The Golden Visa Dubai actually gives you a golden opportunity to stay and work in Dubai for a longer duration as compared to the ones having a basic visa. Since Dubai is a place where you are sure to find a livelihood, you might want to stay here for a longer time. UAE is currently working on launching around 50 new initiatives so that its industrial development can be enriched. These initiatives try to lure workers from foreign countries so as to boost the competitiveness of the country. And this is the reason why they have introduced the “Golden Visa.”
If you have further queries about Golden Visa Dubai, then you have landed on the right page because we are going to cover all the essential topics related to this system right here in this article. So, keep reading!
Introduction to Golden Visa Dubai
If you are someone who is not sure about what this visa system actually is, then let me tell you in very simple terms that this is a Visa that is being offered by the UAE so that foreigners can stay in this country for the long term. A lot of individuals look forward to attaining this Visa to fulfill several purposes such as working, studying, and more in any of the cities of the United Arab Emirates. In case you are also looking forward to getting this Visa, then you can read the upcoming section to find out whether or not you are eligible for this visa, how to apply for it, and its benefits.
Who can apply for the Golden Visa Dubai (UAE)?
Check below the list of individuals who are eligible for and can apply for the UAE’s Golden Visa. Belonging to one of the following categories is a must if you wish to acquire this visa. The list has been created by taking the UAE’s Cabinet Resolution into consideration:
- Entrepreneurs having good business ideas
- Investors
- Researchers
- Individuals having specialized knowledge in the field of science and technology including scientists and artists
- Highly intelligent and talented students who have scientific capabilities
- Someone who has got any kind of job in the country and the employer wishes to keep you for a longer duration
(Note: This eligibility does not mean that you will certainly get the Golden Visa Dubai. It completely depends on the management.)
Requirements to get UAE’s Golden Visa (for Foreign Investors)
Following is the complete list of requirements that you have to have and be prepared with if you wish to acquire a UAE Golden Visa. So, be careful while going through this section:
- Foreign investors are eligible to apply for a 10-year Visa and to obtain this, your public investment should be at AED 10 million or above.
- Business partners contributing AED 10 million each are also eligible for this Visa.
- However, if you have a public investment worth AED 5 million, you are eligible to apply for a 5-year Visa.
- It is important that investors from this category should keep this amount invested for at least 3 years. They should not loan this amount no matter what.
- In case you have the stated amount in terms of assets, you should be able to show the full ownership of that asset. Additionally, not more than 40% of the funds should be invested in the real estate sector whether it is in Dubai properties or any other location.
- If you get a long-term golden Visa, you are eligible to bring your spouse, children, an advisor as well as a chief executive director.
Golden Visa UAE requirements for individuals with specialized talent
Persons having specialized talent are eligible to apply for a 10-year Golden Visa Dubai. However, this will be possible only if they fulfill the following requirements:
- You will be eligible to get this visa only if the respective individuals from your departments and fields grant you the necessary accreditations.
- Individuals belonging to the category of “Scientists” need to be the holders of the Mohammed Bin Rashid Medal for Scientific Excellence or should have accreditations from the Emirates Scientists Council.
- On the other hand, if you belong to the category of creative individuals, then it is a must that you have accreditations from the Ministry of Culture and Knowledge Development in the field of culture and art.
- Potential applicants must be educators from any of the Ministry of Education-approved international universities.
- Doctors who wish to apply for the Golden Visa Dubai need to be a medical practitioners having 20 years of experience in their field of expertise.
- Children and Spouses of individuals who have acquired this Visa are also eligible to get this visa.
UAE Golden Visa requirements for other applicants
- Real Estate Investors: If you are a real estate investor planning to acquire a golden visa, then your eligibility requirements are similar to those of a general investor.
- Students and Specialists: In case you are an outstanding student, having 95% in private or public secondary schools is a must to apply for this Visa. On the other hand, if you are a university student, you need to have a minimum GPA of 3.75 in your graduation.
- Entrepreneurs: Entrepreneurs who are planning to acquire this Visa in Dubai should have an existing project having capital worth AED 500,000. However, approval from an authorized business incubator will also make you eligible to apply to Golden Visa Dubai.
- Chief Executives: Individuals applying in this category should hold a bachelor’s degree and have experience of 5 years or more in this field. Moreover, he must earn a salary of at least AED 30,000 or more in the UAE.
- Families: Family members of UAE Golden Visa holders are also eligible to acquire this visa
Application procedure to get the Golden Visa UAE through GDRFA
If you are wondering how to apply for a UAE Golden Visa, then you can refer to the steps explained in this section so that users do not find it difficult to apply for this visa. The procedure explained below will be applicable if you apply for it through the GDRFA website:
- Open the official website of GDRFA via https://www.gdrfad.gov.ae/en
- Navigate to the “Services” section and then expand the “Residency Services” menu
- From there, choose the “Golden Residency” option
- Now, you can choose the preferred category to begin the application procedure
- For example, you can choose “Investor Residency Visa”
- Click on the “Start Service” button to proceed and then log in
- Fill out all the information asked in the application form in the correct way
- Submit the necessary documents that you are asked to
- Following this, you need to pay the required service charge
- After reviewing your application, you will notified about the further steps
How to apply for a UAE Golden Visa “Offline?”
If you wish to apply for the Golden Visa Dubai through an offline mode, you are supposed to visit a licensed typing center in your area. Here, the professional in this field will be able to type the required information and upload the necessary documents on the GDRFA website.
Make sure that you visit this center with all the necessary documents and details and be ready to pay the service charge as well which is AED 650 and AED 1,150 (approx.) for 5 and 10 years of golden residency respectively.
Benefits of Acquiring a Golden Visa Dubai
Following is the list of advantages a Golden Visa owner will have:
- Live, study, and work in UAE
- Conduct a business in any of its regions
- Get complete ownership of your business
- Sponsor your family members including spouses and children
Final thoughts:
After going through such a detailed guide, I hope all your queries regarding Golden Visa Dubai have been answered. If you have any more queries or you cannot find what you were looking for here, we recommend you navigate to the official website of DGRFA or try to get in touch with their support executives.