In order to promote itself as a leading global center for software and artificial intelligence, the UAE government is intending to offer 100,000 golden visas to programming and artificial intelligence talents and innovators.
Investment in artificial intelligence and software development will be critical to achieving national objectives. To quadruple the digital economy's contribution to national GDP.
Those concerned with the development of the digital industry emphasized the UAE's commitment to providing full digitization facilities on the sidelines of the Chamber of Digital Economy's discussions on the future of artificial intelligence and software development, which serve the country's ambitious plans for the future leadership and global centralization in technology and artificial intelligence.
The UAE engages all key stakeholders in developing a clear roadmap to encourage digital industries, as well as ensuring that current government policies, initiatives, and strategies promote innovation and business appropriateness across all sectors.
Dubai is attracting a rising number of software development specialists as it strives to become a favored destination for worldwide digital investment and global IT talent. This aligns with the UAE's objectives to provide 100,000 golden visas to the greatest computer programming talent in the UAE and around the world.
The UAE Digital Economy Plan intends to double the digital economy's contribution to the UAE's GDP to 19.4 percent within ten years.
The UAE Golden Residency Program was launched for the first time in 2019, allowing ex-pats to live, work, and study in the UAE without the need for a national sponsor and with full ownership of their businesses in free zones and on the UAE's mainland.
According to the most recent updates to the UAE Golden Residency Regulations, the Golden Visa provides 10-year residency to investors, entrepreneurs, exceptional talents, scholars, professionals, students, distinguished alumni, humanitarian pioneers, and front-line heroes who meet certain eligibility requirements.
Learn more: HOW TO APPLY FOR UAE GOLDEN VISA IN 2023?
Learn more: UAE GOLDEN VISA REQUIREMENTS: RECIPIENTS OF ALL TYPES
All programmers in the UAE and throughout the world, of all countries and ages, with specialized talents and approved qualifications, are eligible to apply for a golden residency in the UAE.
There are various routes to apply, beginning with the UAE government's Office of Artificial Intelligence and continuing through the Federal Authority for Identification and Citizenship.
After the relevant government authorities review the golden visa applications, the government awards golden residence permits to qualifying programmers.
You can shorten the process by contacting us at Freezoner to determine your eligibility for the program and to facilitate all of the necessary procedures and papers, thanks to our advisors who specialize in providing golden visas and a whole team ready and willing to assist you.
Following acceptance and receipt of your golden residency, you will have access to a plethora of facilities and financing channels made available by the "National Programmers Program"; to support the implementation of innovative projects and ideas, and to establish digital businesses with global competitive specifications.
Entrepreneurs and programmers that receive the golden residence benefit from direct collaboration and communication with government and corporate entities, as well as significant technological businesses in the UAE and beyond. To develop the distinctive concepts that support the 2030 strategy into large integrated initiatives capable of reaching a technical breakthrough.
Dubai tops the Arab list of the wealthiest cities, with a large number of millionaires reaching 68,400, including about 206 billionaires whose wealth exceeds $100 million and about 15 billionaires. Abu Dhabi comes second in the Arab ranking with 24,200 millionaires, making the UAE capital a focus of attention for many global investors.
The introduction of a new law regarding the tax on corporate and commercial earnings marks a new economic milestone in the UAE's period of financial sector developments. According to Federal Decree No. 47 of 2022, the new law is set to take effect on or after June 1, 2023.
Dubai has always been an attractive destination for businesses and entrepreneurs, thanks to its strategic location, world-class infrastructure, and investor-friendly policies. But now, the UAE-based financial sector has reaffirmed its commitment to sustainability goals ahead of COP28, presenting even more opportunities for businesses in Dubai.
The UAE has numerous competitive advantages that help to create promising opportunities and meet the aspirations of investors in various fields, particularly industry, as the way is for innovation, manufacturing, and export in light of encouraging facilities that are unparalleled in any country.
