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Why government introduced Golden Visa?

  • The reason for introducing the golden visa was to project the UAE as a destination for business investment and encourage business development in the region. The visa was introduced to recognize residents who have been here for the long-term and their contribution to their country’s development.

  • The golden visa is a means to recognize their contribution and to thank them with a long-term visa that is valid for ten years and can be renewed.

Can I apply for Golden Card?

Five categories of non-residents can apply for the golden card, these include entrepreneurs, chief executives, investors, meritorious students, quality talent applicants and scientists.

In 2019, the UAE implemented a new system for long-term residence visas. The new system enables foreigners to live, work and study in the UAE without the need of a national sponsor and with 100 per cent ownership of their business on the UAE’s mainland. These visas will be issued for 5 or 10 years and will be renewed automatically.

Before applying to UAE , the first step is to decide : Why you want to settle in UAE? What is your purpose? What are your future plans?

What is UAE Golden Visa?

The golden visa offers residency for five or ten years, as opposed to the standard two-year residence visa. The Business Visa is part of the Golden Visa system for permanent residents and foreigners to obtain a long-term visa for themselves and their dependents. This may include your mother and father, based on a number of specified conditions by the Federal Authority for Identity and Citizenship.

The United Arab Emirates (UAE) recently decided to issue a 10-year golden visa to professionals that will include engineers, physicians, Ph.Ds. who are from UAE accredited universities who have scored Grade Point Average or GPA of 3.8 and above. The motive behind issuing this visa is to retain ‘talented people and great minds’ in the country.

The golden visa was introduced in 2019 as a long-term residency program by Sheikh Mohammed bin Rashid, Prime Minister and Ruler of Dubai. After its launch, more than 400 investors, businessmen and some of their family members have been granted the visa.

How Golden Visa can help me?

Besides increasing the ease of setting up your business in the UAE, some of the other UAE golden visa benefits include:

  • Long-term residency visa for their dependents (parents, children and spouses), subject to certain conditions
  • An initial 6-month multiple-entry visa to expedite business establishment procedures
  • The facility to nominate up to 3 senior business personnel for residency

Am I eligible for 5-year Visa?

This category offres visa to: Real estate investors

  • The requirements for the 5-year visa are largely similar to those of the general investor.
  • The only difference being the amount of investment required is set at AED 5 million.
  • The visa also extends to their dependents.
  • Entrepreneurs are open to gain a 5-year residency visa in the UAE.
  • The eligibility requirements extend to having an existing project with a minimum capital of AED 500,000, or those who have the approval of an accredited business incubator in the country.
  • Entrepreneurs are allowed a multi-entry visa for six months, renewable for another six months.
  • The long-term visa includes the spouse and children, a partner and three executives.
Outstanding students
  • Exceptional high school and university students are eligible for a 5-year residency visa in the UAE.
  • High school students who rank top in the country (a minimum grade of 95 percent) and students from certain universities with a GPA of 3.75 or higher upon graduation.

What are the governemnt charges?

5-years visa - AED650/application 10-years visa - AED1150/application

Am I eligible for 10-year Visa?

This category offers application to: Investors

  • Having no less than AED 10 million worth of public investment, either in the form of an investment fund or a company
  • At least 60 percent of the total investment must NOT be in the form of real estate
  • The invested amount must not be loaned, or in case of assets, investors must assume full ownership
  • The investor must be able to retain the investment for a minimum of three years
  • This 10-year long visa may be extended to include business partners, providing that each partner contributes AED 10 million. The long-term visa can also include the holder’s spouse and children, as well as one executive director and one advisor. This visa may also be renewed.
Individuals with specialized talents
  • The individuals listed under the specialized talents category includes doctors, researchers, scientists, investors and artists.
  • These individuals may be granted a 10-year visa following accreditations granted by their respective departments and fields. The visa also extends to their spouses and children.

Is my job profile in-demand in Dubai?

The all profiles mentioned below have high-demands in Dubai.

  • Management accountants
  • Chief Financial Officers
  • Financial Analysts
  • Risk managers
  • Security analysts
  • Artificial Intelligence
  • HR managers
  • HR business partners
  • Talent acquisition specialists
  • Legal counsel
  • Paralegal
  • Legal assistant
  • Aerospace engineering
  • Chemical engineering
  • Electronics engineering
  • Mechanical engineering
  • Petroleum engineering
  • Marketing managers and specialists
  • Digital marketing managers and specialists
  • Content marketing managers, specialists etc.
  • SEO managers and specialists