UAE Golden Visa for Investor: Eligibility, Application Process, and Required Documentation

In 2019, the UAE government introduced an exciting immigration program known as the Golden Visa. Despite its flashy name, this visa is designed to entice wealthy individuals from abroad.

The Dubai Golden Visa is highly appealing because it offers a 10-year residency option in the UAE. Additionally, it grants the freedom to live, work, and study in the UAE without the need for a local sponsor. You can also own 100% of your business, and it allows multiple entries into the UAE. Astonishingly, since its launch, over 44,000 Dubai residents have already obtained the coveted Golden Visa.

With all the interest in the UAE Golden Visa, many people have questions. How do you apply? Who qualifies for it? What are the perks, prerequisites, and expenses associated with it? We’ve got all the answers you need right here.

Who Can Get the UAE Golden Visa?

The UAE government has specific criteria for eligibility when it comes to applying for the Dubai Golden Visa. Here’s a breakdown of who can qualify:

1. Investors, business owners, and entrepreneurs.
2. Highly educated individuals, including Ph.D. holders.
3. Individuals with exceptional talents or researchers in fields of science and knowledge.
4. Students who show promise in their chosen field of study.

What Documents Do Investors Need for the 10-Year Golden Visa?

Investors applying for the Dubai Golden Visa will need specific documents based on their type of investment.

For those with a commercial or industrial trade license, here’s the list of required documents:

1. Emirates ID copy
2. Original passport
3. Medical insurance
4. Personal photo with a white background
5. Proof of an individual investment in trade license(s) of at least AED 2 million or more
6. Complete audit reports for the past two years
7. Copy of the trade license from the auditing company
8. Auditor’s certificate
9. Personal bank statement for the last 6 months
10. Company’s bank statement for the last 6 months
11. VAT return certificates for the previous two years
12. Letter or NOC (No Objection Certificate) issued by the free zone if the company operates within a free zone.

Bank Investment

To obtain a 10-year UAE Golden Visa through bank investments, investors will need the following documents:

1. Copy of Emirates ID
2. Original passport
3. Personal photo with a white background
4. Copy of medical insurance
5. Letter from the bank confirming a minimum investment of AED 2 million (as a safe deposit, refundable after 2 years)
6. Personal bank statements for the last 6 months

Federal Tax Authority Letter

Obtaining a Dubai Golden Visa through the Federal Tax Authority requires specific documents:

1. Copy of Emirates ID
2. Original passport
3. Personal photo with a white background
4. Copy of medical insurance
5. Letter from the Federal Tax Authority confirming ownership in a company that pays AED 250,000 or more annually in taxes
6. Personal bank statements for the last 6 months

5-year Golden Visa for Investors in UAE

Investors looking for a 5-year Golden Visa in the UAE can achieve this by investing in real estate. Here are the requirements:

Real Estate Investment:

• Invest in property with a minimum gross value of AED 2 million.
• Ensure that the invested funds are not obtained through loans.
• Maintain the property for at least 3 years.

Steps to apply for golden visa in UAE?

Here are the straightforward steps to apply for a Golden Visa in the UAE:

1. Determine the category you want to apply for.
2. Gather all the necessary government documents.
3. Submit your documents at an Amer Center to simplify the process.
4. Pay the required fees.
5. Wait for approval, which typically takes 72 hours to a maximum of two weeks.
6. Cancel your current residence visa if applicable.
7. Submit your Golden Visa application.
8. Once approved, get the UAE Golden Visa stamped in your passport.

Get Ready to Secure Your Finances Now!

If you’re planning to apply for the UAE Golden Visa for Investor, it’s time to organize your paperwork. Specifically, investors with commercial or industrial trade licenses should start gathering detailed business reports.

For crucial documents like the Audit Report and VAT Return Certificate, consider seeking assistance from our expert financial advisors at Spider Business Consultancy. To streamline your financial preparations, you can reach us at +971557012754 or send your inquiries to info@spiderbc.com.