Required Bank Deposits for UAE Golden Visa | Latest Update for Pakistanis

Dubai: The United Arab Emirates UAE has become the top destination for travel and investment worldwide quite quickly. This incredible success is attributed to the country’s proactive business and tourism policies which have fostered a welcoming environment for both visitors and businesses.

Furthermore, it offers a wide range of employment opportunities to foreign nationals especially Pakistanis. Approximately 1.8 million Pakistani nationals or a sizable portion of the UAE’s population, call it home.

Read Also: Updated UAE Visit Visa Fees for Pakistanis – July 2024

Citizens of other countries as well as citizens of Pakistan may apply for the Golden Visa as long as they deposit a certain amount in banks.

What is the UAE Golden Visa?

A long-term resident permit known as the (Golden visa) provides unique advantages to foreign nationals who want to live, work, or study in the United Arab Emirates. Investors, entrepreneurs, scientists, top graduates and students, front-line heroes, humanitarian pioneers, and pioneers in humanitarianism are all eligible for the Golden Visa.

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Minimum Deposits Required in UAE Banks to Get a Golden Visa:

For a minimum of two years, two million dirhams must be put into bank accounts with numerous UAE banks. Following the investment, the banks offer a letter of evidence to facilitate the long-term Golden visa application process for UAE residency.

Local banks require a Dh2 million deposit to assist their clients in obtaining long-term visas.

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