offcialy.. The golden visa in the UAE and the categories in which you obtain it
The golden visa in the UAE and the categories under which it can be obtained, Some citizens wonder if the Golden Visa is still desirable as the UAE widens the list of persons eligible to apply.
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The response depends on the individual's requirement for a long-term resident visa and the circumstances surrounding his or her stay in the UAE.
Here's all you need to know about the UAE Golden Visa to help you decide whether it's the right option for you.
What is a UAE Golden Visa?
The UAE Golden Visa enables international nationals to live, work, or study in the UAE without the need for a local sponsor.
What makes it unique?
In contrast to a conventional resident visa, the UAE Golden Visa is provided without the assistance of a local sponsor, such as an employment. It is also renewable and valid for ten years. The visa will remain valid even if the holder spends more than six months outside the UAE, but a standard residence visa will become void if the holder spends more than six months outside the nation.
Are there more benefits for visa holders?
Golden Visa holders can sponsor an unlimited number of household employees and family members, regardless of age. In the case that the original visa holder dies, the original visa holder's family members are also allowed to stay in the UAE until the end of their permit validity.
Who can apply for UAE Golden Visa?
Applicants for the UAE Golden Visa include investors, entrepreneurs, remarkable talents, scientists and professionals, excellent students and graduates, humanitarian pioneers, and frontline heroes.
How much is a UAE Golden Visa?
For individuals who are already in the UAE, the cost of the 10-year visa ranges between Dh3,800 and Dh4,800. The actual fee is determined by the applicant's application category. The applicant will also have to pay Dh1,000 for a medical exam and a processing fee for an Emirates ID. They would also need to obtain UAE health insurance, which starts at Dh800 and varies in price.
How do you apply for a UAE Golden Visa?
Applicants in Dubai can register using the General Directorate of Residency and Foreigners Affairs (GDRFA) app, website, or any authorized typing center. Applicants from other emirates can apply through the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICA) or a typing center certified by the ICA.
Documents Required for a Golden Visa Application
- Passport photocopy
- Visa photocopy
- A copy of your Emirates ID
- A passport-sized photograph
- Lease agreement
- IBAN code
- Health insurance card
- A certificate of medical fitness
- Supporting documentation (job contract, salary certificate, bank statement, diploma copy, and so on).
Can employees apply for a Golden Visa to the UAE?
As long as you match the income requirements, you can apply for a Golden Visa if you are a competent professional with a valid job contract in the UAE.
Skilled professionals seeking a UAE Golden Visa must have a bachelor's degree and a monthly salary of at least Dh30,00. When applying for a visa, you must also provide proof of health insurance. If you are seeking for a Golden Visa as an executive director, you must earn at least Dh50,000 per year.
Can you still apply for a Golden Visa if you don't match the wage requirement?
Yes. Here are 16 questions to see if you fit into any of the other groups.
Scientists in the UAE can apply for a Golden Visa
Scientists and researchers with outstanding achievements and influence in their fields, as recommended by the Emirates Scientists Council, are eligible for the UAE Golden Visa. The candidate should have a PhD or master's degree in engineering, technology, biological sciences, or natural sciences from one of the world's top universities, as well as significant research accomplishments.
Professionals in the UAE can apply for a Golden Visa
Highly skilled employees with educational degrees and professional experience in many areas, including medicine, sciences and engineering, computer technology, business and administration, education, law, culture, and social sciences, are also eligible for the UAE Golden Visa.
The applicants must have a valid employment contract in the UAE and be classified in the first or second occupational level according to the Ministry of Human Resources and Emiratization classification, which is aligned with the International Labour Organization's International Standard of Classification of Occupations ISCO.
A bachelor's degree or its equivalent is required, and the monthly remuneration should not be less than Dh30,000.
UAE Golden Visa for remarkable individuals
This home is reserved for exceptional performers in critical fields. It is given only on the basis of skill, independent of educational background, employment situation, monthly wage, or professional level. It necessitates the endorsement or permission of a federal or local government organization, and it includes talented individuals in culture, art, sports, digital technology, inventors and innovators, and other critical disciplines.
Real estate investors in the UAE can apply for a Golden Visa
Real estate investors can obtain a Golden Visa if they purchase a property worth at least Dh2 million. When purchasing a property with a loan from a certain local bank, investors are also eligible for the Golden Residence. Investors can also receive a Golden Visa if they purchase one or more off-plan properties from recognized local real estate companies for at least Dh2 million.
Entrepreneurs in the UAE can apply for a Golden Visa
The Golden Visa is available to entrepreneurs. An entrepreneur must own or be a partner in a startup that is registered in the country as a small and medium firm (SMEs) and has annual revenues of at least Dh1 million.
Furthermore, getting clearance for a startup idea from an official business incubator, the Ministry of Economy, or the appropriate local authorities is enough to get the Golden Residence in this category.
The Golden Visa will be granted if the individual is a founder (one of the founders) of a previous entrepreneurial project(s) that was sold for a total of not less than Dh7 million. Projects or proposals must be approved by the Ministry of Economy or the appropriate municipal authorities.
UAE Golden Visa for exceptional students and graduates
This residence targets high-achieving students in UAE secondary schools, as well as outstanding graduates from UAE universities and the top 100 universities in the world, based on specific criteria such as academic performance (cumulative average), graduation year, and university classification.
