Golden Visa
UAE Golden Visa
Renowned for its stunning skyline, luxurious lifestyle, and state-of-the-art infrastructure, the UAE has emerged as one of the most sought-after destinations to live, work, and study. To attract exceptional talent, the UAE government offers the prestigious UAE Golden Visa, a long-term residency program designed for investors, entrepreneurs, skilled professionals, and students.
The UAE Golden Visa allows you to live, work, or study in the UAE while enjoying exclusive advantages unavailable with regular visas. Whether you’re an investor expanding your business, a professional pursuing career growth, or a retiree seeking a vibrant and peaceful environment, this visa opens doors to endless opportunities across the UAE.
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What is the UAE Golden Visa?
The UAE Golden Visa is an exclusive long-term residency scheme introduced by the UAE government, granting foreign nationals the right to live in the country for five or ten years. Unlike conventional residency permits, it does not require sponsorship from a UAE citizen or employer, giving holders greater independence. This renewable visa comes with numerous advantages, including business prospects, tax benefits, real estate investment opportunities, and access to the UAE’s premium healthcare and education services.
The program targets talented individuals across multiple sectors, including investors, entrepreneurs, skilled professionals, researchers, and exceptional students. By attracting these groups, the UAE Golden Visa seeks to boost economic growth, encourage innovation, and ensure a secure environment for foreign residents. It reflects the UAE’s vision of establishing itself as a leading global hub for business, culture, and cutting-edge research.
Benefits of the UAE Golden Visa
Here are the benefits of the UAE Golden Visa:
- Long-Term Residency: The UAE Golden Visa grants holders the ability to live in the country for 5 or 10 years, with the possibility of renewal, offering stability and peace of mind.
- Business Freedom: Entrepreneurs and investors can run their businesses without needing a local partner, giving them full control over their ventures.
- Family Inclusion: The visa extends to spouses and dependent children, allowing families to access long-term residency along with healthcare, education, and other government services.
- Access to Public Services: Visa holders can benefit from essential services such as healthcare, education, and utilities, similar to UAE citizens.
- No Sponsorship Needed: Unlike regular visas, the Golden Visa does not require a UAE citizen or employer as a sponsor, providing greater independence.
- Tax Benefits: Golden Visa holders can enjoy the UAE’s tax-friendly environment, including no personal income or capital gains tax, boosting financial advantages.
- Real Estate Opportunities: Those holding a Golden Visa who invest in property can take advantage of the UAE’s dynamic real estate market.
- Global Travel Ease: Golden Visa residents enjoy easy international travel through the UAE’s well-connected airports, facilitating both business and personal trips.
Who is Eligible for the UAE Golden Visa?
The UAE Golden Visa is available to people across multiple categories, granting long-term residency to those who make significant contributions to the UAE’s economy and society.
- Investors and Financiers
- Retired Individuals
- Business Owners and Founders
- Property and Real Estate Investors
- Experienced Professionals
- Specialized Experts (such as Scientists, Researchers, and Innovators)
- Exceptional Students
Conditions and Criteria for Obtaining the UAE Golden Visa
The UAE Golden Visa provides 5- or 10-year long-term residency to foster economic growth and encourage business and innovation. Below are the requirements, eligibility criteria, and application procedures for different types of applicants.
Investors in Public Investments
To qualify, investors must:
- Have a business concept or plan ready for legal establishment in the UAE.
- Alternatively, become a partner in a company with shares valued at a minimum of AED 2 million, not funded through a loan.
- Submit a letter from a UAE-approved investment fund showing a deposit of AED 2 million, or a valid commercial/industrial license with investor capital of at least AED 2 million.
- Provide a letter from the Federal Tax Authority confirming ownership of a company that pays at least AED 250,000 annually to the UAE government.
Real Estate Investors
Real estate investors must meet the following conditions:
- Obtain a letter from the Real Estate Registration Department verifying ownership of property valued at a minimum of AED 2 million, free of any mortgage or loan.
- Provide evidence of residence, either through property ownership or a valid rental agreement.
Entrepreneurs
Entrepreneurs are eligible for a 5-year Golden Visa if they:
- Get an approval letter from a UAE-licensed auditor confirming that the project value is no less than AED 500,000.
- Secure an approval letter from a UAE-recognized business incubator.
- For applications in Abu Dhabi or Dubai, the process must go through incubators such as HUB71 (Abu Dhabi) or AREA 2071 (Dubai).
- Obtain confirmation from the concerned emirate authority that the project is either technical or future-focused.
- Submit valid passport copies, health insurance documents, and proof of accommodation.
Exceptional Specialized Professionals
This group covers doctors, researchers, creators, innovators, business leaders, experts, and athletes across areas like epidemiology, artificial intelligence, big data, engineering, and biotechnology. Eligibility requires meeting specific professional achievements and qualifications.
Doctors and Scientists:
- Doctors: Must provide an approval letter issued by the UAE Ministry of Health.
- General: A valid passport and active health insurance are required.
- Scientists: Must present either a recommendation letter from the Emirates Council of Scientists or proof of receiving the Sheikh Mohammed bin Rashid Al Maktoum Award for Academic Excellence.
Creative Talents and Innovators:
- Artists: Must obtain an endorsement letter from the Department of Culture and Arts.
- Valid passport and health insurance.
- Inventors: Need a recommendation letter from the UAE Ministry of Economy.
Executives:
- Must hold a recognized university degree.
- Required to earn a minimum monthly salary of AED 50,000 with a valid employment contract.
- Should have at least 5 years of professional experience.
- Must possess a valid passport and active health insurance coverage.
Specialists and Athletes:
- Specialists: Must hold a certified qualification in a unique field, officially approved by UAE authorities.
- Valid passport and health insurance.
- Athletes: Require an endorsement letter from the General Sports Authority or the respective sports council.
Ph.D. Graduates and Engineering/Science Experts:
- Ph.D. graduates: Must hold a Ph.D. officially recognized by the UAE Ministry of Education in a priority field.
- A valid passport and active health insurance are also required.
- Engineering and science experts: Must have an accredited degree along with a valid employment contract in the related sector.
Outstanding Students
High School Students:
- A letter of recommendation issued by the UAE Ministry of Education.
- Students are allowed to sponsor their parents and siblings, pending approval from the Federal Authority for Identity and Citizenship.
- The Golden Visa is granted for 5 years and can be renewed if the student pursues a program exceeding this duration, such as medicine.
University Students:
- A university-issued recommendation letter confirming a minimum GPA of 3.8.
- Eligible students may sponsor their spouse and children, provided they have adequate financial resources.
- The Golden Visa has a validity period of 10 years.
UAE Golden Visa Validity
As mentioned, the Golden Visa is available in two validity options, depending on the applicant’s eligibility and category:
- 5-Year Visa: Available for groups such as property investors, business founders, retirees, and exceptional students.
- 10-Year Visa: Offered to major investors, highly skilled experts, and distinguished professionals, including doctors, researchers, and innovators.
The 5-year and 10-year visas can be extended, provided the holder continues to fulfill the eligibility requirements.
Documents Required for Applying for the Dubai Golden Visa
The exact paperwork required for a Dubai Golden Visa varies based on the category of application. Below is a general list of mandatory documents, followed by additional requirements specific to each category.
General Documents for All Categories:
- Passport Copies: Clear scanned copies of your passport, including all visa stamps and marked pages.
- Health Insurance: Valid health insurance proof covering your stay in the UAE.
- Police Clearance Certificate: A certificate from your home country or any other place you’ve lived recently confirming no criminal record.
- Educational Certificates: Copies of your highest academic qualifications, such as diplomas or degrees.
- Sales Purchase Agreement: A legally binding contract confirming your property purchase in Dubai.
- Oqood or Title Deed: Evidence of property ownership in Dubai, either through an Oqood (off-plan purchase proof) or a Title Deed (ownership certificate).
- Photographs: Recent passport-size color photos with a plain white background.
- Proof of Residence (if applicable): For existing UAE residents, documents confirming your residency status.
- Proof of Financial Stability: Bank statements or financial records showing sufficient funds to support yourself.
- Statement of Account: Bank statement proving a minimum balance of AED 3 million (or its equivalent) in a UAE bank account.
- Initial Sale Contract: The first signed agreement made during the property purchase process.
Category-Specific Documents
Along with the standard documents required for every applicant, you’ll also need to provide additional paperwork depending on the visa category you’re applying under. These category-specific documents correspond to the criteria outlined above.
Work with the professionals at Ventures Biz to make sure your documentation is complete, precise, and handled smoothly.
Dependents on the UAE Golden Visa
The UAE Golden Visa allows holders to sponsor their spouse and children without any limit on the number of dependents.
Additionally, Golden Visa holders are permitted to sponsor an unlimited number of household workers. This provision ensures that both family members and domestic staff can legally reside in the UAE, offering expatriates greater security and long-term stability.
How to Obtain a UAE Golden Visa?
Those eligible for the UAE Golden Visa are usually recommended by government authorities or members of the royal court, which differentiates it from Emirati citizenship. Golden Visa programs target defined applicant groups, and if you meet the criteria but haven’t received a nomination, you may apply directly through the UAE Federal Authority for Identity and Citizenship (ICA) portal.
Procedure to Apply for the UAE Golden Visa
Applying for the UAE Golden Visa requires completing multiple steps, including verifying eligibility and providing the required documentation.
- Step 1: Verify Eligibility: Check if you qualify for the UAE Golden Visa under your category (investor, entrepreneur, professional, student, retiree, or property owner). Collect all required general and category-specific documents.
- Step 3: Apply for Nomination: Fill out the online form titled “Golden Residence Visa Nomination Request – New Application” on the ICA portal to start the process.
- Step 5: Upload Documents & Pay Fees: Upload all necessary documents online. After submission, proceed to the payment page and pay the application fee using a credit or debit card. Keep the confirmation of submission and payment.
- Step 7: Receive Approval: Once approved, you’ll get a notification from UAE authorities. Follow the provided instructions to finalize and collect your Golden Visa.
- Step 2: Access the ICA Portal: Visit the official website of the Federal Authority for Identity and Citizenship (ICA), which manages residency and visa services.
- Step 4: Choose Your Visa Category: Select the visa type that matches your eligibility, such as investor, entrepreneur, or skilled worker.
- Step 6: Monitor Application Status: Track your application progress via the ICA website or the ICP Smart Services app using your reference number.
Applying from Outside the UAE
If you are applying for the UAE Golden Visa from outside the UAE, you will need to:
- Secure a six-month multiple-entry visa to pursue opportunities and confirm your eligibility for the Golden Visa.
- Make sure all official documents are properly attested by the concerned authorities, including the Ministry of Foreign Affairs in your country.
- Fill out the online application for the multiple-entry visa and upload the necessary documents.
Golden Visa Renewal Process
Golden Visa recipients are required to renew their visas prior to expiration. The renewal procedure mirrors the original application, necessitating updated personal information, evidence of ongoing eligibility, and payment of the applicable renewal fees.
Ready to Secure Your UAE Golden Visa?
At Ventures Biz, we simplify the journey to securing your UAE Golden Visa. Whether you are an investor, business owner, professional, or retiree, our experienced team will support you at every stage. Gain long-term residency and explore limitless opportunities throughout the UAE.
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