Golden Visa in Dubai
Over the years, Dubai has established itself as a city of opportunity. With the advent of the Dubai Golden Visa, it has transformed into the perfect center for people to prosper.
The UAE is renowned for its cutting-edge technologies and creative approaches to advancing the economy. With the inclusion of this recently introduced Dubai golden visa, the economy will undoubtedly continue to grow significantly.
What is a Dubai Golden visa?
The United Arab Emirates offers a long-term residency visa known as the Golden Visa UAE to foreign nationals who meet certain qualifications. This visa’s most alluring quality is that it does not require renewal for five to ten years.
The Golden Visa in Dubai has several special privileges, and obtaining one is relatively easy. We shall discuss the many visa programs the UAE government provides in more detail later.
Benefits of Golden Visa Dubai in dubai
One of the most popular visas these days is the Golden Visa in dubai (Golden visa uae). Long-term residency is permitted, along with a host of other special advantages.
Permits for multiple entries
In contrast to holders of other visa types, holders of Golden Visas are not required to physically present in the UAE once every six months.
Safety
People can live in the UAE longer with the protection and security provided by these long-term residence visas. Additionally, they might choose to renew their visas under certain restrictions.
Expanded to include dependents
Those who obtain a Golden Visa in Dubai can extend their visas to their dependents, including spouses and kids.
Reasonable prices
Golden Visas in dubai, United Arab Emirates are inexpensive compared to the cost of acquiring a visa in other nations.
Unique services
The UAE has developed several advantages and services for those with golden visa in dubai. One such service offered by Dubai’s General Directorate of Residency and Foreign Affairs (GDRFA) is the round-the-clock “You are special service.” This service is intended to help holders of golden visas, among other people.
Who can apply for a Golden Visa in UAE?
As previously said, the UAE government reserves the right to grant the Golden Visa in dubai to those who fulfill specific requirements. Only those who operate in particular fields, possess high levels of competence, or make exceptional contributions to the nation are deemed eligible.
- Public Investor
- Investor in Real estate
- Business Owners
- Directors of executive departments
- Physicians and scientists
- Lawyers
- Students
- Sportsmen
- People with artistic and cultural creativity
- Expert in science and engineering
How to apply for a golden visa UAE
- Go to the services area of the official website
- From the available menu, select “eChannels Residency and Citizenship.”
- The page labeled “Browse Smart Service” will be displayed to you.
- Select the “Golden Residency” option.
- Go through the many Golden Visa service options.
- To begin your application, select the service you want and click “Start Service.”
- There are various steps in the application process
- Give accurate personal information.
- Add the required files.
- Examine your visa application in its entirety.
- Make the application fee payment now.
UAE golden visa requirements
- Passport copy
- Visa copy
- Emirates ID
- Passport photo
- Trade license
- Audit report
- Auditor license and certificate
- Bank statement
- Title deed (AED 2 million)
- Ejari
- Health Insurance
- The necessary documents could change depending on your categorization. The applicant must also be willing to travel to the United Arab Emirates.
How to get a Golden Visa UAE?
Depending on the visa program you are looking for, you must meet specific conditions to apply for the Dubai Golden Visa.
How do you get a Dubai golden visa from India?
- Copies of your passport that are clear of errors, including all visa and stamp pages.
- Copies of any prior visas obtained for the UAE
- Current color passport-sized photos set against a white backdrop.
- Evidence of eligibility, including pertinent paperwork in the appropriate category.
- Financial stability and self-sufficiency are demonstrated by bank or financial statements in the United Arab Emirates.
- Health insurance protection.
- Documentation confirming your current residential status may be required if you are a resident of Dubai.
- You must have a police clearance certificate from the nation where you were born and raised or from any other country where you have recently lived.
- UAE authorities might need more documentation depending on your particular situation and category selection.
Investors
- Investors who have made public investments totaling AED 2 million can apply for a 10-year visa.
- A letter proving you have deposited AED 2 million in an authorized UAE investment fund must be submitted.
- Alternatively, you can present a current company license and an agreement of incorporation attesting to a minimum capital investment of AED 2 million in the company.
- You can also send the Federal Tax Authority a letter attesting that you paid them at least AED 250,000.
- The investor needs to:
- Possess the invested funds in full; no loans
- Possess medical insurance for themselves and their loved ones.
Property Investors
Real estate investors who own real estate valued at least AED 2 million can apply for a 5-year renewable golden visa.
They have to supply
- AED 2 million or more in property value, as demonstrated by an official document from the real estate department
- Only use loans from local banks authorized to buy the property.
Before, real estate owners had to put down a minimum of AED 1 million. The UAE government has eliminated the regulation. You can apply today for a 10-year resident visa, depending on the deposit amount.
Entrepreneurs
You can obtain a five-year Golden Visa UAE if you are the owner of an inventive, technological, or future-oriented project by supplying the following:
- Auditor letter demonstrating a minimum AED 500,000 project value
- A letter of clearance from the Emirati authorities describing the idea as technical and innovative
- A document from a recognized business incubator in the UAE approving the project’s hosting
Executive Directors
The Ministry of Education has approved a Bachelor’s degree or above required for executive officers. They must make more than AED 50,000 annually and have at least five years of expertise without changing jobs. A current UAE job agreement is also required for executive directors.
Doctors and Scientists
- To practice medicine in the United Arab Emirates, physicians must obtain approval from the Ministry of Health.
- To be considered, scientists must either have a reference from the Emirates Council of Scientists or a letter proving they have received the Mohammed bin Rashid Medal for Scientific Achievement.
Students
- Students who excel in high school may be eligible for a five-year visa. To be the top student nationally, he or she must have received at least 95% of the possible points in a public or private school
- A ten-year visa is available to students with excellent GPAs from highly regarded colleges. International graduates from universities listed in the top 100 worldwide are also eligible to apply. A minimum GPA of 3.5 is required, and students must have graduated no more than two years prior.
People with artistic and cultural creativity
Artists need a letter of consent from the Department of Arts and Culture in their emirate.
Cost of the Golden Visa in Dubai
The Golden Visa in dubai has an arbitrary cost. Real estate or public investors would pay different fees because they have to provide documentation of their UAE investments. The fees are distinct for more groups.
A medical examination and an Emirates ID are extra charges you must make.
Icons Business Establishment is one of Dubai’s top providers of business establishment advice. We have years of expertise in handling visa applications for our clients. In addition to helping foreigners set up their businesses in Dubai, we also help them with employee and business visas.
Frequently Asked Questions (FAQs)
You can check the progress of your Golden Visa application by going to the UAE Government website. To monitor its status, click “Track Your Visa Application” and input your “Request Number.”
By enrolling on the official Esaad website, Golden Visa holders can obtain an Esaad card. They are required to submit registration information, including their name, contact details, and Emirates ID.
Holders of golden visas are free to leave the UAE whenever they like. Golden Visa UAE holders are exempt from the 6-month maximum stay outside the country, which applies to holders of other visas.
Applying for a Golden Visa in the United Arab Emirates can be done online at the official website.
Approval for a Golden Visa may take two to five days. You will receive the results of your nomination application within 30 days.