
The United Arab Emirates (UAE) has become a country of interest for tourists and investors within a relatively short time, owing to its favorable policies regarding business and tourism.
It also provides various employment prospects to foreign people, including Pakistanis. It hosts nearly 1. With the formation of the United Arab Emirates, about 8 million Pakistani nationals live in the UAE, constituting a large part of its population.
The UAE has also included the Pakistani contenders and those individuals of other countries passing the investment of a certain amount in banks in its Golden Visa.
UAE Golden Visa
The golden visa is a permanent residency that allows foreign talent to reside, work, or even study in the UAE while enjoying some privileges. It is applicable to investors, entrepreneurs, scientists, distinguished students, graduates, humanitarian pioneers, and frontline heroes.
UAE Banks Minimum Deposit Required for Golden Visa
Most Banks in the UAE still require deposits of a minimum value of 2 million Dirhams for at least two years. After obtaining the investment, the banks grant an evidence letter that enables one to get residency in the UAE, often referred to as the golden visa.
Local banks help their clients obtain long-lasting visas as soon as their accounts reach Dh2 million.