Abu Dhabi has unveiled an interesting new project meant to draw high-net-worth people-more especially, superyacht owners-into the capital city.

Under the "Golden Quay," program, yacht owners have the chance to apply for the UAE's esteemed Golden Visa, therefore conferring long-term residence in the country. This project complements a larger plan to boost tourism and investment in the area, hence strengthening Abu Dhabi's appeal as a worldwide wealthy travel destination.

The 'Golden Quay' is the outcome of cooperation among three important entities: Yas Marina, run by Yas Asset Management, a Miral affiliate; the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi); and the Abu Dhabi Investment Office (ADIO). The cooperation is meant to help superyacht owners to fit into the social and economic life of the city. The program not only draws money but also promotes investigation of Abu Dhabi's many investment prospects by giving these owners the possibility to obtain a 10-year Golden Visa.

The project is deliberately in line with Abu Dhabi's Tourism Strategy 2030, which seeks to boost the city's worldwide attractiveness and economic diversification. Targeting boat owners, the Golden Quay project seeks to highlight the special benefits of Abu Dhabi from its opulent waterfronts and world-class amenities to its booming business scene. The initiative highlights the possibility for yacht owners to participate in the investment sector of the emirate, therefore broadening their interests from pleasure into the more general economic scene.

By means of this program, qualified yacht owners acquire more than only residency. The Golden Quay gives them extraordinary access to the fast expanding investment scene of Abu Dhabi. This covers prospects on a broad spectrum including technology, real estate, infrastructure, and tourism. Abu Dhabi wants to boost the flow of cash and knowledge by drawing affluent people to the city, therefore stimulating innovation and sustainable economic development.

Highly sought-after resident choice, the Golden Visa lets people live, work, and invest in the UAE for up to ten years, with renewal possible. With stability and security this visa gives, the holders can create long-term ambitions right here in the nation. The chance to acquire such a visa gives boat owners not only the chance to live in a worldwide business center but also to engage in the growing luxury travel industry of the emirate. The attractiveness also comes from their ships' base in a dynamic, well-connected metropolis like Abu Dhabi.

Apart from the visa, boat owners can benefit from the comprehensive amenities Yas Marina offers. Situated on Yas Island, among the most famous leisure and entertainment venues in the United Arab Emirates, the marina provides a variety of facilities and services to meet the needs of luxury boat owners, The Golden Quay project guarantees that yacht owners will discover a vibrant and opulent surroundings in which to live and operate by means of high-end berthing areas, closeness to world-class hotels, restaurants, and entertainment venues.