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 UAE 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 50,000 to AED 100,000. However, it’s important to note that the golden visa price may include additional costs such as legal fees, processing fees, and medical exams.
Golden Visa UAE eligibility is typically split into the following categories:
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 stock market.
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.
3. Individuals with Outstanding Talent
The UAE Golden Visa is also available to individuals with outstanding talents, such as artists, scientists, doctors, and researchers.
4. Remarkable Students
Students who show unique aptitude can also be considered for a Golden Visa.
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:
1. No Need for Local Sponsors
One of the biggest benefits of the UAE Golden Visa is that it eliminates the need for a local 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 local sponsor or obtaining a sponsor’s approval.
2. Long-Term Residency
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.
3. Travel Convenience
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.
4. Family Visas
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.
5. Employment Opportunities
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.
Services in Dubai, 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 10 million
• Invest in a government-approved investment fund with a minimum investment of AED 10 million
2. For Individuals with Outstanding Talent
The 10-year UAE Golden Visa is also available to individuals with outstanding talents, such as scientists, researchers, and entrepreneurs. To be eligible for this visa, you must meet at least one of the following conditions:
• Have received a prestigious award in your field
• Have at least ten years of experience in your field
• Have published research in a reputable journal
• Have a patent for an invention
3. Doctors and Specialists Should Meet At Least Two of the Following Conditions:
• Have a minimum of 10 years of experience in their field
• Have received a prestigious award in their field
• Have published research in a reputable journal
• Have a patent for an invention
5-Year Visa Eligibility Requirement
4. Real-Estate Investors
To be eligible for the 5-year UAE Golden Visa, real-estate investors must invest a minimum of AED 5 million in the UAE’s real estate sector.
The 5-year UAE Golden Visa is also available to entrepreneurs who meet the following requirements:
• Have a business in the UAE that employs at least ten local citizens
• Have a business in the UAE that generates a minimum annual revenue of AED 5 million
Golden Business Visa
6. For Remarkable Students
The Golden Business Visa is available to students who meet the following requirements:
• Have a high GPA (minimum of 3.0)
• Be under the age of 25
• Have a bachelor’s degree from a reputable university
To increase your chances of success, it’s recommended that you consult with a local immigration lawyer or hire a third-party business consultancy to learn more about the requirements for obtaining a Golden Visa in the UAE.
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How 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:
1. 10-Year Golden Visa
The total cost for a 10-Year Golden Visa is roughly AED 1,100. This may change based on various fees and other costs.
2. 5-Year Golden Visa
A 5-Year Golden Visa is estimated to cost AED 700, which is AED 150 for application fees and AED 550 for issuance costs. You’ll also want to factor in any extra fees that may apply.
How MSZ Consultancy Can Help
Whether you’re looking to secure a Golden Visa, start a business in Dubai, or anything in between, MSZ Consultancy has the expertise to guide you every step of the way. With a deep understanding of the local market and a commitment to delivering personalized solutions, we are dedicated to helping your investments reach their full potential.
At MSZ Consultancy, we understand that investing can be a complex and daunting process, so we strive to make it as seamless as possible for our clients. From start to finish, we work closely with you to understand your goals and tailor our services to meet your specific needs. Whether you’re looking to expand your business, generate passive income, or simply secure a better future for yourself and your family, we have the tools and resources to help you succeed.
So if you’re ready to take control of your investments and secure a bright financial future, look no further than MSZ Consultancy. We have the experience to streamline your investments and help your business succeed. Don’t wait! Contact us today at +971 52 544 1248 to start your journey toward financial freedom and success in Dubai!
Securing a Golden Visa is an involved process, and it makes sense that you probably have several questions about what you’ll need for success. To help make sense of it all, we’ve answered several frequently asked questions on the subject.
- Can a retired foreigner apply for a UAE Golden Visa?
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.
- Why are so many people applying for a UAE Golden Visa? How can it benefit me?
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 attractive 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 your travel freedom.
- How can I find out if I am eligible for a Golden Visa in UAE?
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.
- What are the next steps after passing the UAE Golden Visa eligibility test?
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 will be able to obtain your Golden Visa.
- What determines Golden Visa UAE validity?
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 typically 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.