The attraction of the UAE Golden Visa benefits has captivated many around the globe for many reasons. The economic stability, a lavish lifestyle, tax benefits, and the list goes on! This makes them among the best places to visit and start residing.
To start living, now the UAE government offers such as family visa services in UAE, employment visas, and best of all golden visas. A pool of benefits comes under this type of visa. Ever thought about why this visa is so special? Let us help you to understand in detail.
In this article, you will learn about:
- What is a Golden Visa?
- 10 Golden visa benefits in UAE
- Eligibility criteria to obtain a golden visa
- Golden visa requirements
- Cost of acquiring a golden visa
- How UAE Gate help you get one
Let’s dive into the powerful golden visa benefits in UAE that come with the UAE’s prestigious Golden Visa.
Understand the Golden Visa Program
Around the UAE, a golden visa is a long-term residency visa. It is specifically designed to attract entrepreneurs, investors, researchers, and talented individuals from different domains. The UAE is a hub for innovation, investment, and cultural diversity. This visa aims to offer this diversity to those who meet specific criteria.
10 Golden Visa Benefits in Dubai, UAE
Viewing the vibrant landscape of UAE, the top ten golden visa benefits in UAE have been discussed in detail
Long-Term Residency
This is the top benefit of a golden visa. An individual may enjoy extended residency under the golden visa. It offers up to 10 years of long duration to live in the UAE.
Property Ownership Privileges
Golden visa offers an opportunity for real estate investors as it facilitates property ownership
No Employer Sponsorship
Unlike other visa types, golden visas do not require sponsorship from employers. Whether you are looking for higher studies or seeking a bright career opportunity. You no longer require someone to sponsor you!
Family Sponsorship
Under a golden visa, the family members such as spouses and children can obtain a UAE residence visa so that the family unit remains together
Tax Benefits
One of the most appealing aspects of a golden visa is the tax benefit it offers. The Golden visa holders enjoy their earnings fully as the UAE government does not levy income taxes on UAE residents
Multiple Entry Visa
The visa holder can enjoy the global mobility to travel in and out of the country. Golden visas allow individuals to have UAE multiple entry visas to travel to any country at any time without applying again for a visa. The individual can enjoy traveling in visa-free countries.
Access to World-Class Healthcare
If you are going to apply for a golden visa, know that you will have access to state-of-the-art healthcare facilities.
Educational Advantages
For students, it is great to acquire a golden visa due to its several educational and career development benefits.
Additionally, you will also get a chance to get admission to some of the best educational institutions. It ensures high-quality education
Elite Perks
An exclusive perk is also introduced for UAE’s Golden Visa certain categories. This is known as the Esaad Card for golden visa holders. This card offers several special benefits and discounts. These benefits enhance an individual’s financial and lifestyle experiences. It allows individuals to have savings across several sectors such as:
- Automotive
- Real estate
- Healthcare
- Hospitality
- Health insurance and
- Banking services
Retirement Haven
The standard retirement visa has 5 years validity. On the other hand, the Golden visa grants its holder a 5-10 year renewable residency.
Eligibility Criteria For obtaining a UAE Golden Visa
To obtain a Golden visa for UAE, one has to meet the following requirements. We have discussed each individual’s separate eligibility criteria such as investors, entrepreneurs, and others
- Investors can easily qualify for a Golden visa by making investments in UAE businesses. It includes investments in real estate and capital investment in UAE companies.
- As an aspiring entrepreneur, you can obtain a golden visa if you have a proven track record of successful business ventures. You can also make your case strong if you have innovative business ideas that can contribute to the UAE’s economy
- If you are a professional in the fields of science, healthcare technology, and education, then congratulations you can apply for a golden visa. Note that, if you are a researcher with significant contributions then you are also eligible for the Golden Visa.
- Similarly, an exceptional student backed up with outstanding academic achievements can have a good chance of getting golden visa approval and can apply for it. High-potential individuals are welcome wholeheartedly in the UAE to foster a knowledgeable and skilled future workforce.
UAE Golden Visa Requirements
Many agencies that are providing Golden visa services in UAE have different requirements that depend on the type of residence whether investor, talent entrepreneur, etc. We are going to discuss each separately and in detail:
Investors:
- Submission of a letter from an investment fund stating that the investor has a deposit of AED 2 million
- Valid commercial or industrial license
- Letter submission from Federal Tax Authority
- Must own the invested capital
- Proof of medical insurance
Real Estate Investors:
- Provision letter from the land department
- Property purchase on a loan from a specific bank
Entrepreneurs:
- Approval letter from an auditor in the UAE stating that the property is not less than 500,000 dirhams
- Approval letter from authorities in the Emirate
- An approval letter from a recognized business chamber.
University Students:
- The university must be rated as an A or B class by the Ministry of Education
- A recommendation letter from the university, an academic record stating that a student’s CGPA is not less than 3.5 for A-category universities and 3.8 for B-category universities, or a graduated certificate
Cost of Golden Visa Fees in UAE
The Golden visa costs between AED 2800 to AED 3800 from the UAE. If applied from outside of UAE, then it will cost you around AED 3800 to AED 4800 with an additional AED 150 application fee and AED 1000 for a medical examination of the Emirates ID.
How does “The UAE Gate” Help you in getting a Golden Visa UAE?
As you learn about the golden visa benefits in UAE in this guide. Now, if you are open to taking help for a visa of any type. Knowing that you will get assistance for all visa types from us.
At The UAE Gate, we are helping individuals day and night to make it easy for them to obtain visas for the UAE. From family visa to golden visa, you can avail of the visa service without any hassle!
Making ends meet, we try our best to fulfill all your visa requirements whether you are an aspiring entrepreneur, a dedicated student, a passionate investor, or an academic professional. Try out our visa services and you will never get out of time in having your visa on your hand timely!
