UAE Golden Visa Program: A Guide to Residence by Investment

UAE is a popular travel destination known for luxury lifestyle, world-class infrastructure, economic stability, and high standard of living and security. UAE is also considered as one of the tops destinations to live and work. That's the reason the UAE have designed Golden Visa for foreign residents who want long-term residency in the UAE.

UAE Golden Visa represents the country's focus on attracting foreign investors, entrepreneurs, scientists, extraordinary talents, and deserving students, providing them with a stable and long-term residency in the UAE.

What is UAE Golden Visa?

UAE Golden Visa is a long-term residency program that offers 5-to-10-year residency permit, enabling individuals to live and work in the UAE without any sponsorship or owning a business.

Key Benefits of Golden Visa

The UAE Golden Visa comes with a wealth of benefits:

Long Term Residency: Golden Visa holders are entitled to long-term residency unlike other visas with higher security and stability without depending on sponsors.

Renewable: Golden Visa is easily renewable providing more peace of mind and ensuring prolonged residence in the UAE.

Family Members Inclusion: This visa allows inclusion of sponsorship for family members, spouse, children, and even maids and drivers giving extra benefits.

Exclusive Perks: With UAE Golden Visa, you can enjoy exclusive services, discounts, and privileges in the UAE such as Esaad privilege card that allows you valuable savings and benefits across multiple sectors.

Eligibility Criteria for UAE Golden Visa

As mentioned above, Golden Visa is available for a diverse type of individuals including investors, entrepreneurs, skilled professionals, and outstanding students etc. Given below is the eligibility criteria for certain individuals:

Investors

Investors can qualify for the UAE Golden Visa in the following conditions:

·       Make a property purchase worth at least 2 million Dirhams.

·       Make a substantial investment in the country, such as depositing a fixed amount in UAE Local bank or any investment fund.

Entrepreneurs

Entrepreneurs and Businessmen are qualified for the Golden Visa if they present a feasible business plan and obtain approval from the approved incubator, investor in the UAE or relevant authorities.

Skilled Professionals and Scientists

Skilled professionals and scientist are also encouraged to apply for Golden Visa contributing to the diversity of talent in the UAE with the following conditions:

·       Must demonstrate a proven track record of extraordinary work and achievements in their respective field

·       Must hold advanced degrees or possess extraordinary professional experience

Extraordinary Students

The UAE also encourage students with extraordinary educational track record to apply for Golden Visa:

·       Must exhibit outstanding academic record

·       Recognized by top awards accreditations in the field of science, arts or any other discipline

Documents required for UAE Golden Visa

Applicants are required to submit the following documents to the authorities

Passport: A valid passport with at least six months remaining expiry

Photographs: Latest passport-sized photographs with white background

Visa application: A completed visa application form

Proof of eligibility: A document supporting the applicants' proof of eligibility in any of the above-mentioned categories.

Medical certificate: A medical fitness certificate declaring your fitness from approved UAE health authorities

Health insurance: A valid health insurance coverage in the UAE