The UAE is still appealing to the world talent, investors, and professionals in search of a stable and good opportunity in life and luxury. Among the largest factors that contribute to this increased popularity is the UAE Golden Visa – a long-term residence scheme that provides residents with a range of exceptional benefits, namely, the residence of a family and its members.
What is the UAE Golden Visa?
UAE Golden Visa is a long-lasting residence authorization that enables overseas nationals to dwell, labor and study in the UAE without a local supporting body. It is renewable and can be issued either 5 or 10 years depending on the category of the applicant. The visa is supposed to bring in outstanding skills, encourage the development of a business environment, and facilitate the ambitions of the UAE to emerge as a global centre of innovation.
Key Benefits of the UAE Golden Visa
The owner of a Golden Visa has access to a set of privileges unavailable to ordinary residents:
- Long term residency: Stay in the UAE (up to 10 years) without renewal.
- Freedom to work: You will be able to work or conduct business anywhere in the UAE.
- No employer sponsorship: Register on your own without sponsoring by a company.
- Tax advantages: Take an advantage of the zero personal income tax.
- Family sponsorship: Family members and your spouse are entitled to the visa.
- Hire domestic employees: House helpers (nannies, drivers, etc.).
- Esaad privilege card: Receive discounts in 7000+ outlets in the UAE and 92 countries.
- Good healthcare: Visit best medical hospitals with possible Esaad card discount.
- Easy re-entry: More than one entry without having to re-apply visas.
- Renewable visa: Renew your visa of 5 or 10 years.
New Services of Visa Golden Holders.
The government of the UAE has introduced special services to assist the Golden Visa holders outside the country:
- Hotline 24 Hours: Hotline can be called at any time around the clock all over the world at +971 2 493 1133 to get emergency or consular help.
- Lost passport: Request a digital Return Document through the UAE Pass to be able to re-enter the country in 30 minutes.
- Repatriation assistance: The UAE helps a family when a death occurs in another country in terms of repatriation procedures.
Who Can Apply for a UAE Golden Visa?
The qualification requires the category, contribution and credentials of the applicant.
Investors in Public Funds
- Minimum investment of AED 2 million in a fund or business approved in the UAE.
- The investment should be owned by the self and not through loans.
- Quality health insurance of applicant and family.
Real Estate Investors
- Possess at least one or more properties worth AED 2 million or above.
- Financing of properties is possible via acceptable UAE banks.
- Qualifies to have a renewable 5-year visa.
Entrepreneurs
- Have an innovative project worth AED 500,000 or above.
- Permission of a recognized business incubator and UAE government.
- Eligible for a 5-year visa.
Exceptional Specialised Competencies.
- Doctors / Scientists: Ministry of health or Emirates Scientists Council approval.
- Inventors: Patents of national value are authorized by the Ministry of Economy.
- Creative Professionals: Dubai or Abu Dhabi Culture Authorities.
- Executives: Bachelor, 5 years experience and AED 50,000 monthly minimum salary.
- Engineers & Researchers: Degree in priority areas and working actively in the UAE.
Outstanding Students
- Toppers in high school: An average of 95% (5 year visa).
- University students UAE: Best graduates with high GPA of A or B rated universities will receive 10 years visa.
- Foreign university students: Thus, the 100 best-ranked universities across the globe [GPA?] 3.5.
Humanitarian Work pioneers.
- Experience – 5 years and above with reputable organisations.
- Donors that give AED 2 million or above to humanitarian donation.
- Eligible for a 10-year visa.
Frontline Heroes
Also incorporates nurses, technicians, medical assistants, and others who are known to have served in times of crisis such as the COVID-19.
Why the UAE Golden Visa Matters
Golden Visa is not a mere residence permit but a window to long term stability, investment possibilities and the great life. It assists the UAE in its mission to recruit the best talent besides providing residents with unparalleled flexibilities and security.
