The ‘Golden Quay’ is designed to attract such high-net-worth individuals to invest in and explore Abu Dhabi
A new initiative launched in Abu Dhabi will now offer Golden Visa to superyacht owners in the Capital city.
The initiative has been launched by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), in collaboration with the Abu Dhabi Investment Office (ADIO) and Yas Marina, operated by Yas Asset Management, a subsidiary of Miral.
This offers eligible yacht owners the chance to be nominated for a 10-year UAE Golden Visa, enabling long-term residency. Through the Golden Quay, yacht owners can enjoy unparalleled access to the emirate’s investment opportunities.
The initiative is in line with the city’s Tourism Strategy 2030.
Eligibility Criteria for the Golden Visa
- Private Yacht Owners:
Owners of yachts measuring 40 meters or more. - Industry Executives:
- CEOs of yacht-building companies
- Major shareholders in yacht manufacturing
- Central yacht agents
- Providers of yacht-related services
- Yacht insurance providers
- Family Inclusion:
Immediate family members of the nominees are also eligible.
Official Nominating Entities
Yas Marina and the Abu Dhabi Investment Office (ADIO) will serve as the official entities responsible for nominating eligible individuals for the Golden Visa.
Source: Khaleej Times
