The UAE is a place where expats enjoy a tax-free income along with a stable economy and high standard of living. No wonder that thousands of people are making the UAE their home with opportunities in different industries, including development, finance, real estate, etc. By means of the Golden Visa program – which enables high-net-worth individuals, skilled professionals, and entrepreneurs, foreign investors to obtain long-term residence – the country welcomes individuals and families. All that you will need to settle down in the UAE is covered in this guide, from visa options to housing and healthcare.
- The main reasons for moving to the UAE include a tax-friendly system, a stable economy, a high level of safety, and the Golden Visa program.
- Before moving to the UAE, you need to prepare for housing and accommodation, plan your healthcare needs, review education options, and calculate the budget for costs.
Why Move to the UAE?
Global Media Insight states that the UAE population is estimated to be 12,50 million in November 2024. 88.50% of the population are expats. These numbers show that many expats prefer to live in the UAE. So let's see the top benefits and reasons for moving to UAE.
1. Tax-friendly System
Dubai has one of the most tax-friendly systems. You don’t pay income taxes, property taxes, capital gains, or VAT on resales and rentals. This helps its residents to get the most profits and becomes a major reason for moving to the UAE.
2. Job Opportunities
There are many job offers in the UEA, especially in the fields of technology, finance, hospitality, and real estate. As an expert, you can research in your field, apply for a job and move to the country after the acceptance.
3. Stable Economy
Industries such as tourism, IT, and construction are cornerstones of UAE’s growing economy and rising GDP.
4. Safety and Security
The level of crime in Dubai according to Numbeo is 12.36 (very low indicator), and the safety index is 83.77 (very high indicator). The government and authorities provide a high level of safety and security making moving to the UAE a reasonable decision.
5. Golden Visa Program
Golden Visa is specifically designed for entrepreneurs, investors, and professionals and promises to grant a UAE residency for 10 years. As an investor, after meeting the eligibility criteria, all you need to do is to invest at least AED 2,000,000 in real estate. Make sure the property you try to acquire is in the free zone area.
6. World-Class Education and Healthcare
Dubai also offers a high-quality education and healthcare system. Both areas are continuously emphasized, providing its residents with top-notch education and excellent healthcare.
Step 1: Choose the Right Residency and Visa Option
When you are moving to UAE, it is important to stay in the right category of residency and look for information in accordance with your situation. As an employee, you can apply for an employment visa, sponsored by your employer. Alternatively, you can choose the Golden Visa which is open for investors, entrepreneurs, specialized professionals, and grants residency for 5-10 years. For freelancers, the UAE offers freelance visas, which is ideal for creative or tech professionals. Moving with the family, you’ll need a family visa for your dependents.
Criteria, types of documentation, and the processes for applying differ from one visa type to another. It is advisable to begin the visa application process early, as processing times may vary. Also be sure to inquire about the potential of extending your stay, or upgrading to a long-term visa if you plan to be there longer than the standard length of stay.
To make sure you do everything correctly, contact our specialized agents, who are ready to help and guide you through the whole process.
Relocation to the UAE comes with new opportunities for career advancement, investment options, and a high standard of living. Due to its tax advantage, the country, which is safe, also benefits from a developing economy makes it a highly desirable place for expats and investors. With prior planning and an understanding of the country’s systems, you can ensure a seamless transition and enjoy a new life in this region.
FAQ
Yes, UAE is considered one of the best places to live because of its low crime rate, advanced healthcare and educational systems, and tax-free income.
Yes, living in the UAE is considered more affordable than in the US. Read this article to compare the costs.
The UAE is considered one of the safest places to live. It has a safety index score of 84.43, which indicates a high level of safety.
In the UAE, most expats live in Dubai, Abu Dhabi, or Sharjah.
Depending on the option you choose to get UAE citizenship, the required timeline will vary. For example, obtaining citizenship by Golden Visa may take 10 years, while acquiring citizenship by naturalization takes 30 years.
