Saturday, December 28, 2024 Abu Dhabi has unveiled a groundbreaking initiative to cement its reputation as a premier destination for luxury tourism by offering 10-year UAE Golden Visas to superyacht owners and their families. This strategic move aims to attract high-net-worth individuals (HNWIs) and elevate the emirate’s status in the global maritime tourism market. The UAE Golden Visa, a long-term residency program, has become synonymous with exclusivity and opportunity.
By extending this privilege to superyacht owners, Abu Dhabi is tapping into a niche yet highly lucrative market. The visa allows recipients and their families to reside, work, and study in the UAE, offering unparalleled security and access to a dynamic lifestyle. This program is part of Abu Dhabi’s broader strategy to diversify its economy and reduce reliance on traditional revenue streams.
By fostering a favourable environment for HNWIs, the emirate seeks to attract investments in real estate, hospitality, and the luxury maritime sector. Get all the latest US travel news in English today , as well as the latest travel and tourism industry news from the UK , Europe , Asia , America, Africa , Australia , New Zealand , India, and the rest of the world. Subscribe to our Travel newsletter in your inbox.
The initiative aligns seamlessly with Abu Dhabi’s vision of becoming a global hub for luxury tourism. Superyachts, often seen as the pinnacle of wealth and exclusivity, represent a growing segment of the lu.