Know about how to get Golden visa in UAE

We are all familiar with Burj Khalifa. Getting up in the morning, and watching the sky-high building with a cup of coffee while you prepare for work is best. You Can easily get this lifestyle by simply getting a Golden visa in the UAE. 

While the UAE offers excellent work opportunities and great views, It is also very preferred by tourists. Getting a Golden Visa might turn your life around. However, for getting a golden visa there are certain requirements you must fulfill. But many don’t know how to get a golden visa in UAE? So, this blog mentions every criterion you must fulfill in order to get a Golden Visa.

Before knowing how to get golden visa in UAE, we will discuss what is the golden visa UAE.

What is the UAE Golden Visa?

The UAE Golden Visa is a long residency visa for the UAE. It is available to investors, entrepreneurs, persons with specialized talents, and researchers in the domains of science, culture, and art, as well as students with potential scientific abilities.

This new system, which went into effect in 2019, allows foreigners to live, work, and study in the UAE without the need for a native sponsor and with full ownership of their firm in the UAE. The visas are valid for 5 or 10 years and will automatically renew if all conditions are satisfied.

Advantages of getting a UAE golden Visa

Some of the advantages of the Golden Visa in the UAE are as follows-

• a six-month entry visa with multiple entries, followed by the issuance of residence permits.
• a long-term, renewable residency visa that is good for 10 years, and a self-sponsored visa that allows them to stay outside of the UAE for any period of time without having their visa revoked.
• supporting members of their family, including wives and children of any age.
• providing sponsorship for a limitless number of domestic workers.
• If the major bearer of the UAE Golden Visa dies, family members may continue in the UAE until the conclusion of their visa duration.

There are other UAE Golden Visa privileges particular to certain emirates, as shown below.

• Abu Dhabi UAE Golden Visa holders will be entitled to discounts and deals on vehicles, real estate, health care, hospitality, health insurance, and financial services in Abu Dhabi. To provide the incentives, the Resident’s office has partnered with businesses from a variety of industries.

• Abu Dhabi UAE golden visa holders will be eligible for discounts on selected properties from developer Imkan Properties as part of the Abu Dhabi Residents Office’s commercial collaborations.

• Banks such as Abu Dhabi Commercial Bank and First Abu Dhabi Bank will provide lower mortgage fixed-interest rates to UAE golden visa investors as well as attractive savings account rates to non-real estate investors.

• Holders will also be eligible for lower prices on yearly health insurance policies for families and individuals, with comprehensive network coverage and a package of benefits both inside and outside the UAE.

• UAE Golden visa holders will also be eligible for automobile price reductions and priority booking for new releases, as well as unique payment options, maintenance offerings, and licensing services.

• They will be given exclusive discounts on eating, spa treatments, gym memberships, and hotel stay at chosen hospitality Dubai.

• According to the authorities, international residents in Dubai with a golden visa and a driving license from their home country may now take the UAE driver’s test without taking additional training.

• Furthermore, golden visa holders who have a driver’s license from one of 32 authorized countries, including the United States, the United Kingdom, Australia, Italy, Saudi Arabia, South Africa, Spain, New Zealand, Qatar, Kuwait, and Ireland, will be immediately eligible for a UAE driver’s license.

Now you know the advantages of the UAE golden visa, it’s turn to discuss how to get golden visa in UAE.

How To Get Golden visa In UAE: Requirements for applying for a UAE Golden Visa

Non-residents can apply for golden residence in the UAE in one of five categories. Among them are CEOs, entrepreneurs, investors, well-known students, and scientists. The following are the 10-year golden visa UAE criteria per category-

Foreign Investor Requirements

• The investor must have a minimum of AED 10 million in public investment, either through a corporation or an investment fund.
• A minimum of 60% of the total investment should not be in the form of real estate or land.
• The investor must not lend the cash deposited. When it comes to assets, the investor has complete control. It is essential to provide enough proof.
• The investor must keep the investment for at least three years.
• All members of the investor’s family must have health insurance documentation.

If you wish to incorporate any business partners, you can extend the Golden Visa. Each partner is required to invest up to ten million AED. The holder’s family, one executive director, and one adviser may also be granted a long-term visa.

Entrepreneurial Requirements

• Entrepreneurs must have at least AED 500,000 in funding.
• It is required to get the permission of a government-approved company start-up center in the nation.
• Entrepreneurs are granted a multi-entry visa that is valid for another six months.
• The family, a company partner, and three executives are all on a long-term visas.
• All members of the entrepreneur’s family must have health insurance paperwork.

Specialist and Student Requirements

• The Applicant may be an educator from any of the world’s top 500 colleges. The Ministry of Education must authorize them.
• Applicants who have received an award or appreciation certificate in their field of competence are also eligible to apply.
• Scientists who have made substantial contributions to their field of study may also apply for a UAE or Dubai Golden Visa.
• The candidate can apply for a Golden visa UAE for physicians if he or she has 20 years of practical experience in their field of medical competence.
• High school students with at least a 95 percent grade point average and university students with superior grades.

Chief Executive Officer Requirements

• The candidate must have a bachelor’s degree.
• At least five years of experience is essential.
• Should be paid at least 30,000 AED in the UAE under a formal labor contract.
• The candidate’s family members must be insured by health insurance.

There are more categories of citizens who want to apply for a visa. These include doctors, Frontline heroes, and Humanitarian pioneers. The list does not end here. There are different requirements for these people.

How To Get Golden Visa In UAE For 5 Years: Requirements for applying 

These were requirements for the 10-year UAE Golden Visa program. However, the requirements for a 5-year visa are different. They are mentioned as follows-

• You purchase a house in the UAE (UAE Investor Visa also known as the Property Visa UAE)
• You are a business owner with an existing project with a minimum capital of AED 500,000.
• You are an exceptional student who has-

1. A minimum of a 95 percent grade point average in a public or private high school
2. After graduation, you must have a GPA of at least 3.75 at a university in the nation or abroad.

How To Get Golden Visa In UAE: Documents required for applying for a UAE Golden Visa

When applying for a UAE long-term resident visa, you must have several papers to support your application. You will require the following papers when applying for an admission permit-

• a photocopy of your passport
• Passport-size photographs
• Bank Statement for the Previous Six Months
• Any other papers relevant to your purpose:
• Copy of the Company’s Trade License
• Copy of Partnership Agreement (if applicable)
• Other partners’ identifiers (if applicable)
• A copy of the Articles of Association (for LLC)
• Accreditation from the relevant UAE authorities (for specialized talents)
• Patent evidence (for investors)

When applying for a long-term resident visa in the UAE, you must bring the following documents-

• Your admission ticket
• Medical examination
• Passport/Pictures
• Card for Immigration Establishment
• Any documentation about your trip purpose

How To Get Golden Visa In UAE: Expenses required for Golden Visa

A five-year UAE Golden Visa costs AED 650. The application price is AED 150, while the amount for the issue is AED 500. The 10-year Golden Visa UAE costs AED 1,150. AED 150 is the application price, and AED 1000 is the issuance fee.

Conclusion (How To Get Golden Visa In UAE )

From the above discussion, you now know how to get Golden visa in UAE. The main benefit of the golden visa is likely security; by providing it, the UAE government has made it obvious that they want visa-holders to have property in the UAE. The added benefits make it a one-of-a-kind alternative for enjoying a stress-free life in the UAE.

FAQs (How To Get Golden Visa In UAE )