Golden Visa in UAE: A Complete Overview
The United Arab Emirates (UAE) is a vibrant, dynamic country that attracts talents, investors, entrepreneurs, and others from around the world. One of the key attractions is the UAE’s unique long-term residence visa, known as the “Golden Visa.” This visa offers a host of exclusive benefits, including the ability to live, work, or study in the UAE without the need for a sponsor.
What is the UAE’s Golden Visa?
The UAE’s Golden Visa is a long-term residence visa that provides a range of benefits. These include:
- An entry visa for six months with multiple entries to proceed with residence issuance.
- A long-term, renewable residence visa is valid for 5 or 10 years.
- The ability to stay outside the UAE for more than the usual period of six months 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 an 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.
Golden Visa Requirements
The requirements for the Golden Visa depend on the type of residence, whether investor, talent, entrepreneur, etc. These requirements can be complex and vary depending on the specific category of the visa.
Investors in Public Investments
Investors in public investments can be granted a Golden Visa for a period of 10 years without a sponsor, subject to certain conditions. These include a deposit of AED two million in an investment fund accredited in the UAE, a valid commercial or industrial license, and a letter from the Federal Tax Authority stating that the investor pays the government no less than AED 250,000 annually.
Real Estate Investors
Real estate investors who own a property or a group of properties whose value is not less than 2 million dirhams may be granted a Golden Visa for a period of 5 years, renewable on the same conditions and without a sponsor.
Entrepreneurs who own an economic project of a technical or future nature based on risk & innovation may get a Golden Visa for a period of 5 years, subject to certain conditions.
Outstanding Specialised Talents
Outstanding specialized talents, including 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, may get a Golden Visa for 10 years after meeting the requirements mentioned below for each category.
Outstanding students, both high school and university level, may be granted a Golden Visa for 5 or 10 years without a sponsor, subject to certain conditions.
Pioneers of Humanitarian Work
Pioneers of humanitarian work may get a Golden Visa for 10 years, subject to certain conditions.
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.
The ‘One Touch’ Golden Visa Service
The ‘One Touch’ Golden Visa Service
The ‘One Touch’ Golden Visa service is a comprehensive service designed to simplify the application and the renewal process for a Golden residence visa.
How BizDaddy Can Assist You?
While the benefits of the Golden Visa are clear, navigating the application process can be challenging due to each category’s specific requirements and conditions. This is where BizDaddy comes in. As a leading business consultancy in the UAE, BizDaddy provides comprehensive services to assist you in preparing the necessary documents and processing your Golden Visa application.
Our team of experienced professionals understands the intricacies of the UAE’s immigration system and can provide you with personalized advice and guidance. We can assist you in determining your eligibility for the Golden Visa, preparing the necessary documentation, and guiding you through the application process. We also provide services for residency visa applications.
At BizDaddy, we are committed to providing our clients with the best possible service. We understand that every client’s situation is unique, and we tailor our services to meet your specific needs. Whether you are an investor, an entrepreneur, a scientist, or a student, we can provide you with the support and guidance you need to successfully obtain your Golden Visa.
Contact us today to learn more about our Golden Visa and residency visa services, and let us help you unlock your future in the UAE.
The UAE Golden Visa is a unique opportunity for foreign talents, investors, entrepreneurs, and others to enjoy long-term residence in the UAE. It offers a host of benefits and privileges, making the UAE an attractive destination for those seeking to live, work, or study in a vibrant and dynamic environment.
However, the application process requires careful attention to detail and a thorough understanding of the requirements and conditions. With the assistance of BizDaddy, you can navigate this process with confidence and ease. Let us help you unlock your future in the UAE.