Abu Dhabi has announced the launch of a new Golden Visa scheme, specifically targeting superyacht owners and their families.
The Golden Quay to Abu Dhabi initiative is a collaboration between the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), the Abu Dhabi Investment Office (ADIO) and Yas Marina.
It offers eligible yacht owners the opportunity to be nominated for a 10-year UAE Golden Visa, which facilitates long-term residency and access to everything the capital has to offer.
Candidates will have to be nominated by Yas Marina and ADIO, who will select private yacht owners with vessels measuring 40m and above, as well as key executives in the yachting industry.
This will include CEOs, major shareholders of yacht-building companies, central yacht agents, yacht service providers and yacht insurance providers.
Once a person is nominated, their immediate family members are also eligible for inclusion.
Saleh Mohamed Al Geziry, director general for Tourism, Department of Culture and Tourism – Abu Dhabi, said: “The launch of Golden Quay to Abu Dhabi showcases DCT Abu Dhabi’s commitment to driving the emirate’s luxury tourism and yachting sector forward.
“By enhancing our superyacht offering with seamless access to our exceptional marinas and exclusive opportunities like the 10-year Golden Visa, we are adding to Abu Dhabi’s already significant appeal as a world-class yachting destination.
“We continue to support the growth of the luxury sector by creating innovative pathways that attract investment and high-profile visitors to the emirate, in line with our Tourism Strategy 2030.”
Hareb Al Mheiri, executive director of ADIO, also said: “Beyond connecting superyacht owners to Abu Dhabi’s premier marinas and rich cultural experiences, this unique initiative will introduce high-net-worth individuals to the emirate’s exceptional investment opportunities and thriving business ecosystem.
“Golden Quay to Abu Dhabi underscores our commitment to creating pathways for diverse investors to engage with our vibrant economy while advancing the emirate’s vision for sustainable tourism growth in the region’s most liveable city.”
Jonathan Brown, chief portfolio officer at Miral, said: “The Golden Quay initiative is set to bolster Abu Dhabi’s position as a key yachting destination. We are proud to launch this initiative alongside DCT Abu Dhabi and ADIO.
“Extending the Golden Visa to Yas Marina’s yacht owners and industry executives aims to further position Yas as a top global destination for entertainment and leisure.
“As an award-winning marina with the ability to cater to superyachts, alongside world-class dining, fitness and leisure facilities, Yas Marina is set to contribute to the success of this initiative.”
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