Dubai Golden Visa
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Golden Visa
Dubai (UAE) Golden Visa
Benefits of UAE Golden Visa
The ‘Golden Visa’ in the UAE is a special long-term residence permit designed for foreign talents. It offers a range of exclusive benefits, including:
Dubai Golden Visa offers full business ownership rights, eliminating the need for a local sponsor and ensuring professional autonomy.
Holders benefit from a flexible entry system, with 6-month visas that allow multiple entries and smooth residency permit issuance.
The visa permits sponsoring family members, including spouses, children of all ages, and an unlimited number of domestic helpers.
If the primary visa holder dies, family members can remain in the UAE until the permit expires.
Residents enjoy the convenience of renewable 5 or 10-year long-term residence visas, which allow them to stay outside the UAE for extended periods without losing their residency status.
Who Can Apply for Golden Card?
Eligible applicants include:
- Real Estate Investors
- Entrepreneurs
Researchers & specialized talents including:
- Inventors
- Athletes
- Executives
- Specialists in scientific fields
- Creative people of culture and art
- Scientists
- Specialists in the fields of engineering and science
- Doctors
- Doctoral degree holders
- Highly talented students
These individuals can sponsor family members and receive 5 or 10-year renewable residence visas.
UAE Golden Visa Requirements
The UAE Golden Visa requirements vary based on the kind of residence, such as skills, entrepreneur, or investor.
Investors in Public Investments:
- Investment in an accredited investment fund necessitates a deposit of AED 2,000,000.
- Submission of a valid commercial or industrial license with a minimum capital of AED 2,000,000.
- Proof of annual government payment of no less than AED 250,000.
Real Estate Investors:
- Ownership of properties valued at no less than AED 2,000,000.
- Purchase of property using loans from specific local banks.
Entrepreneurs:
- Ownership of a technical or future-oriented economic project requiring a minimum value of AED 500,000.
- Approval letters from an auditor, emirate authorities, and an accredited business incubator in the UAE.
Outstanding Specialized Talents:
If you have an outstanding specialized talent, you may get a Golden visa for 10 years after meeting the requirements mentioned below for each category:
Doctors and Scientists:
- Approval Letter from UAE Ministry of Health and Prevention (for doctors).
- Recommendation from Emirates Council of Scientists or Mohammed bin Rashid Medal for Scientific Excellence (for scientists).
Inventors:
Recommendation from the Ministry of Economy validating the economic value of the patent.
Creative Individuals in Culture and Art:
- Approval letter from the respective emirate’s Department of Culture and Arts.
- Executive Directors:
- Accredited university degree.
- 5 years of experience in the same position.
- Salary certificate reflecting a minimum of AED 50,000.
- Valid work contract.
Athletes:
- Recommendation letter from General Sports Authority or a sports council.
- Specialists in Engineering and Science:
- Certified Bachelor’s or Master’s degree from the Ministry of Education.
- Valid work contract.
How Much Investment Is Required for a Golden Visa?
The amount of money you have to invest to be eligible for a Golden Visa depends on the country.
Some countries, such as Spain, Portugal, or Greece, offer residence by investing in real estate, companies, government bonds, or certain industries in the country. In these cases, the amount of money required for investments usually does not exceed €500,000.
On the other hand, there are EU countries such as Switzerland, Italy, and Austria which require a much more active investment method, such as creating job opportunities. Investment requirements in these countries are higher.
The experts at La Vida – Golden Visas will guide you in the right direction on exactly what type of investment is the best for you.
Outstanding Students:
No, you cannot. If you intend to invest as a means of obtaining residency, you will need to prove that the money being invested is actually in your name, so no loans are allowed. However, if you intend to purchase a property, a mortgage may be allowed, depending on the country. You still have to pay the minimum amount of money required upfront, and for anything over the minimum required amount, you can get a mortgage or loan. But remember, the exact rules change from country to
- If you’re a high school student with a minimum grade of 95%, you could qualify for a 5-year Golden visa without a sponsor.
- You would need a recommendation letter from the Ministry of Education. The duration can be extended if enrolled in majors/colleges requiring more than five years of study.
- Outstanding university students may receive a 10-year Golden visa without a sponsor, provided the university is rated A or B class.
- In this case, you would also need a recommendation letter or accredited academic record with a minimum GPA requirement. The same applies to outstanding students from foreign universities, with the additional condition of being among the top 100 globally according to recognized rating systems.
Pioneers of Humanitarian Work:
- Individuals with significant contributions to humanitarian causes can get a Golden Visa for 10 years.
- Recognition from international, regional, or local organizations is necessary.
Frontline Heroes:
- Recognized individuals who demonstrated exceptional efforts during crises like the COVID-19 pandemic.
- country, so this may not always be true.
