UAE GOLDEN VISA
The UAE’s ‘Golden visa’ is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits which include:
What is UAE Golden Visa?
- An entry visa for six months with multiple entries to proceed with residence issuance
- A long-term, renewable residence visa valid for 5 or 10 years
- The privilege of not needing a sponsor
- The ability to stay outside the UAE for more than the usual period of six months in order
to keep their residence visa valid
- The ability to sponsor their family members, including spouses and children regardless of
- The ability to sponsor unlimited number of domestic helpers
- The permit for family members to stay in the UAE until the end of their permit duration,
if the primary holder of the Golden visa passes away.
Who is eligible for a UAE Golden Visa??
Investments in Real Estate:
- Real estate investors can obtain a Golden visa in the UAE if they fulfill one of the following conditions
- Purchase a property worth no less than AED 2 million
- Purchase a property with a loan from specific local banks with the customer’s equity in the property be at least 2 Million AED
- Buy one or more off-plan properties of no less than AED 2 million from approved local real estate companies.
Non-Real Estate Investments:
- Have a fixed deposit or investment of AED 2 million or more, for a minimum period of 2 years.
- Investments in any UAE approved Investment fund for a Value of AED 2 million or more
People with exceptional talents, such as inventors, innovators, and talents in vital fields such as culture, art, sports and digital technology can apply for and obtain a UAE golden visa regardless of their educational qualification, employment status, monthly salary or professional level. The visa requires a recommendation or approval from a federal or local government entity.
Entrepreneurs can obtain a Golden visa in the UAE if they fulfill one of the following conditions:
- The applicant must be a partner or own a start-up company registered as a small and medium enterprise (SME) within the UAE. The company must generate annual revenues
of no less than AED 1 million.
- The entrepreneur must have founded an entrepreneurial project that was sold for more than AED 7 million.
- The applicant has approval for a start-up from an official business incubator or from the Ministry of Economy or other competent local authorities.
Scientists & Professionals:
Scientists and researchers with high achievements and influence in their field can get the Golden visa based on a recommendation from the Emirates Scientists Council. A candidate should have a PhD or a Master’s degree in one of the disciplines of engineering, technology, life sciences and natural sciences from the best universities in the world, as well as substantial research achievements.
Professionals or highly skilled workers (Directors, Board Members, Chairman, or General Manager) with high educational qualifications and professional experience in all disciplines, including medicine, sciences and engineering, information technology, business and administration, education, law, culture and social sciences can get the Golden visa if they:
- Have a valid employment contract in the UAE
- If they are classified in the first or second occupational level as per the classification of Ministry
of Human Resources and Emiratisation
- If they hold a Bachelor’s degree or an equivalent
- If they have a monthly salary of not be less than AED 30,000
Outstanding Students & Graduates:
High performing students in the UAE’s secondary schools and outstanding graduates from the UAE’s universities and the best 100 universities worldwide can get the Golden visa. Criteria includes academic performance/cumulative average, year of graduation and the university classification.
Humanitarian pioneers such as the following can get the Golden visa:
- Distinguished members of international and regional organizations
- Outstanding members of associations of public benefit
- Recipients of recognition awards in humanitarian fields
- Distinguished volunteers and sponsors of humanitarian efforts
Golden Visa processing cost
The cost of the UAE Golden Visa largely depends on the type of service and visa category. For individuals applying from the UAE, the Golden Visa will cost between AED 2,800 and AED 3,800. Those applying outside the country will be charged anywhere between AED 3,800 and AED 4,800. The applicant will also need to spend approximately AED 1,000 for a medical examination and a processing charge for an Emirates ID. Additionally, they will need to purchase UAE health insurance, which starts at Dh 800 and varies in cost.
How we can assist you with a UAE Golden Visa
Here's how Vista Corporate Global Business Setup can assist candidates in applying for a UAE Golden Visa:
Eligibility Assessment: We will assess your eligibility for a Golden Visa based on your personal circumstances, including your investment, entrepreneurship, or specialized talent credentials.
Document Preparation: We will assist with the preparation of the required documents for the Golden Visa application, ensuring that all documents are in order and meet the UAE's requirements.
Application Submission: We will submit your Golden Visa application to the General Directorate of Residency and Foreigners Affairs (GDRFA) on your behalf, ensuring that all required documents are included and the application is submitted within the required timeframe.
Follow-Up and Status Updates: We will follow up with the GDRFA and provide you with regular updates on the status of your Golden Visa application. This will help alleviate any concerns or questions you may have during the application process.
Assistance with Renewals: Once your Golden Visa is approved, Vista Corporate Global Business Setup can assist with the renewal process, ensuring that your visa remains up-to-date and in compliance with UAE regulations.
Working with Vista Corporate Global Business Setup can provide expert guidance and assistance throughout the Golden Visa application process. We will ensure that your application is complete, accurate, and timely, increasing your chances of being approved for a Golden Visa.