How to Apply for a UAE Golden Visa?
Answered on November 21,2023
Introducing the UAE Golden Visa system has sparked significant interest among expatriates aspiring to obtain residency in the United Arab Emirates. With its expanded categories and eligibility criteria, the Golden Visa is set to enhance the UAE's status as a leading global hub for business and investment. At Shuraa Business Setup, we provide comprehensive information on the Golden Visa UAE, including the current requirements, benefits, application process, and more. Dive deeper into the details to understand how to secure your future in the UAE.
What is the UAE Golden Visa?
The UAE Golden Visa is a specialised residency program granting foreign individuals the opportunity to live, work, or study in the UAE for up to 10 years. Tailored for specific categories, such as investors and exceptionally talented individuals, this renewable visa scheme is a strategic initiative to attract foreign investment and expertise to the UAE. Golden Visa holders enjoy numerous advantages, including the freedom to reside and work within the country, access to high-quality education and healthcare facilities, and the ability to sponsor family members for their residence visas. The initial validity of the Golden Visa is 5-10 years, with the option for renewal upon expiration.
What are the Golden Visa UAE Benefits?
The main benefits of UAE Golden Visa are as follows:
Extended Residency Options: Golden Visa holders are granted the privilege of residing in the UAE for either five or ten years, providing them with long-term stability and security within the country.
Versatile Employment Opportunities: Golden Visa holders have the flexibility to explore diverse career paths by applying for jobs with any company in the UAE. This opens up various employment opportunities across multiple sectors and industries.
Automatic Driving Privileges: Holders from one of the 32 approved countries enjoy the convenience of automatic eligibility for a UAE driver’s license. This streamlined process facilitates easy mobility and integration into the local community.
Latest Updates and Regulations of UAE Golden Visa
All Golden Visa categories are now valid for 10 years, marking a significant extension of the visa's validity period.
Furthermore, the eligibility criteria for the UAE Golden Visa. In addition to the existing general skilled professional category, the government now allows the following specialists to qualify for the Golden Visa:
- Senior scholars and clerics
- Highly skilled professionals in the industry and the field of the 4th Industrial Revolution.
- Specialists in health fields
- Specialists in education
Eligibility for UAE Golden Visa
The eligibility requirements for the UAE Golden Visa differ based on the specific visa category being applied for. Nonetheless, some general eligibility criteria include:
- Being a non-UAE national.
- Possessing a valid passport.
- Maintaining a clean criminal record.
Fulfilling the specific requirements outlined for the particular visa category being sought.
Golden Visa UAE Eligibility Criteria for Various Categories:
The following are the criteria of Golden Visa UAE are as follows:
Real Estate Investors:
- Minimum property investment: AED 2 million
- Property location: UAE (freehold property)
Public Investors:
- Minimum investment: AED 5 million in an approved UAE public project
Entrepreneurs and Startup Owners:
- Establish or own a business in the UAE creating at least 10 jobs for UAE nationals
- Business registration with the UAE Ministry of Economy
Exceptional Talents:
- Highly skilled individual in fields like science, medicine, education, or sports
- Significant contributions to the respective field
Scientists:
- Highly qualified scientist with a PhD degree
- Have authored a minimum of ten research papers published in international journals.
Skilled Professionals:
- Bachelor’s degree or higher
- Minimum 5 years of professional experience in an eligible field (as per the approved list)
Students:
- Enrolled in a full-time degree program at a UAE university
- Valid student visa
Humanitarian Pioneers:
- Significant contributions to humanitarian causes
- Recognition by a reputable organisation for humanitarian work
Doctors and Nurses:
- Possession of an authorised license to practice medicine or nursing in the UAE.
- At least five years of professional experience in the relevant field.
Exceptional Coders:
- Highly skilled coder with a proven successful track record
- Valid work visa in the UAE
Expanded Golden Visa Categories in Abu Dhabi
The Abu Dhabi government has broadened the scope of available Golden Visas. In addition to the previously mentioned categories, individuals can qualify for a Golden Visa in Abu Dhabi if they are:
- A retired person with a monthly pension of at least AED 20,000*.
- A high-net-worth individual with assets totalling at least AED 10 million*.
- A member of a family of investors or entrepreneurs who have collectively invested a minimum of AED 10 million* in Abu Dhabi.
Note: The figures mentioned above are subject to change.
What is the UAE Golden Visa Price?
The UAE Golden Visa Price varies based on the specific visa category being applied for. However, the general pricing structure is as follows:
- Real Estate Investor Visa: AED 2 million*
- Public Investor Visa: AED 5 million*
- Entrepreneur and Startup Owner Visa: AED 500,000*
- Exceptional Talents Visa: AED 500,000*
- Scientists Visa: AED 500,000*
- Skilled Professionals Visa: AED 250,000*
- Student Visa: AED 100,000*
- Humanitarian Pioneers Visa: AED 100,000*
- Doctors and Nurses Visa: AED 100,000*
- Exceptional Coders Visa: AED 100,000*
Requirements for a 5-Year UAE Golden Visa
The prerequisites for obtaining a 5-year UAE Golden Visa remain identical to those of the 10-year visa, except for the investment threshold. For a 5-year visa, the investment threshold is set at AED 1 million*.
Validity of Golden Visa UAE
The UAE government has extended the validity of all Golden Visa categories from 5 years to 10 years, enhancing its appeal for individuals seeking residence and employment. Additionally, Golden Visa holders are granted a multiple-entry visa for 6 months, facilitating the completion of Golden Visa procedures. Furthermore, they can reside outside the UAE for over 6 months. This gives expatriates a 6-month window to either adjust their status and obtain another residence visa or depart from the country.
UAE Golden Visa: Extension and Cancellation
The UAE Golden Visa can be extended for 5 or 10 years, provided you continue to meet the eligibility criteria. However, the visa may be cancelled if you breach its terms or are convicted of a crime.
Additional Requirements for a 5-Year Visa
In addition to the standard prerequisites, there are specific conditions to qualify for a 5-year UAE Golden Visa:
- You must possess a valid health insurance policy.
- You must hold a valid UAE residence visa.
- You must not have any outstanding debts in the UAE.
Obtaining a 5-Year or 10-Year UAE Golden Visa
Securing a UAE Golden Visa is a streamlined process. Here is a step-by-step guide to help you through the application:
Collect Necessary Documents:
Gather all the required documents needed for your application.
Complete the Application Form:
Fill out the designated application form accurately and thoroughly.
Payment of Application Fee:
Make the necessary payment for the application fee.
Submission to UAE Government:
Submit your completed application along with the required documents to the UAE government.
The processing duration for a UAE Golden Visa varies based on the specific visa category. Typically, the processing time falls within 3-6 months.
Answered on February 28,2024
The Golden Visa program in Dubai, UAE, administered by the Federal Authority for Identity, Citizenship, Customs, and Ports Security, stands as a coveted opportunity for many. This initiative opens doors to long-term residency options spanning from five to ten years, attracting considerable interest from qualified individuals.
In this article, we'll explore the diverse prerequisites for the Dubai Golden Visa and provide comprehensive guidance on applying for this extended residency opportunity in the UAE.
Before delving into the application process, it's essential to understand the eligibility criteria for obtaining the UAE Dubai Golden Visa.
Eligibility for the UAE Golden Visa
The UAE government has established specific criteria for individuals eligible to apply for the "golden visa." These categories include:
1. Professionals and Experts: Scientists, Ph.D. holders, and skilled data professionals.
2. Top-tier Professionals: Chief executives and leaders in various industries.
3. Medical Practitioners: Qualified doctors and medical specialists.
4. Academic Achievers: Exceptional students and university graduates.
5. Investors: Individuals investing in the UAE's economy.
6. Real Estate Investors: Those investing in the UAE property market.
7. Entrepreneurs: Innovative business founders and leaders.
Golden Visa Requirements for Each Category
The Golden Visa scheme offers a pathway to residency for up to ten years, contributing to the UAE's competitiveness and fostering a conducive environment for economic growth.
Investors in Public Investments:
To qualify for this visa, investors must fulfill the following conditions:
1. Present a viable business plan for establishing a legal presence in the UAE.
2. Provide evidence of a deposit of AED 2 million with a UAE-approved investment fund or possess a valid commercial or industrial license, ensuring a capital of no less than AED 2 million.
3. Alternatively, invest a minimum of AED 2 million in a new or existing company as a partner, not financed by a loan, or demonstrate ownership of a company paying the government at least AED 250,000 annually, confirmed by a letter from the Federal Tax Authority.
Real Estate Investors:
Requirements for obtaining a visa include:
1. Confirmation of property ownership valued at AED 2 million or more, certified by the Real Estate Registration Department and free from any liabilities.
2. Proof of residency through property ownership or a lease agreement.
Entrepreneurs:
Criteria for visa issuance involve:
1. An endorsement from a UAE-based auditor affirming a project value of at least AED 500,000.
2. Confirmation from emirate authorities regarding the project's significance.
3. Approval from an accredited UAE business incubator.
4. Submission of a valid passport copy and one-year health insurance coverage.
5. Evidence of residency.
Outstanding Specialized Talents:
Various professions qualify for the Golden Visa:
1. Talented individuals in fields such as medicine and science require approval from the Ministry of Health or relevant authorities.
2. Creative individuals in culture, art, and innovation need approval from relevant departments or ministries.
3. Executive directors must hold a certified degree, possess a minimum of five years of experience, earn a salary of at least AED 50,000, and provide a valid work contract.
4. Specialists in science and athletes require specialized certificates and recommendations from sports authorities.
5. Doctoral degree holders and specialists in engineering and science need certified copies of their degrees and relevant employment contracts.
Outstanding Students:
Exceptional high school and university students can also apply:
1. High school students require a recommendation letter from the Ministry of Education for a 5-year Golden Visa without a sponsor.
2. University students with a GPA of at least 3.8 can secure a 10-year Golden Visa and sponsor their families.
Complete Procedures for Applying for the UAE Golden Visa
Individuals seeking to apply for the UAE Golden Visa can do so through either the Federal Authority for Identity and Citizenship (ICA) or the General Directorate of Residency and Foreigners Affairs (GDRFA). Here's a step-by-step guide:
1. Choose the Application Platform: Decide whether to apply through ICA or GDRFA, keeping in mind the online-only option with ICA and both online and offline options with GDRFA.
2. Access the Application Portal: Visit the official website of the chosen authority and access the online application portal.
3. Fill Out the Application Form: Provide accurate information and ensure all necessary documents are ready for submission.
4. Upload Supporting Documents: Attach all required documents as per the application form's instructions.
5. Pay Application Fees (if applicable): Some categories may require payment; ensure timely payment through designated methods.
6. Submit the Application: Complete the application process by submitting the form and supporting documents.
7. Monitor Application Status: Keep track of your application through the respective platform and follow any additional instructions.
8. Attend Biometric Appointment (if required): Depending on the category, schedule and attend a biometric appointment if necessary.
9. Receive Golden Visa Approval: Upon approval, follow any additional instructions for visa issuance and collection.
Application Process via Different Platforms
Here's how to apply for a UAE Golden Visa through ICA and GDRFA:
Applying Through ICA (Online):
1. Visit the ICA website.
2. Select 'Golden Visa' and follow instructions.
3. Provide information, submit documents, pay fees, and await approval.
Applying Through GDRFA (Online):
1. Visit the GDRFA Dubai website.
2. Select the Golden Visa form, provide information, submit documents, pay fees, and await further instructions.
Applying Through GDRFA (Offline):
Visit licensed typing centers for offline application processing through GDRFA. Upon approval, you'll receive a message confirming approval and the original entry permit.
Conclusion
Navigating the UAE Golden Visa application process demands attention to detail and compliance with requirements. While the process is straightforward, meticulous preparation and adherence to guidelines are crucial. Seeking assistance from experts providing PRO Services in Dubai, UAE, can facilitate a smoother application journey, ensuring successful acquisition of the coveted golden visa.
Answered on March 18,2024
To apply for a UAE Golden Visa, you must meet eligibility criteria such as investment in property, business, or specialized fields like science, art, or innovation. Submit required documents, including passport copies, proof of investment, and a clean criminal record. Apply through the Federal Authority for Identity and Citizenship (ICA) or relevant authorities depending on your visa category. Visit at dubaibusinesssetup.ae for more information about golden visa.
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