Business Golden Visa in UAE
Jul 11, 2023
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The UAE is now a friendly second home for individuals of many ethnicities who have managed to support the growth and development of the country. The Gold Visa system was developed to give long-term residence in the UAE to the chosen people who have invested in and played an essential role in the UAE’s economic success. To further promote this progress, the state has now established the Golden Visa UAE for businesses worldwide to encourage more thought leadership and investment in the nation.
How to get Golden visa in the UAE
Investors, businessmen, individuals with specialized skills, researchers in many sectors of science and knowledge, and prospective students all may qualify for the "golden visa," which is awarded to those with exceptional intellectual potential.
In certain cases, top Emiratis or government agencies would propose applicants for a business golden visa in the UAE, while in other cases, applicants will submit their own applications online.
People with budgets of Dh1 million to Dh2 million investing in real estate have a number of opportunities to choose from as well.
A golden visa recipient's dependents are eligible to seek residency in the UAE.
Benefits of the UAE golden visa
According to Tatiana Muntean, an expert from Immigrant Invest, the United Arab Emirates' Golden Visa program has several advantages in comparison with others:
- Visas for admission are valid for six months and allow repeated entries, followed by the issuing of permanent residence cards.
- Renewable 10-year residency permits.
- Self-sponsored visa.
- The freedom to travel in and out of the UAE at will without risking having a visa revoked.
- Families, regardless of age, acting as sponsors.
- Unrestricted sponsorship of domestic workers.
- Even in case of the death of the primary UAE Golden Visa holders, their dependents are allowed to remain in the UAE till the end of their permission period.
How to apply for a Golden visa UAE
Interested parties must submit an application via the Federal Authority for Identity and Citizenship (ICA) website in the United Arab Emirates.
A separate section is reserved for the VIP treatment of our golden customers.
If you fall into one of the qualifying groups but have not yet been nominated, please, submit your application using the New Request box below, and we will contact you with more information.
The online form requires your name, email address, and the category you feel you fall under for nomination.
A six-digit number called a Unified Identification Number (UID) is issued to every foreign national upon entry to the United Arab Emirates.
In addition, the General Directorate of Residency and Foreigners Affairs, Dubai's immigration agency, has established a new unit to process applications for golden visas and other high-profile individuals.
Requirements for the UAE golden visa
The United Arab Emirates (UAE) offers two distinct Long-Term Residence Visas, each with its own set of prerequisites and qualifying standards. In general, they meet the requirements in the Golden visa programs in other countries.
UAE long-term residency visa valid for 10 years
If you fit into one of the following categories, you may apply for a long-term resident visa valid for 10 years in the United Arab Emirates.
- An investment of at least AED 10 million is made in the public sector.
- A qualified doctor, engineer in computer science, electronics, electrical, or biotechnology, or someone of exceptional aptitude in the fields of culture and art.
Prolonged Residence Visa for the United Arab Emirates (valid for 5 years)
If you fit into one of the subsequent categories, you may apply for a 5-year UAE long-term resident visa:
- You make a real estate purchase in the UAE.
- You are a business person who must have a completed project with a budget of at least AED 500 000.
- You are an exceptional student who has:
- Earned a grade of 95% or above in any secondary school
- After high school, a GPA of 3.75 or above in an accredited university
Golden visa UAE cost
How much you'll pay for a Golden Visa to the United Arab Emirates is determined by the sort of service you'll need and the category of visa you're applying for. In the range of AED 2,800 to AED 3,800, the Golden Visa will cost UAE residents who apply from inside the country. Applicants from outside the UAE will be charged between AED 3,800 and AED 4,800.