The United Arab Emirates has become a top-rated destination to work, travel and settle down. Many foreigners wish to live and work here because of its ever-growing economy. This increased demand has let the UAE Government take one of the most enticing measures, which is the introduction of The UAE Golden Visa. It has been effective since 2019, intending to provide long-term resident visas for individuals and keep talented people in the nation.
The UAE Golden Visa benefits its people, regardless of whether they want to move to Dubai, Abu Dhabi, or any other region of the Emirates. They can efficiently work, live and study without having to worry about the immigration process. From business people to investors to students to humanitarian trailblazers, all can now stay and operate in the UAE through this visa as long as they meet the eligibility criteria and qualify. We are here to resolve all your queries related to the UAE golden visa. Read further to know.
The UAE Golden Visa, introduced in 2019, is a ticket to enable people from worldwide to live, study and work in the UAE without the need for a local sponsor. Any foreigner who meets the requirement can apply for it and get a long-term resident permit. People like investors, business people, and students are the ones who most benefited from it.
UAE Golden Visa possesses specific value, and they all want to obtain it when people learn how precious it is. It was initially made available to professionals with advanced degrees and investors. But it has grown to encompass various occupations and experts in multiple fields. Read about the eligibility and requirements below.
The detailed requirements for investors are mentioned below:
The people who invest in properties have the following requirements:
A technical or future project with a capital of at least AED 500,000 is required for entrepreneurs to qualify for the Golden Visa. They can also receive approval from an incubator for startups in the United Arab Emirates to start a business there.
The Golden Visa is also available to exceptional students with promising scientific abilities. To qualify for the UAE Golden Visa,
A doctor must possess a letter of permission from the nation’s Ministry of Health to practice medicine.
Every scholar must possess a letter of recommendation confirming that they receive the Academic Excellence Medal from the Emirates Council of Scientists or the Secretariat of the Sheikh Mohammed bin Rashid Al Maktoum Award for Academic Excellence.
They require a letter of approval from the department of culture and the arts in the concerned emirate.
The executive directors must have
Majors like artificial intelligence, big data, computer engineering, electronics, genetics, and biotechnology keep a special place in society. There are special requirements for the ones who have them.
Golden visas essentially provide long-term residency, which is a significant advantage for those who regard the UAE as their final destination. This is why it has attracted the interest of many expats with aspirations to get permanent residency in the UAE. Many golden visa UAE benefits that can be gained by it are mentioned below.
The application process entirely depends on the category and whether you meet the eligibility criteria or not. Let’s watch the application process about the requirements people must meet for golden visas.
The first step that needs to be done is to register on the UAE’s Federal Authority for Identity and Citizenship website.
The next step is to apply for nomination. It will take 30 days for the request to be considered by the appropriate authorities. You will receive an email about the outcome.
Once you receive an email about the confirmation of your nomination, you need to upload the required paperwork on the link provided in the mail.
After uploading the files, you will be able to get your visa once the ICA approves your application.
A temporary one-month visa will be issued to people who are already residing in the UAE. This is because they will need to change their quick access into the residency period, and they only have this period.
If there is still any query left, continue reading to resolve them. Here are some of the frequently asked questions related to the gold visa UAE.
The application process for the golden visa in UAE is different from that of a regular resident visa.
Usually, a person requires a work permit or a business license for anyone who wants to work in the UAE. But with a golden visa, you can be granted a work license by the government.
You can apply for the golden visa even though you are currently outside of the UAE. However, you must first fill out an online application and submit payment for a multi-entry visa. After that, you can settle in the UAE.
The type of service and visa category have a big impact on how much the UAE Golden Visa costs. The Golden Visa UAE price for those submitting applications from the UAE ranges from AED 2,800 to AED 3,800.
Dubai Islands
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Ghaf Woods
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Damac Hills