The UAE Golden Visa
What Is a Golden Visa?
The UAE Golden Visa Dubai is a residency program offered by the government of the United Arab Emirates (UAE) to eligible individuals. The program provides the holder with the right to live and work in the UAE and is designed to attract investors, entrepreneurs, talent, and students to the country.
The UAE Golden Visa price can vary depending on several factors, including the type of visa you apply for, the duration of your stay, and the services you require. On average, the price of a UAE Golden Visa can range from AED 2,700 to AED 9,800. However, it’s important to note that the golden visa price may include various fees such as golden visa application fee, medical test fee, Emirates ID application fee, and processing fee.
Golden Visa UAE Eligibility Categories
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Investors
The UAE government recognizes the importance of foreign investment and offers the Golden Visa to investors interested in investing in the country. This type of visa is ideal for individuals who want to start a business, purchase real estate, or invest in the UAE banks. -
Entrepreneurs
The Golden Visa is also available to entrepreneurs who are interested in starting or expanding their businesses in the UAE. This visa provides entrepreneurs access to world-class infrastructure, a talented workforce, and a favorable business environment.
The Benefits of the UAE Golden Visa
The UAE Golden Visa is an excellent opportunity for people looking to live, work, or invest in the UAE. It’s designed to make it easier for individuals and entrepreneurs to enter and stay in the country with less hassle and stress than is traditionally involved in the process. Here are five of the most significant benefit of Golden Visa UAE:
One of the biggest benefits of the UAE Golden Visa is that it eliminates the need for a sponsor. This makes the process of obtaining a visa much easier and less complicated. As an applicant, you won’t have to worry about finding a sponsor or obtaining a sponsor’s approval.
The UAE Golden Visa allows for long-term residency in the UAE, which can be a big advantage for those who want to stay in the country for an extended period. With this visa, you can stay in the UAE for up to 10 years, depending on your situation.
With the UAE Golden Visa, you’ll have the convenience of traveling in and out of the UAE without applying for a separate visa each time you enter the country. This is especially important for those who frequently travel for work or personal reasons.
The UAE Golden Visa allows you to bring your family to the UAE. This includes your spouse and children, who can also obtain visas and live in the UAE with you. This benefits families who want to be together in the UAE and enjoy the country’s many benefits.
The UAE is one of the world’s leading business and financial centers, with a thriving economy and a wide range of employment opportunities. With the UAE Golden Visa, you’ll have the opportunity to take advantage of these opportunities and build a successful career in the UAE.
What Are the UAE Golden Visa Requirements?
The requirements for obtaining a Golden Visa in the UAE can vary depending on the type of visa you’re interested in. These requirements include:
10-Year Visa Eligibility Requirement
1. For Investors-
Investors who want to obtain a 10-year UAE Golden Visa must meet the following requirements:
- Invest a minimum of AED 10 million in a local company or the UAE’s real estate sector
- Own property in the UAE worth at least AED 2 million
- Invest in UAE banks as a fixed deposit of AED 2 million for 2 years and enjoy the benefits of a 10-year golden visa.
2. Entrepreneurs-
The 10-year UAE Golden Visa is also available to entrepreneurs who meet the following requirements:
- Have a business in the UAE that generates a minimum annual revenue of AED 10 million and the profit margin of shareholders should be AED 2 million annually.
3. Executive Directors-
- If a person is getting a salary above AED 30,000 monthly, then he/she is eligible for a 10-year golden visa by showing the bank statements of the last 6 months from the same company.
5-Year Visa Eligibility Requirement
- The person’s age should be 55 years or above
- Grade 12 is the minimum requirement and the percentage should be 95%
Real-Estate Investors-
To be eligible for the 5-year UAE Golden Visa, real-estate investors must invest a minimum of AED 1 million in the UAE’s real estate sector.
Golden Business Visa
For Remarkable Students-
The Golden Business Visa is available to students who meet the following requirements:
- Have a high GPA (minimum of 3.8)
- Be under the age of 25
- Have a bachelor’s degree from a reputable university
- Grade 12 is the minimum requirement and the percentage should be 95%
To increase your chances of success, it’s recommended that you consult with us at +971 52 544 1248.
To increase your chances of success,
it’s recommended that you consult with us atHow to Apply for Golden Visa UAE
Applying for a Golden Visa in the UAE is a straightforward process, but it’s important to be well-prepared to ensure your application is approved. Here’s a step-by-step guide on submitting a UAE Golden Visa application:
1. Apply for Nomination
The first step in applying for a Golden Visa in the UAE is to apply for nomination. You can apply for nomination through the Department of Economic Development (DED) or a government-approved free zone.
2. Upload Documents
Once you have been nominated, you must upload the following documents to the DED or the Free Zone:
- Passport copy
- Residence visa copy
- Educational certificates
- Employment certificate (for business owners)
- Business registration documents (for business owners)
- Financial statements (for business owners) It’s important to note that the documents required for the Golden Visa application may vary depending on the type of visa you’re applying for and your individual circumstances.
3. Receive Visa
Once you’ve uploaded all the necessary documents, the DED or the free Zone will review your application. If your application is approved, you’ll receive your Golden Visa, allowing you to live and work in the UAE for the specified period. Applying for a Golden Visa in the UAE is a process that requires careful preparation and attention to detail. Following these steps will increase your chances of securing the Golden Visa in the UAE, including long-term residency, travel convenience, family visas, and employment opportunities.
What Is the Golden Visa UAE Cost?
The Dubai Golden Visa price can vary depending on the length of your tenure, but in most cases, you can expect them to be as follows:
The total cost for a 10-Year Golden Visa starts from
AED 6,000and may change based on the type, various fees, and other costs.
A 5-Year Golden Visa is estimated to cost
AED 2,700.You’ll also want to factor in any extra fees that may apply
Experience
How MSZ Consultancy Can Help?
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Frequently Asked Questions (FAQs)
Yes! A retired foreigner can apply for a UAE Golden Visa. The eligibility criteria for the Golden Visa may vary based on the investor’s nationality and the type of investment they make. So, it’s always best to check with the relevant authorities to confirm if you are eligible.
The UAE Golden Visa has become increasingly popular due to its many benefits to investors. These benefits include residency in the UAE, tax exemptions, access to world-class healthcare and education, and more. Additionally, the UAE has a strong economy, making it an appealing destination for investors looking to grow their wealth. By obtaining a Golden Visa, you can enjoy all the benefits of living in the UAE while maintaining travel freedom.
To determine if you are eligible for a Golden Visa in the UAE, you will need to complete an eligibility test. This test typically involves a review of your financial status, personal background, and other relevant factors. You can also consult a professional consultancy firm, like MSZ Consultancy, which specializes in Golden Visas, to help you determine your eligibility.
If you pass the UAE Golden Visa eligibility test, the following steps typically involve making the required investment, submitting all the necessary documentation, and undergoing a background check. Once all the necessary criteria have been met, you can obtain your Golden Visa.
The validity of the Golden Visa in the UAE is typically determined by the type of investment made and the investor's circumstances. The visa is usually valid for three years and may be renewed regularly. It’s crucial to check with the relevant authorities to determine the exact validity of your Golden Visa.