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Buy a yatch and get a 10-year golden visa for tax-friendly Dubai, Abu Dhabi

Business Standard LogoBusiness Standard12h ago

Buy a yatch and get a 10-year golden visa for tax-friendly Dubai, Abu Dhabi - Business Standard

Quick Summary:

The United Arab Emirates (UAE) has recently expanded its Golden Visa program to include superyacht owners and key executives in the yachting industry, offering them a 10-year renewable residency.

In December, Abu Dhabi launched the ‘Golden Quay to Abu Dhabi’ initiative, a collaboration between the Abu Dhabi Investment Office (ADIO), the Department of Culture and Tourism (DCT Abu Dhabi), and Yas Marina.

A smart move to boost maritime tourism and investment," said Daniel Dronsfield, Client Services Director - EER Middle East, a provider of corporate services, immigration and relocation in the region.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-14 @ 12:47:06 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 544 words

Reading Time: 4 minutes read

Sentences: 17 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28704494

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 267 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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