How To Get the Golden Visa in UAE – If you are considering emigrating to Dubai, or if you have a friend who was looking to emigrate to Dubai, then you have probably seen the numerous ads posted by Real Estate Agents/Investment Companies promising quick and easy citizenship by investment. But before you respond, let’s examine 3 ways of obtaining a visa in UAE.
Golden visa in the United Arab Emirates is something you should consider if you are aiming for a long-term stay in UAE, you could turn it into a nice retirement home. However, there is much to learn before deciding what route to take so we are going to help you get started, step by step. We will base our discussion today on – How To Get Golden Visa In Uae Quora. But, other resources which you can find on our website include some frequently asked questions such as: how to get golden visa of uae and how to apply for dubai golden visa
Would you like to live , study or work in UAE? If yes, you should apply for golden visa. You do this by investing in a real estate property over 1 million AED.
Launched in 2014, the U.A.E. Golden Visa, also known as the Emirates Visa, is an investment visa that enables non-U.A.E. investors to live in, work, study and travel in the U.A.E.. In 2017, over 2,300 foreign investors purchased an Emarites Visa with a total of AED14.3 billion invested into the country’s economy from 17 nationalities with India leading in investment volume at AED1 billion
How To Get Golden Visa In Uae Quora
There are lots of people out there that want to obtain a residency in Europe, even though it’s notoriously difficult. But it is possible. And there are a number of different residence-by-investment programs currently available. In this article we look at one such offering from the United Arab Emirates (UAE).
The point of this is that people don’t need to know what you do and can get motivated by a personal story about how you got where you are now. The second point is that the same paragraph is used for everyone.
Golden visa
The Golden visa is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits. Investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian pioneers and frontline heroes are among those eligible for the Golden visa. Read about the requirements and benefits of the Golden visa and find digital services to apply for it.
What is the UAE’s Golden visa?
The UAE’s ‘Golden visa’ is a long-term residence visa which enables foreign talents to live, work or study in the UAE while enjoying exclusive benefits which include:
- an entry visa for six months with multiple entries to proceed with residence issuance
- a long-term, renewable residence visa valid for 5 or 10 years
- the privilege of not needing a sponsor
- the ability to stay outside the UAE for more than the usual period of six months in order to keep their residence visa valid
- the ability to sponsor their family members, including spouses and children regardless of their ages
- the ability to sponsor unlimited number of domestic helpers
- the permit for family members to stay in the UAE until the end of their permit duration, if the primary holder of the Golden visa passes away.
For queries regarding visas, please contact Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) or the UAE’s embassies and consulates.
For Dubai visas, contact the General Directorate of Residency and Foreigners Affairs – Dubai (GDRFAD).
Related links
- UAE Cabinet approves Executive Regulations of Federal Decree-Law on Entry and Residence of Foreigners – WAM
- Golden Residency – Federal Authority for Identity, Citizenship, Customs & Port Security
- Golden visa in Abu Dhabi and ‘Thrive in Abu Dhabi’ programme – TAMM
- Discover the golden visa and its categories – Abu Dhabi Residents Office
Golden visa requirements
Requirements for the Golden visa depend on the type of residence, whether investor, talent, entrepreneur, etc.
Investors in public investments
If you invest in an investment fund, you may be granted a Golden Visa for a period of 10 years without a sponsor, subject to the:
- submission of a letter from an investment fund accredited in the UAE stating that the investor has a deposit of AED two million, or
- submission of a valid commercial licence or industrial licence and a memorandum of association stating that the investor’s capital is not less than AED two million
- submission of a letter from Federal Tax Authority stating that the investor pays the government no less than AED 250,000 (two hundred and fifty thousand) annually. Additionally, you must:
- own the invested capital completely; it must not be a loan and
- provide proof of medical insurance for himself and his family (if any).
Real estate investors
If you own a property or a group of properties, you may be granted a Golden visa for a period of 5 years, renewable on the same conditions and without a sponsor subject to the:
- provision of a letter from the land department of the respective emirate stating that he owns one or more properties whose value is not less than 2 million dirhams
- purchase of a property with a loan from specific local banks approved by the competent local entity.
Entrepreneurs
If you are an entrepreneur, you may get a Golden visa for a period of 5 years, if you own an economic project of a technical or future nature based on risk & innovation. In addition, you must have an approval letter from each of the following:
- an auditor in the UAE stating that the project value is not less than 500,000 dirhams
- the authorities in the emirate stating that the project is of a technical or future nature
- an accredited business incubator in the UAE to establish the proposed activity in the country.
Outstanding specialised talents
Outstanding specialised talents include:
- doctors
- scientists
- creative people of culture and art
- inventors
- executives
- specialists in scientific fields
- athletes
- doctoral degree holders and
- specialists in the fields of engineering and science.
Subjects relating to engineering and science include:
- epidemiology and viruses
- artificial intelligence
- big data
- computer engineering
- electronic engineering
- software engineering
- electrical engineering
- genetics and biotechnology engineering.
If you have an outstanding specialised talent, you may get a Golden visa for 10 years after meeting the requirements mentioned below for each category:
Doctors and scientists
- an approval Letter from Ministry of Health and Prevention in the UAE to practice the profession of medicine (for doctors)
- a letter of recommendation from Emirates Council of Scientists or a letter from Secretariat of the Mohammed bin Rashid Medal for Scientific Excellence stating that the applicant has been awarded the Medal of Scientific Excellence (for scientists).
Inventors
- a recommendation letter from Ministry of Economy stating that your patent has an added value to the country’s economy
Creative people in the fields of culture and art
- an approval letter from the department of culture and arts in the respective emirate.
Related services
- Apply for a creative talented accreditation (cultural visa) – Dubai Culture
- Get an endorsement certificate for creative people – Abu Dhabi Department of Culture and Tourism
- Get a recommendation letter for golden visa request – Ministry of Culture and Youth
Executive Directors
- a copy of a university degree accredited by Ministry of Education with educational attainment not less than a bachelor’s degree
- a letter of experience of no less than 5 years holding the same position
- a salary certificate with a salary of AED 50,000 at least
- a valid work contract.
Athletes
- a recommendation letter from General Sports Authority or one of the sports councils
Specialists in engineering and science
- a copy of a Bachelor’s or a Master’s degree certified by Ministry of Education and a work contract.
Outstanding Students
High school students
If you are a high school student and a national-level topper, (with a minimum grade of 95 per cent in public or private secondary school) you may be granted a Golden visa for 5 years without a sponsor, subject to submission of a recommendation letter from Ministry of Education (Emirates Schools Establishment).Duration of the Golden visa for students is 5 years and may be extended if he/she is enrolled in one of the majors/colleges in the country that requires a study period of more than five years.
University students
If you are an outstanding university student, you may be granted a Golden visa for a period of 10 years without a sponsor, provided that:
- the university must be rated either A or B class by Ministry of Education
- a recommendation letter from the university or an accredited graduation certificate or an accredited academic record stating that the student’s cumulative GPA is not less than 3.5 for A class universities and 3.8 for B class universities is submitted.
it has not been more than 2 years since you graduated.
Outstanding students of foreign universities may be granted a Golden visa for a period of 10 years without a sponsor, provided that:
- The university is rated among the best 100 universities global according to the rating system recognized by Ministry of Education
- The student’s cumulative GPA is not less than 3.5
- It has not been more than 2 years since you graduated
- Graduation certificate is accredited by the Ministry of Education
Pioneers of humanitarian work
If you are a pioneer of humanitarian work, you may get a Golden visa for 10 years. You must be one amongst the following categories to qualify as a pioneer of humanitarian work:
- members and outstanding employees who have worked for international and regional organisations for a minimum of five years
- members and outstanding employees who have worked for civil associations and institutions of public interest for a minimum of five years
- individuals who have received an appreciation award from a local, regional or international organisation that focuses on humanitarian work
- funders of humanitarian work provided that the value of the support does not fall below two million UAE dirhams or its equivalent.
Frontline heroes
Frontline heroes who displayed extraordinary effort in crises, such as the COVID-19 pandemic also may get the Golden visa with a recommendation from a competent authority. Frontline heroes include nurses, medical assistants, lab technicians, pharmacologists and other cadres approved by the Frontline Heroes Office.