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UAE's Golden Visa: What is it, and Who is Eligible?

The golden visa is a system that offers long-term residency for about 5 and 10 years to people that belong to different groups.

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UAE's Golden Visa: What is it, and Who is Eligible?

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  1. UAE's Golden Visa: What is it, and Who is Eligible? In 2019, the United Arab Emirates (UAE) decided to grant a 10-year golden visa to people who meet their specific criteria. This is a new system to provide long-term residence visas in order to enable foreigners to live, work and study in the UAE without the requirement of a national sponsor. www.desertcart.ae

  2. UAE's Golden Visa: What is it, and Who is Eligible? This new policy was launched in order to attract new and capable foreign residents to the Emirate of Dubai following the economic challenges that were caused, due to the covid-19 pandemic situation. www.desertcart.ae

  3. What does this Golden Visa Offer? The golden visa is a system that offers long-term residency for about 5 and 10 years to people that belong to different groups. That includes people like entrepreneurs, researchers, medical professionals, experts in scientific and knowledge fields, people with outstanding talents, remarkable students, and investors. www.desertcart.ae

  4. What Conditions Apply for People with Outstanding Talent? People who have special talents and skills need to fulfill certain criteria, in order to become eligible to apply for the UAE golden visa residency permit. People who are established scientists need to be accredited by the Emirates scientist council or need to be a holder of the Mohammed Bin Rashid Medal for scientific excellence. www.desertcart.ae

  5. What Conditions Apply for People with Outstanding Talent? For creative individuals in culture and arts, they need to be accredited by the ministry of culture and knowledge development. It is also essential for exceptional talent to have documented patents or scientific research that is already published in world-class journals. www.desertcart.ae

  6. What Conditions Apply for People with Outstanding Talent? Specialists and doctors need to meet at least two of the following conditions which are a Ph.D. degree from the top 500 universities across the globe and an awarded certificate of appreciation in the field of the applicant's work, by contributing to major scientific research in their respective field of work. www.desertcart.ae

  7. What Conditions Apply for People with Outstanding Talent? Along with that, they also need to showcase published articles or scientific books, or distinguished publications in the respective field of work. Having membership in an organization that is related to their field of work is appreciated. The Ph.D. degree in addition to 10 years of professional experience in the field of specialization; in areas that are of high priority to the UAE. www.desertcart.ae

  8. Golden Visa Opportunity for Investors and Business People Any individual who has invested a minimum of 2 million dirhams in the UAE, can apply for a 10-year golden visa without a sponsor. The investment can be in the form of accredited funds in the UAE for a commercial or industrial license of an investor; where the memorandum of association of the legal entity mentions that the paid-up capital of the company is not less than 2 million dirhams. www.desertcart.ae

  9. Golden Visa Opportunity for Investors and Business People If the investor is the owner of a company in the UAE and pays tax of a minimum of 2,50,000 dirhams annually, to the federal tax authority, they can apply for the UAE Golden visa along with their spouse and dependents. www.desertcart.ae

  10. Golden Visa Opportunity for Investors and Business People Senior employees like executive directors or advisors appointed by investors in public investment are also entitled to apply for the golden visa without a sponsor. Individuals who own property worth 2 million dirhams or more are also eligible to apply for a 5-year golden visa. www.desertcart.ae

  11. Golden Visa Opportunity for Investors and Business People Under this category, the properties should not have any loan, but if the properties are on loan and the value of the properties is their own equity, then they can be considered. Retired foreigners who are at least 55 years old and have 1 million dirhams in investments or an income of 15,000 dirhams per month can apply for the golden visa. www.desertcart.ae

  12. Long-Term Visas for Students Outstanding students studying in recognized schools and universities inside or outside the UAE can apply for special long-term residency visas. www.desertcart.ae

  13. Benefits of the UAE Golden Visa It is a 10-year renewable residence visa. It does not require any sponsor or employer. The visa does not get canceled if the visa holder stays outside the country for more than 6 months. The visa is granted to the entire family including spouses and children without any age limit. www.desertcart.ae

  14. Benefits of the UAE Golden Visa (Continued…) Potential visa holders get an entry permit that is valid for 6 months with multiple entries and are allowed to stay until the visa processing procedures are completed. If the original visa-holding person dies, then the family members can continue to stay in the UAE, till the end of their residence permit duration. www.desertcart.ae

  15. Benefits of the UAE Golden Visa Any individual who fulfills the above criteria can apply for the UAE golden visa through the website of the Federal authority for identity, citizenship, customs, and port security (ICP). Just log on online using your mobile, laptop & computer to apply. For further clarifications or any queries related to this particular matter, you can contact the ICP and the general directorate of Residency and Foreign Affairs in the UAE. www.desertcart.ae

  16. www.desertcart.ae

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