Everything you should know about UAE Golden Visa

Everything you should know about UAE Golden Visa

The UAE golden visa has become one of the most sought-after documents in the town. Well, who wouldn’t love to live in the land of record-breaking wonders and indulge in the swanky lifestyle? The UAE golden visa enables foreigners to live, work or study in the country for up to 10 years with the possibility of renewing it. This long-term residency scheme is currently confined to specific categories ranging from investors to individuals with exceptional talents. Within no time, the golden visa has received an esteemed status considering the remarkable privileges that it promises for eligible individuals.

UAE golden visa’s top benefits

The golden visa program was introduced to attract investors and expertise to the country. There are several exclusive benefits that the golden visa holders can avail including but not limited to:

  •         A long-term renewable residency visa valid for up to 10 years
  •         The privilege of not needing a sponsor
  •         Extended stay outside the UAE
  •         Ability to sponsor family and domestic helpers
  •         An entry visa for six months with multiple entries followed by the issuance of residency permits.

Who can apply for a golden visa?

Wondering if you are eligible for a golden visa? We’ve got you! Though the eligibility criteria to obtain the golden visa was limited to residents who have made outstanding contributions to the country, or skilled workers, now it has been extended to make it accessible to a wider crowd. People in the following categories can receive a golden visa: investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers, and frontline heroes. Read on to learn the UAE golden visa requirements.

1. Investors

  • Real estate owner

Do you own a property in the UAE? You are eligible to get a golden visa if you own a property worth a minimum of AED 2 million.

  • Investor/partner

Owners of businesses with annual transactions of a minimum of AED 100,000 are also eligible for a golden visa.

  • Tax collection investor

Another way to obtain the golden visa is by making sure that your contribution to the tax is not less than 250,000 dirhams annually.

2. Entrepreneurs

UAE is always in favor of innovations and ground-breaking ideas. Entrepreneurs who have out-of-the-box business projects or plans can apply for a golden visa.

3. Scientists and skilled workers

Scientists and researchers, specialists in the industries like health and education, are given golden visa permits. For skilled workers, the minimum monthly salary is AED 30,000.

4. Exceptional talents

As the golden visa is a part of the UAE’s plan to beckon the cream of the world, it’s also open to people with exceptional talent in fields like culture and art, sports, and innovation.

5. Outstanding students

Students with outstanding academic records can get a fixed residency permit of 10 years.

6. Humanitarian pioneers

People who have worked for charitable organizations or associations of public benefit are eligible for the golden visa. 

7. Frontline heroes

UAE recognizes the sedulous efforts of healthcare professionals who put their lives at stake for the public good. As a result, healthcare professionals who have worked during extraordinary circumstances like the COVID-19 pandemic are also considered eligible for the golden visa.

Golden visa application procedure

Obtaining a golden visa is quicker and easier if you have assistance from an expert consultancy. BusinessLink can help you receive this premium status in the UAE so that you can enjoy an extended stay in one of the most enticing countries in the world. We will take care of the whole process, including application, documentation, and fulfilling the mentioned requirements. All you need to do here is make plans for your future in the Middle East!

Golden Visa UAE price 

The golden visa price depends on the type of visa and service. The price could range from AED 10,000 to AED 13,000. 

The golden visa provides a wealth of opportunities to people who wish to make the UAE their home. From long-term residency, business opportunities, and access to state-of-the-art healthcare and education, the benefits are countless. As the name denotes, it is a golden opportunity for all those seeking to live in the land of dreams.