
Step 1. Opening a bank account in the UAE
Step 2. Placement of a fixed deposit
Step 3. Receiving a deposit confirmation from the bank
Step 4. Obtaining a residence visa
Advantages:
- No restrictions on the duration of stay outside the UAE.
- You can take a loan from the bank secured against your deposit and use the funds at your discretion — to start a business, invest in real estate, etc.
- UAE banks offer the most favourable conditions for deposits and lending.