Dubai Golden Visa – Everything You Need to Know About

Dubai is a global city known for attracting investors, entrepreneurs, and skilled employees seeking residency or work opportunities for a long period of time. A viable option for foreign citizens seeking long-term residency is the Golden Visa Dubai. It is a long-term residency program aimed at attracting and retaining foreign citizens to reside, work, and study in the UAE without a national sponsor. Therefore, the Dubai Golden Visa boasts an array of opportunities and a chance for stability in one of the world’s fastest-developing cities.

The process of applying for a Golden Visa can be complex and lengthy, especially when considering documentation and eligibility requirements. This is where business setup consultants in Dubai can help you. We provide end-to-end support for golden visa services. This means we will help you identify eligibility, prepare all documentation, submit your application, and interact with UAE government entities. With our professional support, you will be assured of a smooth and hassle-free experience.

About the Golden Visa in Dubai

The Dubai Golden Visa is a long-term residency program initiated by the UAE government to attract and retain talented people, investors, and other professionals from across the globe. The Golden Visa is granted by the Federal Authority for Identity, Citizenship, Customs, and Ports Security.

Key Features of the Dubai Golden Visa:

1. Long-Term Residency

• Covering for a duration of 5 to 10 years.
• UAE Golden Visa is renewable automatically if you meet the eligibility requirements.

2. No Need for a Local Sponsor

• Visa holders can live, work, study, or establish a business in the UAE without a sponsor.

3. Sponsorship of Family

• UAE Golden Visa holders can sponsor family members, including spouses and children. The UAE Golden Visa cost for dependents is generally between AED 2,800 and AED 4,800 per person, depending on the visa category and whether the application is being made in the UAE or outside.
• Children can be sponsored regardless of their age.

4. Stability and security

• Aims to facilitate long-term plans and settlement.
• Part of the long-term ambitions and plans of the UAE to achieve economic diversification and sustainable growth.

5. Business and Taxation

• Allows you to own businesses 100% without a local partner.
• Offers competitive tax regimes with a 0% income tax.

Eligibility to Obtain a Golden Visa Dubai

UAE Golden Visa is not offered to everyone who wishes. There are some conditions and criteria for Dubai Golden Visa requirements that are required to be fulfilled.

Here is a complete overview: 

1. Investors

• Investors can receive a 10-year Golden Visa without a sponsor by either investing in a UAE-accredited fund or investing in a business with a minimum capital of AED 2 million. 
• Documentation of annual tax payments and proof of health insurance has to be submitted for this UAE golden visa eligibility.

2. Entrepreneurs

• Entrepreneurs can qualify for a 5-year Golden Visa for a project that has been certified technically innovative by an authoritative UAE entity. 
• The minimum value should be AED 500,000, confirmed by an appointed UAE auditor.

3. Skilled Professionals

• As per Dubai Golden Visa requirements, professionals with specific expertise in areas of focus such as technology, science, or art may also qualify for the Golden Visa. 
• Their work must evidently contribute to Dubai’s growth and development.
• The UAE Golden Visa salary requirement is generally AED 30,000 for eligible professionals, excluding allowances.

4. Outstanding Students

• Exceptional students can qualify for the Golden Visa if accepted into a top university or institution in Dubai.
• Their commitment to a high level of academic achievement should attract high-achieving youth to the region.

5. Retirees

Retirees can apply for the UAE Golden Visa by being able to provide proof of specific amounts of financial means to demonstrate stability and self-dependence to live in the UAE without the need for employment.

6. Real Estate Investors

• Real estate investors are able to obtain a 5-year Golden Visa if they hold property worth AED 2 million or higher. 
• Properties purchased using approved loans can also qualify for UAE golden visa eligibility.

7. Outstanding Specialized Talent

• Candidates of exceptional talent in specific fields, like science or health care, can apply for a 10-year Visa. 
• They need to secure official endorsements from recognized UAE institutions to confirm they qualify their skill or outstanding accomplishments.

However, it is advised that people who wish to opt for this visa should keep on checking the UAE golden visa new rules. Be aware of any amendments that are made or if new categories of eligible people are being added. 

Documents Required For Golden Visa Application in Dubai 

To apply for a Golden Visa in Dubai, you may be required to submit the following documents, depending on your specific category and personal circumstances.

Here are the key UAE golden visa requirements: 

• A valid health insurance policy.
• Passport-sized recent color photographs with a white background.
• Clear copies of your full passport, including any pages containing visas or entry/exit stamps.
• Proof of your financial stability, such as recent bank statements or financial documents showing your ability to support yourself in the UAE.
• If you currently reside in Dubai, documentation verifying your current residency status may be needed.
• A police clearance certificate issued by your home country or any country where you have resided in recent years.
• Evidence supporting your eligibility for the Golden Visa, depending on the category you fall under (e.g., investor, entrepreneur, highly skilled professional, etc.).
• Copies of any previous UAE visas, if applicable.

Additional UAE golden visa requirements or documents might be requested by the UAE authorities based on your application details and visa category.

How to Apply for the UAE Golden Visa? 

This is how you can apply for the UAE Golden Visa through the ICA (Federal Authority for Identity and Citizenship).

1. Access the ICA Golden Visa Portal

Go to the ICA Golden Visa website or portal, and either log in with your UAE PASS information or register if you have not yet done so. Make sure you have a good internet connection and that you have all your required documentation available.

2. Choose Your Visa Category

Navigate to the Golden Visa Services page. It will present a list of the visa categories, based on your type of profile, such as Investor, Entrepreneur, Specialized Talent, Outstanding Student, etc., to select from.

3. Complete the Application

Fill out the online application form, which will include personal and professional information. You will also need to upload documentation, such as your passport, your photo, proof of investment (if applicable), and the results of your health test.

4. Pay Your Visa Fees

Pay your UAE Golden Visa fees online using one of the permitted methods. Save your transaction receipt.

5. Application Tracking

Once your UAE golden visa application is submitted, ICA will review it and update you via email or by accessing the portal.

If you feel stuck, Start Any Business (India Branch) can help you obtain your visa without facing any challenges. Our experts will handle everything on your behalf. 

Key Benefits of the Golden Visa in Dubai 

Having a Dubai Golden Visa allows you to experience a range of benefits in the UAE.

Here is an overview: 

• Access to public services, including healthcare, education, or even sometimes to the local pension or social security system.

• Access a new labor market, start new businesses, or even take advantage of new regional investments with fewer restrictions.

• Welcome family members (like your spouse, children, and sometimes parents) to your UAE golden visa application for shared residency.

• Access to new cultural experiences, new friends, and the opportunity to learn a new language through immersion.

• Qualify for permanent residency or citizenship after a few years of moving to that country under the golden visa program.

• Benefit from lower tax rates or exemptions on foreign income, depending on the specific golden visa tax laws in the country.

Processing Time and Fees for the Dubai Golden Visa

The processing for the Golden Visa in Dubai is often 15-30 days. The comprehensive UAE golden visa fees vary according to the length of the visa. The 10-year Golden Visa is approximately AED 1,150, and the 5-year visa would cost around AED 650. In addition, the fees could also differ based on exchange rate fluctuations and the specific demands of the ICP or GDRFA.

Extension of the Golden Visa in Dubai 

People often wonder if they can extend their Golden Visa validity. The answer is Yes. Residents holding Golden Visas can extend their residence in Dubai by renewing their visa (every 5 or 10 years, depending on their visa type).

Start Any Business (India Branch) – Your Gateway to Golden Visa Dubai

The Dubai Golden Visa allows you to pursue long-term residency, significant freedom in your business opportunities, and immediate access to world-class opportunities in one of the fastest-moving cities in the world. This visa opens doors for investors, entrepreneurs, professionals, and retirees seeking a clear pathway to build a future in the UAE. With immense benefits, the Golden Visa serves as a strategic approach to a prosperous life in Dubai.

As one of the leading business setup consultants in Dubai, Start Any Business (India Branch takes care of every stage of the Golden Visa application from document preparation and submission to follow-up with the UAE Government authorities. We specialize in hassle-free Dubai golden Visa services specifically tailored to your category. Contact us today and take the first step toward your successful Golden Visa Dubai application.

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