Golden Visa For Managers

The Portuguese Golden Visa is the most sought-after residence permit in all of Europe and it’s valid for four years with a work permit and permanent residency after three years. The Golden Visa Portugal offers, aside from the most friendly investment and residency terms, rich cultural heritage and the unique magic of Portugal’s Algarve region.

The Golden Visa Manager specifically designed for middle and senior level managers who are responsible for the growth and development of the company. At this level, the manager will be working with senior directors (CXOs) on a day to day basis as well as from time to time with the board of directors. We will base our discussion today on – Golden Visa For Managers. But, other resources which you can find on our website include some frequently asked questions such as: golden visa for managers dubai and golden visa for managers in uae

Golden Visa For Managers

The long-term residence visa allows residency for five(silver visa) or ten years(golden visa) instead of the standard two-year residence visa. In addition, the new system will enable foreigners to study, work and live in the UAE without requiring a national sponsor and 100% ownership of their business on the UAE’s mainland.

Categories

  • Investors
  • Outstanding students
  • Specialized talents and researchers

Eligibility for a Golden Visa (10-year)

The following categories are qualified to apply for a 10-year resident visa in the UAE.

1) Investors in public investments

The investment may take numerous forms, such as:

  • A deposit of not less than AED 10 million in an investment fund inside the country
  • Establishing an organization in the UAE with a capital of at the very least AED 10 million
  • Partnering in an existing or a new organization with a share value of at least AED10 million
  • Having a total investment of at the very least AED 10 million in all areas referenced, on condition that the investment in places other than real estate isn’t less than 60 percent of the total investment
Conditions

The following conditions must be met in order to get a visa:

  • First, the amount invested must not be loaned.
  • Second, the investment ought to be retained for at least three years.
  • Third, there ought to be financial solvency of up to AED 10 million.

Visa can incorporate business partners on the prerequisite that each partner contributes AED 10 million. The long-term visa can include the spouse and kids, just as one executive director and one advisor. Investors from abroad may apply for a multiple-entry grant for six months.

Main Requirements to apply for Investor Golden Visa:

  1. Audit Reports for last 2 years
  2. Last 6-month Bank Statements
  3. Real Estate License, If Applicable.

2) Persons with specialized talents

This category includes specialized talents and researchers in science and knowledge, such as scientists, doctors, specialists, inventors, and creative people in culture and art. In addition, the visa benefits extend to the spouse and children. All these categories must have a valid employment contract in a specialized field of priority in the UAE.

Conditions

Giving a visa is dependent on the following conditions:

  • Inventors must acquire a patent of value, which adds to the UAE’s economy. Therefore, the Ministry of Economy should affirm patents.
  • Exceptional abilities should be documented by patents or scientific research published in a world-class journal.
  • Emirates Scientists Council or holders of the Mohammed Bin Rashid Medal for Scientific Excellence must approve the Scientists.
  • The Ministry of Culture and Knowledge Development must accredit the creative people in art and culture.
  • Executives should be the proprietors of a leading and internationally recognized company or have high academic achievement and position.
Doctors and specialists should meet at least two of the following conditions:
  • A Ph. D. degree from one of the best 500 universities in the world
  • A certificate or an award of appreciation in the field of the applicant’s work
  • Contribution to significant scientific research in the respective field of work
  • Scientific books or published articles in distinguished publications in the respective field of work
  • Membership in an association related to the field
  • A Ph. D. degree, in addition to 10-year professional involvement in his field
  • Specialization in spaces of priority to the UAE.

Latest Updates on Golden Visa ( 10-Year)

  • UAE Golden Visa for Global CodersUAE Grants Golden Visas to 100000 Resident, Non-Resident Coders. Coders of all nationalities and age groups are qualified to apply for the UAE Golden Visa, including distinguished experts and talents who have achieved success in various coding areas.
  • UAE Golden Visa for High School GraduatesThe UAE government has announced that outstanding high school graduates and their families would be granted Golden Visas for ten years. The applicant must have received a minimum grade of 95% in high school.
  • UAE Golden Visa for DoctorsThe UAE has announced that doctors who hold a license from the UAE Health Department can apply for a 10-year golden visa. Between July 2021 and September 2022, all doctors licensed by the UAE health regulatory bodies can apply for the Golden Visa.
  • Humanitarian Aid WorkersCharity and humanitarian aid workers in the UAE are now eligible for the UAE Golden Visa.
  1. Doctors: Between July 2021 and September 2022, all doctors licensed by the UAE health regulatory bodies can apply for the Golden Visa.
  2. PhD degree holders: Professionals with a Ph.D. will be eligible for the Golden Visa under the law.
  3. Inventors: Inventors can apply for a golden visa in the UAE, but they must first get a patent of value, which adds to the UAE’s economy. The Ministry of Economy must approve patents.
  4. Artists: : Creative people in culture and art are eligible to apply for a Golden Visa. The Ministry of Culture and Knowledge Development must accredit cultural and artistic individuals. The Ministry of Culture and Knowledge Development must accredit cultural and artistic individuals.
  5. Investors: The golden Visa is available to foreign investors who have invested Dh10 million or more.
  6. Engineers: Engineers from different fields are also eligible for a 10-year visa. They are as follows.
    • Epidemiology and Virology
    • Artificial Intelligence
    • Big Data
    • Computer Engineering
    • Electrical Engineering
    • Software Engineering
    • Electronics Engineering
    • Genetic Engineering
    • Biotechnology Engineering
  7. Highly qualified individuals: Highly skilled persons with a GPA of 3.8 or higher from accredited universities are eligible for a 10-year visa in the UAE.
  8. Researchers/Scientists:This category contains scientists and researchers who are experts in their fields.
  9. Outstanding students: This includes,
    • Students with a minimum grade of 95% in public and private secondary schools
  10. Executive Directors:The Golden Visa is available to executive directors who have a certified degree from the university, a minimum salary of AED 50,000, and a minimum of 5 years of work experience
  11. Coders: UAE grants Golden Visas to 100000 Resident, Non-Resident Coders. Distinguished experts and talents who have achieved success in various coding areas; those who work for pioneering International Technological Companies; and graduates of
    • Software engineering
    • Hardware engineering
    • Electrical engineering
    • Computer engineering
    • Big data
    • Information technology
    • Artificial intelligence
    • Data science

How to apply for or nominate someone for a UAE Golden Visa using the ICA app

On the Federal Authority of Identity and Citizenship’s (ICA) app, residents who are eligible for the UAE’s long-term Golden Visa, or who feel their friends or relatives are, can apply.

Entrepreneurs, investors, specialized scholars, researchers, and students with promising scientific talents can apply for the 10-year visa.

To qualify for it, they must meet certain criteria.

The following is a step-by-step guide to using the ICA app’s nomination service:

> Get the ICA UAE Smart app

> Choose ‘Public Services’

> Choose ‘Nomination Application for Golden Service’

> Fill in the data

> Obtain the necessary documents and attach them

> Pay your fee.

When the service fee is automatically canceled

The service will cost Dh50 per applicant. Applications that are rejected due to inadequate information or documents are cancelled automatically after 30 days.

A confirmation will be sent to the applicant after submitting the required documents by SMS and email from the relevant authorities, which will confirm receipt of the application.

Long-Term Residency program for all doctors

According to the ICA, the UAE will grant Golden Visas to all resident doctors. Through the website smartservices.ica.gov.ae, doctors licensed by the UAE health regulatory bodies can apply for the Golden Visa between July 2021 and September 2022. Medical doctors licensed in Dubai may apply via smart.gdrfad.gov.ae. Before visas are issued to those who qualify, the government departments concerned will receive and review the applications.

Leave a Comment