by Kingdom By MAG 
The UAE Golden Visa targets foreign students, entrepreneurs, investors, specialized professionals, and other exceptional individuals by offering them long-term residency, which enables them to stay, work, and study in the UAE with benefits. This system has also been established to attract foreign talent, investments, and innovational ideas. This blog outline will guide the reader through the requirements for different visa applicants of the UAE Golden Visa With this visa, holders can get access to numerous exclusive benefits. Let’s have a look at the criteria one must meet.Let’s take a closer look at the criteria you must meet.
What is the Golden Visa for the UAE?
The Golden Visa is granted on a renewable basis for 10 years, with the option to extend for an additional 5 years, depending on the applicant’s category. It grants expatriate investors the ability to reside in the UAE for 5 or 10 years. Benefits of the visa include:
The ability to live, work, and study in the UAE without the need for a local sponsor. The option to stay outside the UAE for more than 6 months while retaining residency status. Sponsoring family members (spouse and children of any age) without being the primary sponsor. The ability to sponsor unlimited domestic helpers. Family members can stay in the UAE even if the primary visa holder passes away. Meeting the requirements for the Golden Visa gives you access to these benefits.
Requirements for the Golden Visa Divided by Category
The criteria to obtain the Golden Visa depend on the applicant’s category—whether you’re an investor, entrepreneur, skilled professional, or student.
1. Public Investments Investor
To qualify as an investor, you must meet the following criteria:
Investment Fund: A deposit of at least AED 2 million in an accredited investment fund in the UAE.
Business/Commercial License: The capital invested in a business must be at least AED 2 million.
Tax Contribution: Submit a letter from the Federal Tax Authority confirming tax contributions of no less than AED 250,000 annually.
Medical Insurance: Proof of medical health insurance for yourself and your family.
2. Investors in Real Estate
Real estate investors are eligible for a 5-year Golden Visa if they meet these requirements:
Own properties worth at least AED 2 million.
The property can be purchased with a loan from specific local banks, provided the loan is approved by the relevant authority.
3. Entrepreneurs
Entrepreneurs may qualify for a 5-year Golden Visa if they meet the following conditions:
The project must be innovative or technological.
You must have an acceptance letter from an accredited business incubator in the UAE.
The project must be worth at least AED 500,000.
Proof of residence in the UAE, either through homeownership or a lease agreement.
This category applies to experts in medicine, science, arts, technology, or sports. Each category has specific requirements:
Doctors: A letter from the Ministry of Health and Prevention confirming eligibility to practice.
Scientists: Endorsement from the Emirates Council of Scientists or the Mohammed bin Rashid Medal for Scientific Excellence.
Creative Professionals: A letter from the Department of Culture and Arts in the respective emirate.
Athletes: A recommendation from the General Sports Authority.
5. Outstanding Students
Outstanding students have the opportunity to qualify for the Golden Visa under these conditions:
High School Students: Students with a minimum grade of 95% from a public or private secondary school may qualify for a 5-year Golden Visa. University Students: Students from accredited universities with a GPA of 3.5 or higher may qualify for a 10-year Golden Visa.
6. Humanitarian Pioneers
Individuals who have contributed significantly to humanitarian efforts may be eligible for a 10-year Golden Visa.
Eligible individuals include:
Members or employees from international humanitarian organizations who have served for at least five years. Individuals acknowledged by humanitarian institutions for their work.
7. Frontline Heroes
The UAE recognizes the efforts of frontline heroes such as healthcare workers and emergency service personnel who displayed exceptional dedication during crises like the COVID-19 pandemic. To qualify, frontline heroes must be nominated by the relevant authority.
How to Apply for the Golden Visa?
The UAE has simplified the application process through the ‘One Touch’ service, making it easier to apply for and renew the Golden Visa. Applications can be submitted through the official ICP website or the ICP App available on Google Play and App Store.
Advantages of the Golden Visa
In addition to long-term residency benefits, the Golden Visa provides the following advantages:
Most visa holders are not required to have a local sponsor.
Visa holders can sponsor family members and domestic helpers.
A multiple-entry visa to complete residency procedures within six months.
Exemption from the usual six-month absence rule that would otherwise invalidate residency status.
Related Services and Digital Platforms
To assist with the Golden Visa process, the UAE offers several digital services, including:
Eligibility Check: Check your eligibility for the Golden Visa on the ICP website.
Creative Talented Accreditation: A request to obtain creative accreditation for those in the arts and culture sector through Dubai Culture.
Recommendation Letters: Obtain recommendation letters from relevant authorities, including the Ministry of Culture and Youth, for Golden Visa applications.
Conclusion
Contact Us for Your Property Consultancy and Get Your Golden Visa!
Ready to secure your UAE Golden Visa? Our expert property consultancy services at Kingdom by Mag, located in Cluster K, Jumeirah Lake Towers (JLT), Dubai, are here to help you through the process.
Get in touch today and start your journey towards long-term residency in the UAE.
Call us now at 058 555 9090 or reach out via email for more details!
The UAE Golden Visa presents a unique opportunity for investors, entrepreneurs, students, and skilled professionals who wish to live, work, or study in the UAE while benefiting from long-term residency. If you meet the eligibility criteria, it is advisable to apply for the Golden Visa as soon as possible. The process is straightforward, and the benefits are substantial.
For more information, visit the official UAE government portals and begin the Golden Visa application process today!
Dubai real estate investment offers a great opportunity for turning your finances around and building your wealth over the long term. With Kingdom by MAG assistance, you are guaranteed to enjoy ample services, including access to top advisers and prime real estate. Whether it’s residential, commercial, or off-plan property you are looking for, Kingdom by MAG is always here to support your investment journey.
Take action now and work with Kingdom by MAG to tap into Dubai’s thriving real estate market today and become part of this ever-expanding city!
Here are some external links that could be useful for your blog post on the UAE Golden Visa:
- UAE Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP)
https://www.icp.gov.ae
Official portal for information and services regarding the UAE Golden Visa. - UAE Golden Visa Official Information (Gulf News)
https://gulfnews.com/uae/government/uae-golden-visa-all-you-need-to-know-1.1611833039688
Comprehensive guide on the UAE Golden Visa system and eligibility. - UAE Golden Visa Application Process (Khaleej Times)
https://www.khaleejtimes.com/uae/visa/golden-visa-guide-all-you-need-to-know
Details on how to apply for the Golden Visa and the different types of applicants. - Dubai Real Estate (Bayut)
https://www.bayut.com
Explore real estate options in Dubai, including those eligible for the Golden Visa program. - Dubai Land Department
https://www.dubailand.gov.ae
Information on property ownership and related services in Dubai, which is relevant for Golden Visa real estate investors.
These external links can enhance the credibility of your article while also providing your readers with valuable resources related to the UAE Golden Visa and real estate options.
