Golden visa UAE

This article is completely for you if you are looking for the criteria of a golden visa UAE and want to get it. This page's step-by-step guide will teach you everything you need to know about a golden visa. After finishing this article, you will have a complete guide to share with others. The Golden Visa UAE, with its expanded categories and eligibility, is expected to strengthen the UAE's position as one of the world's leading hubs for global business and investment. 

What is the Golden Visa UAE?

The Golden Visa UAE is a long-term residency visa that allows foreign talent to live, work and study in the United Arab Emirates for a period of up to ten years. This golden UAE residency scheme is renewable and only available to a small group of people, ranging from investors to people with exceptional talents.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has announced that outstanding expatriate students and their families will be granted a 10-year residency Golden Visa in Dubai. They will also be given discounts to attend international university branches in Dubai to further their education.s

Who can apply for the golden visa?

More people can now apply for a golden visa in UAE thanks to recent changes to the UAE Residence and Entry Scheme. Hurrah!

Investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers, and frontline heroes can apply for this visa.

 More information on each category is available below:

1.  Investors

Do you own a home in the UAE? Real estate investors who purchase a property or off-plan deal worth at least Dhs2 million are eligible for the golden visa UAE.

2.  Golden visa UAE for outstanding students and graduates

Students who have achieved exceptional academic excellence in either UAE secondary schools or universities are also eligible to apply for the 10-year visa.

Furthermore, talented students and graduates from the world's top 100 universities are eligible to apply for the Golden Visa program.

3.  Entrepreneurs

Real estate entrepreneurs can apply for and obtain a golden-visa-UAE.  If one or more of the following three conditions are met:

• The applicant must be a partner or owner of a start-up company registered in the UAE as a small and medium enterprise (SME).
• The company must generate at least Dhs1 million in annual revenue and the entrepreneur must have founded an entrepreneurial project that was sold for more than Dhs7 million.
• The applicant has received startup approval from an official business incubator.

4.  Exceptional talents

People with exceptional talents such as inventors, innovators, and talents in vital fields such as culture, art, sports, and digital technology are eligible to apply for and receive a golden visa UAE.

5.  Scientists

If they receive a recommendation from scientists and researchers with significant achievements and influence in their field can apply for a golden visa UAE.

Potential golden visa candidates in this category should have a Ph.D. or a Master's Degree in engineering, technology, life sciences, or natural sciences from one of the world's top universities, as well as significant research achievements.

6.  Professionals

Professionals or highly skilled workers with advanced degrees and professional experience may also apply for the golden visa. This category includes many fields such as medicine, science and engineering, information technology, business and administration, education, law, culture, and social sciences.

7.  Humanitarian pioneers

The Humanitarian pioneers can apply for a golden visa UAE. Humanitarian pioneers are known as members of international or regional charitable organizations or members of public benefits associations.

Recipients of humanitarian and charitable awards are also eligible, as are volunteers who help with the humanitarian, crisis, and charitable efforts.

8.  Frontline heroes

Healthcare workers and other frontline workers helping in emergencies such as the COVID-19 pandemic may also apply for this visa.

Furthermore, If you are a student or worker and want to visit Dubai for a short period of time before obtaining a golden visa UAE, you can obtain a Dubai visa for multiple days to satisfy yourself..

What do I need to apply for a long-term residence visa in the UAE?

When applying for a UAE long-term residence visa, you must have several documents to support your application.

You will need the following documents when applying for an entry permit:

• Copy of your passport
• Passport-size pictures
• Six-month bank statement
•  Any additional documents relevant to your purpose:
• Company Trade License Copy
• Copy of Partnership Agreement (if applicable)
• A copy of the Memorandum of Association (for LLC)
• Accreditation from the relevant UAE authority (for specialized talents)

Please keep in mind that this is not a complete list of documents. The documents required range by case, and you may also need to obtain approval from UAE authorities before applying for the visa. Furthermore, due to the more sensitive nature of this visa, you may need to look for the help of an attorney or other authorized legal entity.

How to apply for Golden Visa UAE?

The requirements for the Golden Visa UAE vary depending on the category and eligibility. Please see the following section for more information on these requirements.

1.  Golden Visa UAE application on ICA

All interested individuals who wish to apply for the Golden Visa UAE may do so online through the ICA smart services platform. Candidates must submit the necessary documents and be willing to relocate to the UAE by their business venture to begin the process.

2.  Golden Visa UAE through GDRFA

Eligible applicants should apply for the Golden Visa through the GDRFA website by following the steps outlined below:

• Visit the GDRFA- Dubai website.
• Choose the required service.
• Complete the Visa application form.
• Attach the necessary documents and pay the applicable fees.
• Submit the Visa application

What are the benefits of Golden Visa UAE?

The following are some of the benefits:

• A six-month entry visa with multiple entries, followed by the issuance of residency permits
• A ten-year renewable long-term residence visa
• A self-sponsored visa
• The ability to leave the UAE for any length of time without having their visa canceled
• sponsoring members of their family, including spouses and children of any age
• Providing sponsorship for an unlimited number of domestic helpers
• If the primary holder of the Golden Visa dies, allow family members to stay in the UAE until the end of their permit's validity.

Golden Visa UAE price

The price is greatly affected by the service and visa category. For those applying from the United Arab Emirates, the Golden Visa will cost between AED 2,800 and AED 3,800. Applicants from outside the UAE will be charged AED 3,800 to AED 4,800.

In addition, the applicant must pay approximately Dh1, 000 for a medical examination and a processing fee for an Emirates ID. They will also need to purchase UAE health insurance, which starts at Dh800 and varies in price.

How long is this visa valid, and can it be renewed?

By now, we believe you are aware that the golden visa is valid for ten years. If the holder of the residence still satisfies the initial conditions of the visa, it may be renewed.

Final Thoughts

Obtaining a Golden Visa UAE allows an investor to live in the United Arab Emirates for up to ten years, So it is depending on the type you have applied for and your Eligibility in Dubai.

The advantages of the Dubai Golden Visa allow you to conduct your business activities smooth.