Hospitality and multiculturalism have always been the roots of Arab culture and traditions. Generosity marks the social lifestyle where guests are honored, and their rights are preserved. The welcoming spirit illustrates openness and loyalty to the dignity of others, regardless of nationality, race, color, religion, gender, language, age, or other status. Such values sow the seeds of change for an economy promoting human rights.
Over time, the Gulf countries have attracted different cultures, foreign investment, and entrepreneurs, creating a mingling experience between the West, the East, the North, and the South. Such exposure has prompted authorities to diversify visa options and place the Golden Visa as one of people's preferences. The Golden visa plays an essential role in building long-term trusted development. It is mostly defined as a residence visa issued to a non-national who intends to invest significantly in the host country's economy.
While compliance and trust are highly regarded, social transformation and openness of regulatory and legal frameworks have been the initial basis for development. By rethinking the roles and rights of expatriates, the Gulf countries are modernizing their infrastructure, creating employment opportunities, and relying on oil and non-oil economic growth. Since 2018, whether it is called Golden Visa, Premium Residency, Golden License, Citizenship by Investment, or Residence by Investment, Saudi Arabia, United Arab Emirates, Qatar, Oman, Bahrain, and Kuwait have relaxed the terms for residents and non-residents to apply for permanent or more extended residency without sponsors. Whether based on qualifications, economic capital, or other criteria, the Gulf Cooperation Council countries have encouraged diversified visa portfolios to meet global trends and mobility. The aim is to boost the economy and provide an optimistic process, ending the reliance on the sponsorship system, primarily for outstanding learners, middle-income earners, investors, entrepreneurs, and high-net-worth individuals. People are embarking on professional development initiatives, including learning, networking, coaching, and advancing formal capabilities.
These residency and labor rights changes help attract and retain top talent and improve the business model and environment. The shift to a system of long-term visa status is the foundation for people to feel at home while abroad, seeking professional development and a beneficial career path. The future lies in empowering flexibility while fostering inclusivity and belonging. The Gulf countries are today the pioneers in creating a new spectrum for the Golden visa by strategizing stability, freedom of choice, the national economy, and the well-being of the entire society.
The Gulf model inspires us to connect and collaborate while we are in a safe place to live and work. Proudly present and part of the Gulf Economic Community, our team maximizes support for professionals aiming for a better future while recognizing achievers and offering continuous opportunities. Our experts are dedicated to support across the region for all insurance requirements or clarifications, including the mandatory basic or enhanced health coverage for self-sponsored and their dependents. With the Golden visa, our group hopes to increase the number of years of employment, making it more challenging for competitors to attract our human capital.
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