The UAE golden visa has rapidly become one of the most coveted residency documents in the region. Essentially, it serves as your gateway to long-term residency in Dubai, and the application process is more accessible than many might assume. Initially launched to reward individuals who significantly contribute to the country, the program has expanded its eligibility criteria, allowing a broader range of applicants to qualify. As of 2023, the requirements have been relaxed further, including the removal of the minimum down payment for property investors. This makes it easier than ever to apply for this prestigious visa.

In this guide, we will delve into the intricacies of the golden visa, including eligibility criteria, application procedures, and the myriad benefits it offers. For those interested in further opportunities, we will also touch on how to obtain UAE citizenship.

What is a UAE Golden Visa?

A UAE golden visa grants its holder residency for a period ranging from five to ten years. Unlike traditional residency visas, this document is not linked to any specific employer and does not require renewal every few years. This flexibility provides a significant advantage for expatriates, enabling them to live, work, and study in the UAE without the need for a local sponsor. Moreover, golden visa holders enjoy the benefit of 100% ownership of their businesses on the UAE mainland.

Who Can Apply for the Golden Visa?

In 2022, the UAE introduced the Residence and Entry Scheme, broadening the categories of individuals who can apply for a golden visa. The following groups are eligible:

• Investors
• Entrepreneurs
• Exceptional talents
• Scientists and professionals
• Outstanding students and graduates
• Humanitarian pioneers
• Frontline heroes

Details on each category are outlined below:

1. Investors

If you own property in the UAE, you could be eligible for a golden visa by purchasing real estate worth at least Dhs2 million. This requirement applies regardless of whether the property is off-plan or mortgaged, and there is no minimum down payment necessary for application. Furthermore, investors may qualify through substantial public investments, such as deposits of a minimum of Dhs2 million in a company’s capital or contributions to the Federal Tax Authority with annual tax payments of Dhs250,000. Some banks, including Abu Dhabi Commercial Bank and RAKBank, also offer golden visas for clients who deposit Dhs2 million with them.

2. Entrepreneurs

Real estate entrepreneurs may apply for the golden visa if they meet one of the following criteria:

• Ownership or partnership in a start-up registered as a small and medium enterprise (SME) in the UAE with annual revenues of no less than Dhs1 million.
• Founding an entrepreneurial project sold for over Dhs7 million.
• Approval for a start-up from an accredited business incubator.

3. Exceptional Talents

Individuals with exceptional abilities in fields such as culture, art, sports, and digital technology can apply for the golden visa, regardless of their educational qualifications or employment status. A recommendation from a federal or local government entity is required for this category, making it accessible to a diverse range of talents including doctors, athletes, and artists.

4. Scientists

Scientists and researchers with significant achievements in their field can apply for a golden visa if recommended by the Emirates Scientists Council. Candidates should possess a PhD or Master’s Degree in engineering, technology, life sciences, or natural sciences from a globally recognized university. Additionally, business professionals classified as skilled labor at the first or second level by the Ministry of Human Resources and Emiratisation may also be eligible.

5. Professionals

Highly skilled professionals across various disciplines, including medicine, science, engineering, information technology, and law, are also eligible for the golden visa. Applicants must hold a minimum of a Bachelor’s Degree, have an employment contract in the UAE, and earn a monthly salary of at least Dhs30,000.

6. Outstanding Students and Graduates

This category includes high achievers from UAE secondary schools and universities, as well as top graduates from the world’s best 100 universities. Eligibility depends on academic performance, year of graduation, and university classification. Students from accredited UAE universities with a GPA of at least 3.8 or high school students with an average of 95% can apply. Their families may also be included in the visa application.

7. Humanitarian Pioneers

Candidates who have excelled in humanitarian work can qualify for the golden visa under several criteria, such as:

• Five years of service in international or regional organizations.
• Membership in a civil association or public interest institution for a minimum of five years.
• Recognition from a local or international humanitarian organization.
• Outstanding volunteer work with a minimum of 500 hours or five years of service.
• Funding humanitarian initiatives valued at Dhs2 million.

8. Frontline Heroes

Healthcare professionals and other frontline workers who contributed during extraordinary circumstances, such as the COVID-19 pandemic, may also apply for the UAE golden visa.

How Do I Apply for a UAE Golden Visa?

If you identify with one of the categories mentioned above, you may be eligible for the UAE golden visa. To determine your eligibility, you can use the UAE government’s online eligibility tool. Once you have confirmed your eligibility, proceed to the golden services section of the website to request a nomination.

What Benefits and Perks Come with the Golden Visa?

Beyond long-term residency, the UAE golden visa offers various unique benefits not available to standard residency visa holders. Key advantages include:

1. Extended Residency Rights

Golden visa holders can enjoy residency for up to ten years, while the standard residency visa requires renewal every two to three years.

2. Self-Sponsored Work or Stay

Golden visa holders can live, work, and study in the UAE without needing a local sponsor, allowing for greater freedom to work for themselves or any employer.

3. Ability to Sponsor Family and Unlimited Domestic Helpers

Golden visa holders can sponsor family members, including spouses and children, regardless of their age. In the event of the holder’s passing, family members can remain in the UAE until the visa’s natural conclusion. Additionally, there is no limit on the number of domestic helpers they can employ.

4. Extended Time Outside the UAE

Unlike standard residency visas, which become invalid after six months of absence, golden visa holders can spend extended periods outside the UAE without jeopardizing their residency status.

5. Exclusive Health-Care Packages

In July 2023, it was announced that golden visa holders would be eligible for exclusive health care and insurance packages starting just under Dhs2,400, covering claims of up to Dhs20 million.

6. Dubai Police Esaad Privilege Card

Golden visa holders can also obtain the Esaad privilege card, which offers discounts across numerous sectors, including education, healthcare, and entertainment. The card provides access to discounts from over 7,200 brands and businesses in the UAE and 92 countries worldwide.

How Long Does the UAE Golden Visa Last, and Can It Be Renewed?

The UAE golden visa is valid for periods ranging from five to ten years. It can be renewed as long as the holder continues to meet the original eligibility requirements.

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