Long term residency visa in UAE is possible with different ways. One of them is UAE golden visa. Not to mention the many upsides there are to having this visa. It’s an attractive option for sure. Professionals, investors and families alike find themselves drawn to it. If you are going to apply for golden visa UAE, then you’ve landed on the right tab.
Our article explains everything including eligibility, application process and the advantages of holding this prestigious visa.
Understanding The Golden Visa Background
Encouraging investment was the reason behind UAE golden visa being introduced. It attracts talent. The country invites modernization. The visa provides long term residency solutions. The target audience for this one is certain groups of people.
The visa lets residents live, work and own business in UAE. It does not require a sponsor. This gives an edge to those who plan on building a future here.
We illustrate the distinction between golden visa and a simple standard residence visa. This helps us draw parallels and highlight the differences they hold.
|
Feature |
Golden Visa | Standard Residence Visa |
|
Duration |
Up to 10 years |
2-3 years |
|
Renewal Requirements |
Less strict options for investment or talent |
Requires employer sponsorship or property renewal |
|
Family Sponsorship |
Can sponsor family for the same duration |
Limited and requires proof of income |
|
Property Ownership |
Allows property ownership in freehold areas |
Restricted to specific types or requires business ownership |
| Employment Flexibility | No sponsor required |
Requires company sponsorship |
Benefits of Obtaining a Golden Visa in UAE
There are many advantages to UAE golden visa. That’s why it is a valuable asset for eligible applicants. These are attractive UAE golden visa benefits.
Long-Term Residency
A major attractive feature of UAE golden visa is its long term residency option. Visa holders can choose from five and ten year visa durations. Their eligibility and application category affect it. This long-term stability helps those planning to stay in the UAE for extended periods. And they get to set up businesses confidently.
No Need for a Sponsor
UAE Golden Visa lets individuals live and work in the country. It does not require a local sponsor. This independence is a major advantage. It gives visa holders complete freedom to move and operate their businesses in the country.
Family Sponsorship
Golden Visa holders can also sponsor their immediate family members, such as spouses, children and even domestic staff. This ensures that families can stay together and benefit from the privileges of living in the UAE.
Employment and Business Opportunities
With a Golden Visa, you gain access to many job opportunities. It empowers you to start and own businesses across different industries in UAE. The visa supports professionals. This is for people seeking growth in their careers and expansions in business ventures.
Tax Benefits
UAE has quite an attractive environment for Golden Visa holders. The biggest selling is how it’s tax free. Absence of personal income taxes means you can save on bigger expenses. There’s a stable financial system. Implementation of business-friendly policies make it an ideal location for investors.
Property Ownership
Golden Visa holders are allowed to own property in freehold areas. This provides them with the freedom to invest in real estate. And they can grow their assets. Establishing your presence in UAE long term is a major advantage.
What Are All the Requirements for Dubai Golden Visa?
Before you proceed to apply for golden visa Dubai, you need to know the specific requirements. These encompass the following points.
- Valid passport and UAE residency proof
- Evidence of income or investment in UAE-based assets
- Clearing your medical test results
- Proof of residence in the UAE through your tenancy contract or ownership
- Health insurance
These requirements vary among different categories of applicants.
Who Is Eligible for a Golden Visa?
Qualifying for your UAE Golden Visa means applicants should fall belong to certain categories. These are the ten common eligibility groups.
- Entrepreneurs and startup founders
- Real estate investors
- Professionals in medicine and healthcare
- Scientists and researchers
- Technology and engineering specialists
- University students with exceptional grades
- Individuals in the creative arts
- Investors with a minimum investment in UAE-based assets
- Executives with managerial positions
- Professionals with exceptional skills in their respective fields
Required Documents and Application Fees
Gather the documents to apply for golden visa UAE. Pay up the 10-year golden visa UAE cost. These are the documents you will need on hand.
- A valid passport copy and UAE residency visa
- A completed golden visa application form
- Proof of qualifying investment or employment in the UAE
- Health and medical fitness certificate
- Income statements or evidence of ownership in a UAE-based company
The total amount of fees is different for everyone. The visa category and duration determines the sum. The applicant might need to pay extra too for their health tests and residency permits.
Step-by-Step Guide How to apply for Golden Visa in UAE?
We have used this piece to simplify explaining how to apply for golden visa UAE.
Determine Your Eligibility
Confirm which category you qualify for. Determining elements include your profession and investment level. This ensures you prepare the right documents for it.
Gather Required Documents
Collect all the necessary documents required for your specific category. We have shared above what you are going to need on this end.
Choose an Emirate
Decide which Emirate you prefer for your visa application. All of them have their own processes. So you need to make sure your paperwork matches the selected area’s requirements.
Submit Your Application
Apply for golden visa UAE online through the relevant UAE authorities. Or pay a visit to their offices in person. Complete the application form. Attach all required documents before you submit it.
Undergo Medical Examination
You will need to pass a medical exam. It will be conducted at authorized centers in the UAE. This is compulsory for visa approval process.
Biometric Registration
Next in line are biometric details. Your fingerprints are registered as part of application procedure. This is done at authorized centers in your selected Emirate.
Receive Approval
After the application has been processed, you will be notified of approval. Then you can move ahead with finalizing everything.
Collect Your Golden Visa
Everything is done and dusted. It’s time to collect your UAE Golden Visa. This brings you all its benefits to enjoy.
How The UAE Gate Assists You in Obtaining UAE Golden Visa?
Visit our blog to learn about UAE golden visa: new rules. We provide expert guidance and offer our unwavering support. UAE Gate extends assistance when you apply for golden visa UAE. Our services consist of the following.
- Consultation for determining your eligibility and visa options
- Assistance with gathering and organizing documents
- Guiding applicants through the entire application process
- Helping with biometric registration
- Ensuring timely updates and approvals for a smooth experience
Contact us for our golden visa services in UAE.
