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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.

UAE Golden Visa