As it developed a set of procedures to get it, the Federal Authority for Identity and Nationality, Customs and Ports Security explained the processes for granting the golden residence.
She further said that these steps and processes are connected to the government organisations in charge of the nomination, which examine and approve the information, supporting materials, and proof provided in the application for the golden residence.
In response to a question posted on its website, it confirmed that these agencies are categorised in accordance with the type of residence that is submitted to them. If a customer requests this service, the authority responds to him after obtaining the approval or rejection of the government agency responsible for the application.
The golden residency system, which allows people to gain residence for a period of ten years in a manner that improves the favourable climate for the development and success of enterprises in the nation, also established a set of requirements for applying for one.
The requirements vary depending on the categories that are eligible for a golden residency and are investors in public investments, but the most important ones include bringing a letter from an authorised investment fund in the nation confirming a deposit of two million dirhams or bringing a valid commercial or industrial licence along with the company's incorporation contract with the investor so that the capital of it is not less than two million dirhams، Or he presents a letter from the Federal Tax Authority stating that he is the owner of a business that pays the government no less than 250 thousand dirhams annually, or he presents a letter From the Federal Tax Authority stating that he is a partner in an establishment that pays the tax to the government, and his contribution to the tax is not less than 250 thousand dirhams annually. Or he is a partner in the company's capital of not less than two million dirhams.
