How to Apply for a Golden Visa in UAE?

The Golden Visa in the UAE allows permanent residency for people who are eligible to apply for it. Since the UAE has become an attraction for investors, businessmen, and talents from all over the world, a solution was needed to ensure these people can permanently live and work here. This is where the golden visa comes in to further boost the UAE’s reputation as one of the most ideal places in the world for business and investment.

The golden visa in UAE allows up to 10 years of residency after which it can be easily renewed. Additionally, it has another 5 years variant for those who do not have long-term plans for 10 years. Furthermore, 7 categories of people are eligible for this visa. This means that you do not necessarily have to be a businessman or an investor to be able to apply for a golden visa in the UAE.

What is a UAE Golden Visa?

A UAE Golden Visa is a special long-term residence permit awarded to foreign investors, entrepreneurs, scientists, skilled professionals, and individuals with exceptional talents. It provides numerous advantages, such as unrestricted living, working, and studying opportunities in the UAE.

golden visa uae
Golden Visa in Dubai

Golden Visa UAE Application

Who is Eligible for the UAE Golden Visa?

Before you can apply for a uae golden visa, you have to meet the criteria for at least one of these seven categories. If you meet the criteria for multiple of these categories, then you can apply to anyone of them to receive your license. Here are the people who can apply for the golden visa in UAE:

Entrepreneurs and business owners can obtain the golden visa in UAE if they meet at least one of these requirements:

  • Partner or own a start-up that is registered as a small and medium enterprise (SME) in the UAE and generates annual revenue of at least AED 1 million through that company.
  • Obtain approval for a start-up idea from an official business incubator, the Ministry of Economy, or any other competent local authorities like the free zone authorities.
  • Sell an entrepreneurial project for at least AED 7 million.

Real Estate investors can apply for the golden visa after they have fulfilled one of these requirements:

  • Purchase of property worth at least AED 2 million
  • Purchase of a property with a loan taken from specific local banks in the UAE
  • Purchase of one or more off-plan properties worth at least 2 million from approved real estate companies in the UAE.

With a recommendation or approval from a federal or local government entity, exceptional talents can obtain a golden visa as well. They have to be inventors, talents, and innovators in vital fields including culture, sports, digital technology, and arts. Educational qualifications, monthly salary, professional qualifications, or employment status are not required for this criteria.

Scientists and researchers with high influence or distinguished achievement in their field can apply for the golden visa with a recommendation from the Emirates Scientists Council. Professional or skilled workers with the required educational and professional qualifications and experience can also apply for the golden visa. They need to have:

  • A valid employment contract in the UAE.
  • A bachelor’s degree or equivalent qualification.
  • A monthly salary of at least AED 30,000.
  • First or second occupational level as per the classification of the Ministry of Human Resources and Emiratization.

Distinguished humanitarian pioneers who are recognized by various organizations and the media can also apply for a golden visa. Here are the people who are eligible for this category:

  • Distinguished members of recognized international and regional organizations.
  • Outstanding members of associations of public benefits.
  • Recipients of recognition awards in humanitarian fields.
  • Distinguished volunteers and sponsors of humanitarian efforts.

frontline heroes including workers who have shown extraordinary efforts during crisis situations including the COVID-19 pandemic are eligible for the golden visa in UAE. Additionally, all doctors and nurses licensed by the UAE health regulatory bodies can apply for the Golden Visa.

Students and graduates with outstanding performance in their studies can apply for a golden visa in UAE. They have to form one of the universities in the UAE or among the best 100 universities in the world. Academic performance, university classification, and year of graduation will be taken into consideration.

Steps to get Golden Visa

Benefits of the Golden Visa in UAE

Besides the benefit of long-term residency, there are many benefits of obtaining a golden visa in the UAE. Here are the benefits of obtaining a golden visa in the UAE:
  • You can sponsor the visas of your close family members like spouses, parents, children, and domestic workers so that they can move to the UAE and live with you.
  • You will receive an entry visa which will be valid for six months so that you can complete the golden visa application process.
  • The entry visa will allow you to enter the UAE multiple time, so you gain a lot of flexibility.
  • You can stay outside of the UAE for more than six months and your residency visa will still remain valid.
  • You will receive a long-term residency visa and will no longer need a sponsored employment visa.
  • If you are starting a business, then you can sponsor a specific number of visas for your employees depending on the size of your business.

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What are Criteria for the Golden Visa in UAE?

As we have mentioned before, there are a few categories of people who can apply for the UAE Golden Visa. And there are the 5 years golden visa and the 10 years golden visa. The requirements for the 5 years golden visa are exactly half of the requirements for the 10 years golden visa. For example, an investor needs to invest 10 million AED in the UAE for the 10 years visa and 5 million AED for the 5 years visa.

Criteria to Get Golden Visa UAE for Foreign Investors:

  • As an investor, you must have an investment of at least AED 10 million in the form of public investment.
  • The investment must be either in a company or in an investment fund.
  • A minimum of 60% of the investment cannot be in the form of property or land.
  • The invested amount should not be loaned or borrowed in any way.
  • You need to provide adequate proof about the investment when it comes to ownership of the asset.
  • The investment should be retainable for at least three years.
  • As an investor, you and your family members must have health insurance and the necessary health insurance documents.
  • If you own a business with several partners as an investor, then each of the partners must have an investment of at least AED 10 million as well. The golden visa can be inclusive of the investor’s family members, one executive director, and one advisor of the investor.

Read More: how to get a freelance visa in Dubai

Criteria to Get UAE Golden Visa for Entrepreneurs:

  • As an entrepreneur, you must have a business or company with a minimum capital of AED 500,000.
  • The business or company must be an officially recognized business or start-up in the country. To be officially recognized it must have a DED-approved business trade license.
  • As the entrepreneur, you and all your family members must have health insurance and health insurance documents.
  • The golden visa will include your family members, one business partner, and up to three executives.

Criteria to Get Golden Visa UAE for students

  • The student or highly skilled professional can also apply if they hold an award or certificate in their area of expertise.
  • The golden visa can be obtained by any scientist who has made a significant contribution in their area of study.
  • Any medical professional with 20 years of experience in their particular field can apply for the license.
  • High school students with a minimum grade of 95 percent can apply for a golden visa.
  • University students with a minimum GPA of 3.75 or higher are also eligible for the golden visa.

Criteria to Get Golden Visa UAE for Chief Executives:

  • As a chief executive, you must have a bachelor’s degree.
  • The chief executive must have at least fives year or more experience in the field.
  • As the chief executive, you must earn at least AED 30,000 or more with a legal job contract in the UAE.
  • The chief executive and all his/her family members must have health insurance and health insurance documents.

Looking for golden visa uae? Spider Business consultancy specializes in guiding individuals through the intricate process of securing the prestigious Golden Visa, offering expert advice and assistance every step of the way. Whether you’re a high-net-worth investor, an accomplished entrepreneur, or a skilled professional, we provide tailored solutions to match your specific eligibility criteria. With our comprehensive understanding of UAE immigration laws and regulations, we ensure a smooth and efficient application process, empowering you to seize the abundant opportunities that come with a decade-long residency in one of the world’s most dynamic and vibrant hubs. Contact us today to embark on your journey towards Golden Visa success.

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    Frequently Asked About UAE Golden Visa

    To apply for golden visa uae, here’s a straightforward guide on how to get started:

    Step 1: Check Your Eligibility

    • Begin by determining if you are eligible for a Golden Visa. The UAE offers various categories for these long-term visas, so you need to find out which one suits your situation.
    • Abu Dhabi Residents Office (ADRO) has an online tool with 17 questions to help you assess your eligibility. Even if you plan to apply from another Emirate, this tool is a good starting point to understand your eligibility.

    Step 2: Prepare Your Documents and Recommendations

    • Once you’ve identified the Golden Visa category you’re eligible for, the next step is to gather the necessary documents.
    • Some categories may require recommendations from relevant government departments. For example, if you’re applying as a ‘creative professional,’ you may need a recommendation from the Ministry of Culture and Youth or Dubai Culture if you’re applying in Dubai.
    • To obtain a list of required documents for your category, you can contact the Amer service in Dubai at 800 5111. Amer centers handle visa applications for the General Directorate of Residency and Foreigners Affairs in Dubai.

    Step 3: Initiate Your Application

    • After ensuring you meet the criteria for your chosen Golden Visa category, you can start the application process.
    • You can apply online or visit an Amer center in Dubai or an ICP customer happiness center.

    Online Application (Dubai):

    1. Visit the GDRFA (General Directorate of Residency and Foreigners Affairs) website for Dubai’s online Golden Visa application service.
    2. Select your specific Golden Visa category.
    3. Log in using your GDRFA account or UAE Pass.
    4. Fill out the application form, providing details such as your current residency information, residence visa number, UID number, registered tenancy contract, and International Bank Account (IBAN) number.
    5. Attach the required documents, including passport copies, Emirates ID copies, and documents proving your eligibility for the chosen Golden Visa category.
    6. Make the necessary payment for application fees.
    7. If any documents are missing, you will receive an SMS notification. Ensure that you attach the required documents within 30 days to avoid application cancellation.
    8. If your application is approved, you will be notified via SMS and email.

    Amer Center Application (Dubai):

    1. Visit an Amer Center service branch.
    2. Select the relevant service at the reception.
    3. Submit the required documents to the service employee.
    4. Pay the applicable fees.
    5. Similar to the online application, you will receive an SMS notification if any documents are missing or if additional information is needed.
    6. Approval notifications will be sent via SMS and email.

    Step 4: Complete a Medical Fitness Test

    • After approval by the immigration authority, you must undergo a medical fitness test.

    Step 5: Apply for Your Emirates ID

    • Apply for your Emirates ID by visiting an ICP customer happiness center. Locate a center near you by using this link: ICP Customer Happiness Centers.

    The Golden Visa provides long-term residency for 10 years to individuals meeting specific criteria: those earning a monthly salary exceeding AED 30,000, making investments of AED 2 million or more, or owning off-plan properties valued at AED 2 million and above.

    Here’s a simple guide to check the status of your Golden Visa application:

    Step 1: Go to the website https://u.ae/en/information-and-services/visa-and-emirates-id/track-visa-application-and-validity.

    Step 2: Click on ‘Track Your Application Status’.

    Step 3: Enter your ‘Request Number’.

    To apply for a Golden Visa, you’ll need several documents:

    1. Personal Identification Documents:
      • A copy of your passport, visa, and Emirates ID.
      • A passport-sized photograph.
    2. Residence Proof:
      • Your tenancy contract, showing your place of residence in the UAE.
    3. Bank Information:
      • Your IBAN number, which is your bank account information.
    4. Health and Medical Documents:
      • Your medical insurance card.
      • A medical fitness certificate.
    5. Category-Specific Documents:
      • Depending on the category you’re applying for, you may need additional documents like a labor card and contract, recommendation letters from relevant government departments, and educational qualifications. These requirements vary based on the specific Golden Visa category you’re pursuing.

    Individuals eligible for the UAE Golden Visa include foreign investors, entrepreneurs, and individuals of exceptional talent who fulfill specific criteria. Eligibility requirements entail investing a minimum of AED 10 million in a business, purchasing property valued at least AED 5 million, or securing a job contract with a guaranteed monthly salary of at least AED 30,000.

    The government of the UAE has set some requirements that you need to meet in order to apply for the golden visa as an investor. There are two categories of the golden visa, and each has different requirements that you need to meet as an investor in the UAE.

    There is the 5 years visa and the 10 years visa. If you meet the requirements for the 10 years visa, then you will meet the requirements for the 5 years visa as well. However, if you can apply for the 10 years visa, then you have no reason to go for the 5 years visa other than financial obligations.

    Requirements for the 5 Years Golden Visa:

    • You must have public investments worth at least AED 5 million in the UAE.
    • You may have a deposit in an investment fund worth at least AED 5 million in the UAE.
    • You may have a company with a capital of at least AED 5 million in the UAE.
    • You may partner or own shares of a value of at least AED 5 million in the UAE.
    • You can have a combination of any of the above totals to at least AED 5 million inside the country.
    • The investment, capital, and/or property must be retainable for at least 3 years.
    • The amount invested in the UAE must not be on a loan basis.

    Requirements for the 10 Years Golden Visa:

    • You must have public investments worth at least AED 10 million in the UAE.
    • You may have a deposit in an investment fund worth at least AED 10 million in the UAE.
    • You may have a company with a capital of at least AED 10 million in the UAE.
    • You may partner or own shares of a value of at least AED 10 million in the UAE.
    • You can have a combination of any of the above totals to at least AED 10 million inside the country.
    • The investment, capital, and/or property must be retainable for at least 3 years.
    • The amount invested in the UAE must not be on a loan basis.

    If you meet the requirements for the golden visa, then your spouse, children, one executive director, and one advisor can apply for the golden visa with you as well.

    If you want golden visa services Dubai ? Our consultants will simplify the procedures allowing you to attain the UAE Golden Visa at your convenience. Follow the steps mentioned below or book a consultation with us at +971 (0) 582595164.

    If you meet the requirements for applying for the uae golden visa then you can easily obtain the UAE golden visa in three easy steps. Here is all you need to know.

    • Find out if you are eligible
    • Get your Documents/Recommendations Ready
    • Start your application(If you are applying for the visa in Dubai, GDRFA allows applicants to use their online service to start the process).
    • Get your medical fitness test completed
    • Apply for your Emirates ID
    • Receive your UAE Golden Visa

    The cost of a UAE Golden Visa varies by visa category, with the following general prices:

    • Real estate investor visa: AED 2 million
    • Public investor visa: AED 5 million
    • Entrepreneur and startup owner visa: AED 500,000
    • Exceptional talents visa: AED 500,000
    • Scientists visa: AED 500,000
    • Skilled professionals visa: AED 250,000
    • Student visa: AED 100,000
    • Humanitarian pioneers visa: AED 100,000
    • Doctors and nurses visa: AED 100,000
    • Exceptional coders visa: AED 100,000

    The UAE Golden Visa is for people with a high net worth or highly talented and skilled people. It is for the people who will be a great addition to the economy of the UAE. In return, it offers long-term residency and a stable future in one of the most developed countries in the world. It is for investors, researchers, highly skilled knowledgeable people, and talented students. Since the government wants to retain these groups of people in the country. They are providing great benefits to the UAE golden visa holders who want to reside in the UAE permanently.

    There are no age limitations for the Golden Visa in the UAE. Applicants can apply for any category of the Golden Visa provided they fulfill the required eligibility criteria.

    The UAE’s Golden Visa offers significant advantages, providing foreign talents with the opportunity to reside, work, or study in the UAE while accessing exclusive benefits. These benefits encompass a six-month entry visa with multiple entries for residence issuance, as well as the provision of a renewable residence visa valid for 5 or 10 years.

    The cost of the UAE Golden Visa varies depending on the applicant’s location. For individuals already residing in the UAE, the Golden Visa typically ranges between AED 2,800 and AED 7,800. For those living outside the UAE, the cost is generally between AED 3,800 and AED 7,800.

    Yes, if you have a Golden Visa in the UAE, you can now sponsor your parents to live in the country for up to 10 years. This change was made by the UAE Government to make the Golden Visa program more accessible.

    The Golden Visa offers long-term residency in the UAE, providing foreign talents with opportunities to live, work, or study while enjoying exclusive privileges. Eligible individuals include investors, entrepreneurs, scientists, exceptional students and graduates, humanitarian leaders, and frontline heroes. Explore the requirements and advantages of the Golden Visa, and access digital services for application.

    The UAE’s ‘Golden visa’ is a long-term residence permit enabling foreign talents to reside, work, or study in the UAE with exclusive benefits:

    • Initial six-month entry visa with multiple entries for residency issuance
    • Renewable residence visa valid for 5 or 10 years
    • Independent of a sponsor requirement
    • Extended stay allowance beyond the typical six-month period outside the UAE to maintain visa validity
    • Sponsorship eligibility for family members, including spouses and children of any age
    • Ability to sponsor an unlimited number of domestic helpers
    • Family members’ right to remain in the UAE until the visa’s expiration in case of the primary holder’s demise.