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UAE Golden Visa Requirements

UAE Golden Visa Requirements

UAE Golden Visa, UAE Business Investment, Golden Visa Requirements, Application Process, and its cost

What is UAE golden visa?

UAE Golden Visas are the newest visa program in the region that allows investors to get their long term residence in the United Arab Emirates. The UAE has been offering these visas since 2017 and has already issued over 7,000 of them. The program is based on a strict set of conditions that must be met by applicants in order to receive a residence permit for residents. The Golden Visa is valid for 10 years and grants holders the right to reside in the UAE, as well as access to free education for their children, free healthcare and free business support.

Who can apply for a golden visa in Dubai UAE

Investors

The Golden Visa program is a fast-track residence permit for investors. It allows the investor to live in UAE and enjoy all the benefits of this country, such as access to the all middle east regions, which includes Dubai,AbuDhabi,Fujairah,Ajmna,Ras Al Khaimah,Umm Al Quwain,Sharjah.

The process is quite simple and straightforward. First, you need to invest at least AED 2M in any real estate property in the United Arab Emirates. Then, you will have one year to transfer your investment from abroad into your name locally. During this time period, you must also make an additional investment into government bonds or stocks listed on the Dubai Financial Market. Once you have done this and provided proof of it through official documents such as bank statements or certificates of deposit, then you will be granted a visa that lasts for ten years (with the possibility of renewal).and they should have no criminal record in your home country and have not been convicted or served time in prison during your stay abroad.

Entrepreneurs

To apply for a residence visa, you must be the founder of or partner in a start-up business registered as a small or medium enterprise in the UAE and earn at least AED 1 million a year or have sold your business for AED 7 million.

UAE Golden Visa for students

One of these incentives is the Dubai visa for students program which allows international students from all over the world to live in the United Arab Emirates for up to five years after graduating from a local university or college. Students can apply for this visa as soon as they arrive in Dubai or after they have been accepted into an accredited educational institution here in the UAE.

Professionals

Professionals with high educational qualifications and professional experience in all disciplines must meet the following golden visa eligibility criteria.

  • Must have a valid employment contract.
  • Must have Bachelor’s degree or equivalent, and be classified as either a Level 1 or 2 employee and earn at least AED 30,000 a month.

Requirements for golden visa in UAE:

  • Passport.
  • passport size photo.
  • Emirates ID
  • Health insurance copy.
  • Relevant financial documents.
  • Trade license for investors
  • Salary pay slips for professionals
  • Educational certificates for students.
  • Sponsor details.

The UAE Golden Visa cost

10 years golden visa:
Residency fees include medical, and management fees is about AED3000 and additional charges may be required for ID. for 5 5-year golden visa, it may cost around 2500 AED.

Benefits of UAE golden visa :

You can live, study and work in Dubai without a local sponsor and at the same time enjoy 100% ownership of your business. Additionally, you will not have to renew the visa every few years, so you are free to enter and exit the country as often as you like.

How to apply for a golden visa in UAE

The process of applying for the golden visa is not difficult, but it does involve a lot of paperwork. We’ve outlined the key steps below:

  • Fill out the application form.
  • Complete your criminal record check (if necessary)
  • Provide proof of funds.
  • Show that you own or have access to property in Dubai, UAE.

If you are interested in applying for a Golden Visa We can help, We’ll take care of the paperwork, so all you need to do is provide us with the necessary information.

We’ll also give you personalized advice on how to best fill out your application and how to make sure that your application is accepted. we collaborate with GDRFAD and AMER and center for the work process.
Our Golden Visa experts are ready to guide you through the process of getting your visa, so get in touch today!

FAQ:

What is the typical processing time for obtaining a UAE Golden Visa, and are there any factors that may affect the duration of the process?

The processing time for obtaining a UAE Golden Visa can vary depending on factors like the type of visa, eligibility, and completeness of the application. In general, if an applicant meets all criteria and provides all required documentation, processing can take a few weeks. However, additional factors like security clearances or extra documentation requirements can prolong the process.

What are the advantages of uae golden visa ?

Long-term residency in the UAE No need to renew visas every few years Ability to open a business or invest in the UAE Access to healthcare and education services in the UAE

What are the disadvantages of uae golden visa ?

Costly application fees and financial requirements Not available to everyone - only certain categories of individuals are eligible May require additional documentation or security clearances Does not provide citizenship or voting rights in the UAE.

What should be the UAE golden visa minimum salary requirement?

Having an annual income of 250,000 AED can be beneficial for an individual's eligibility for a UAE Golden Visa. This income can demonstrate financial stability and provide sufficient funds to support the applicant and their dependents during their stay in the UAE. However, it's important to note that the UAE Golden Visa program considers various factors beyond income, and meeting the financial requirements alone does not guarantee approval of the visa application.

Can I eligible for UAE citizenship after Golden Visa?

No, obtaining a UAE Golden Visa does not provide citizenship or voting rights in the UAE. The visa grants long-term residency and allows individuals to live, work, and invest in the UAE, but does not lead to citizenship.

Does one can get Golden Visa if buying property in Dubai?

Yes, one of the eligibility criteria for the UAE Golden Visa is owning property in the UAE, including Dubai. If an applicant meets the other requirements and owns property meeting certain criteria, they may be eligible to apply for the Golden Visa.

Whom can sponsor with Golden Visa UAE?

As a Golden Visa holder in the UAE, you can sponsor your spouse, children under 18 years of age, and domestic workers for residency in the UAE. You must meet certain financial requirements and obtain the necessary documentation to sponsor these individuals. However, it's important to note that sponsoring someone for residency may have additional requirements and fees, and the process may vary depending on the individual's nationality and relationship with the sponsor.