The UAE Golden Visa is a coveted long-term residency permit that offers significant benefits to foreign investors, entrepreneurs, professionals, and exceptional talents. It grants holders the privilege of living, working, and studying in the UAE for up to 10 years without the need for a local sponsor.
Who is Eligible for a UAE Golden Visa?
To qualify for a Golden Visa, individuals must meet specific criteria within one of the following categories:
1. Investors:
- Property investment of at least AED 2 million.
- Significant public investments, including deposits or company ownership.
2. Entrepreneurs:
- Ownership or partnership in a start-up valued at AED 1 million or more.
- Founding an entrepreneurial project sold for at least AED 7 million.
- Approval from a business incubator.
3. Exceptional Talents:
- Individuals with exceptional achievements in fields like culture, arts, sports, and technology.
- Requires a recommendation from a government entity.
4. Scientists:
- Holds a PhD or Master’s degree from a top university.
- Substantial research achievements.
- Minimum monthly salary of AED 30,000 (previously, a combination of basic salary and allowances could meet this criteria, but this has changed).
5. Professionals:
- High educational qualifications and professional experience.
- Minimum monthly salary of AED 30,000 (previously, a combination of basic salary and allowances could meet this criteria, but this has changed).
- Classification in the first or second occupational level.
6. Outstanding Students and Graduates:
- High achievers from UAE or top-tier international universities.
7. Humanitarian Pioneers:
- Individuals with significant contributions to humanitarian work.
8. Frontline Heroes:
- Healthcare and other frontline workers who played a critical role during the COVID-19 pandemic.
Benefits of a UAE Golden Visa
- Long-term residency: Up to 10 years with renewal options.
- No sponsor required: Freedom to live, work, or study without a local sponsor.
- Family sponsorship: Ability to sponsor spouse and children of any age.
- Unlimited domestic help sponsorship.
- Extended travel periods: Can spend more time outside the UAE without affecting visa status.
- Exclusive healthcare packages: Access to special health insurance plans.
- Dubai Police Esaad privilege card: Enjoy discounts on various services.
How to Apply for a UAE Golden Visa
To determine your eligibility, use the UAE government’s online tool. If eligible, you can submit a nomination through the Golden Services section of the government website.
Important Considerations
While the UAE Golden Visa offers significant benefits, it’s essential to meet the eligibility criteria and understand the application process. Always consult with relevant authorities for accurate and up-to-date information.
The UAE’s introduction of the UAE Golden Visa reflects its commitment to attracting global talent and investors. By offering long-term residency and exclusive benefits, the country aims to solidify its position as a leading global hub.