UAE Golden Visa

Pathway to long term Residency and Prosperity in Emirates

Navigating the UAE Golden Visa: Your Beginner's Guide to Unlocking Opportunities

Last updated: 12th Feb 2024

Explore the Pathway to Long-Term Residency and Prosperity in the UAE

Welcome to the land of endless possibilities—the United Arab Emirates (UAE)! If you’ve been dreaming of a place where innovation meets tradition, and opportunity beckons at every corner, then you’re in the right spot. Today, let’s uncover the secrets of the UAE’s Golden Visa program—a pathway to long-term residency and prosperity in this vibrant desert oasis.

What is the UAE Golden Visa?

Picture this: a golden ticket to your dreams of living and thriving in the UAE. That’s exactly what the Golden Visa represents—a coveted residency scheme designed to attract top talent, investors, and visionaries to the Emirates. It’s your key to unlock a world of opportunities and build a brighter future for yourself and your loved ones.

Benefits of the Golden Visa

Now, let’s talk perks! With the Golden Visa in hand, you’re not just a visitor—you’re a resident, with all the rights and privileges that come with it. 

Whether you’re an investor looking to grow your portfolio, an entrepreneur seeking new ventures, or a professional pursuing your passion, the Golden Visa has something for everyone. The main perks are as follows:

  • The Golden visa offers a six-month entry visa with multiple entries, leading to the issuance of a long-term, renewable residence visa valid for 5 or 10 years.

  • It grants the privilege of not needing a sponsor and allows individuals to stay outside the UAE for more than the usual six-month period to maintain their residence visa.

  • Additionally, it enables individuals to sponsor family members, including spouses and children of any age, as well as an unlimited number of domestic helpers.

  • In the unfortunate event of the primary Golden visa holder passing away, family members are permitted to stay in the UAE until the end of their permit duration.
Who is Eligible?

You might be wondering, “Am I eligible for this golden opportunity?” the Golden Visa is open to a wide range of individuals, including investors, entrepreneurs, executives, professionals, and outstanding students.

Whether you’re a seasoned business mogul or a fresh-faced graduate with big dreams, there’s a path to residency waiting for you.

Golden Visa Requirements
Golden Visa

Ah, the nitty-gritty details! To qualify, you’ll need to meet certain requirements depending on your category. For investors, it could mean making a substantial contribution to the UAE economy through real estate investment or business setup.

Entrepreneurs might need to demonstrate a track record of success or present innovative business ideas aligned with the UAE’s priorities.

Professionals and outstanding students, on the other hand, may need to showcase their skills, expertise, or academic achievements to secure their spot in the Golden Visa club.

Investors in Public Investments

If you’re considering investing in an investment fund in the UAE, you could be eligible for a coveted 10-year Golden Visa without the need for a sponsor. Here’s what you need to know:

To qualify, you must meet one of the following criteria:

  1. Submit a letter from a UAE-accredited investment fund confirming that you’ve deposited at least AED two million.

  2. Provide a valid commercial or industrial license, along with a memorandum of association, demonstrating that your invested capital is no less than AED two million.

  3. Present a letter from the Federal Tax Authority verifying that you contribute a minimum of AED 250,000 annually to the government.

In addition to meeting these requirements, you must:

  • Own the invested capital outright; it cannot be in the form of a loan.

  • Provide proof of medical insurance for yourself and your family (if applicable).

If you’re an entrepreneur with a pioneering spirit, you could qualify for a Golden Visa lasting five years in the UAE. Here’s what you need to know to qualify:

To be eligible, you must meet the following criteria:

  1. Own an economic project with a technical or futuristic nature that emphasizes risk and innovation.

  2. Obtain approval letters from the following entities:

    • An auditor in the UAE confirming that the project’s value is not less than 500,000 dirhams.

    • Authorities in the emirate confirming that the project is of a technical or futuristic nature.

    • An accredited business incubator in the UAE to establish the proposed activity in the country.
Real Estate Investors

If you’re a property owner in the UAE, you could be eligible for a Golden Visa lasting five years, with the option for renewal under the same conditions and without the need for a sponsor. Here’s what you need to know to qualify:

To be eligible, you must meet one of the following criteria:

  1. Provide a letter from the land department of the respective emirate confirming ownership of one or more properties valued at no less than 2 million dirhams each.

  2. Purchase a property using a loan from specific local banks approved by the competent local entity.
Executive Directors

If you’re an executive director looking to secure a Golden Visa in the UAE, you’ll need to meet specific criteria to qualify. Here’s what you need to know:

To be eligible for the Golden Visa, you must provide the following documentation:

  1. A copy of your university degree accredited by the Ministry of Education, with a minimum educational attainment equivalent to a bachelor’s degree.

  2. A letter detailing your professional experience, confirming at least 5 years of holding the same executive director position.

  3. A salary certificate demonstrating a monthly salary of at least AED 50,000.

  4. A valid work contract outlining your employment terms and conditions.

The Golden Visa in the UAE is extended to highly skilled professionals categorized as level 1 or level 2 by the Ministry of Human Resources and Emiratization (MOHRE). These professionals encompass doctors, engineers, accountants, IT specialists, and those holding managerial positions. To secure the UAE’s Golden Visa, applicants must meet the following criteria:

  1. Hold a valid employment contract within the UAE.
  2. Earn a salary of 30,000 AED or higher.
  3. Possess a bachelor’s degree from a recognized university.
Outstanding Specialized Talents

If you possess exceptional skills and talents in specialized fields, you may be eligible for a Golden Visa in the UAE. This category includes individuals such as:

Scientists, Creative professionals in culture and the arts, Inventors, Executives, Specialists in scientific fields, Athletes, Holders of doctoral degrees, Experts in engineering and science.

Please note that the required documents vary depending on your profession or field of expertise.

How to Apply for the Golden Visa

Ready to take the plunge? Applying for the Golden Visa is easier than you think, especially with Aida Travels by your side. As your trusted partner in navigating the residency process, Aida Travels provides all the necessary support to make your Visa journey smooth and stress-free.

From assistance with document preparation to guidance on the application process, our team is here to ensure you have everything you need to embark on your golden adventure in the UAE. So gather your documents, reach out to Aida Travels, and let the journey begin!

Embrace the Golden Opportunity
Golden Visa

As we wrap up, remember this: the Golden Visa is more than just a residency permit—it’s a symbol of possibility, opportunity, and endless potential.

Whether you’re looking to build a business empire, pursue your passion, or create a better future for your family, the UAE welcomes you with open arms. So seize the moment, embrace the opportunity, and embark on your own golden adventure in the land of dreams with Aida Travels..

Aida Travels offers a range of visa services to meet your needs, including family visas, tourist visas, visa change by bus, airport-to-airport visa changes, and inside country visa changes.

"Luxury must be comfortable, otherwise it is not luxury!"- Coco Channel
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