Dubai has launched a new Golden Visa initiative aimed at superyacht owners, offering them long-term residency in the emirate. This move, announced by the General Directorate of Residency and Foreigners Affairs (GDRFA) on February 17, 2025, mirrors a similar scheme introduced in Abu Dhabi in December 2024. The new initiative is part of Dubai’s strategy to attract high-net-worth individuals (HNWIs) and further cement its position as a global hub for luxury and maritime industries.
The announcement comes ahead of the 31st edition of the Dubai International Boat Show, which will run from February 19 to 23, 2025. The show, one of the region’s most prestigious events, will offer attendees a chance to explore world-class superyachts and engage with maritime experts. The event is expected to provide further details about the residency options available to yacht owners under the Golden Visa scheme.
“Yacht owners can now benefit from the Golden Visa programme, granting them long-term residency in Dubai”
the General Directorate of Residency and Foreigners Affairs (GDRFA) said on Monday
The Golden Visa offers a decade-long residency with multiple benefits, such as the flexibility of being outside the country for over six months and a guaranteed renewal period. This makes it a unique offering compared to other residency programs in the UAE, appealing to yacht owners who value stability and longevity in their residency status.
This initiative follows in the footsteps of Abu Dhabi’s similar Golden Visa program, which also caters to superyacht owners. Both schemes are designed to attract wealthy individuals to the UAE, offering them not only residency but also exclusive luxury experiences and business opportunities.
The Dubai Golden Visa for yacht owners adds another layer to the UAE’s efforts to become a top destination for HNWIs. As the country continues to enhance its appeal to the global elite, this new visa program is expected to drive further investment into the UAE’s maritime and luxury sectors.
For more details, yacht owners are encouraged to attend the Dubai International Boat Show, where additional information on the residency scheme will be unveiled.
