What is the UAE Golden Visa all about?
The United Arab Emirates recently unveiled its new Golden Visa program, a welcome opportunity for foreign investors seeking an alternative to their current residence. With the program’s excellent benefits — such as residency in the UAE or travel privileges to over 100 countries — this investment visa is highly sought after.
This improved way of doing business makes it easier to be part of a global economy. It’s no surprise that this initiative has attracted thousands of international investors over the past 12 months and shines an even brighter light on the glowing potential of investment in the UAE.
Summary
UAE Golden Visa
Extended residency rights
Self-sponsored work or stay
Unlimited visa allocations allowed.
Ability to sponsor dependents and unlimited domestic helpers
Extended time outside the UAE
Exclusive healthcare packages
Dubai Police Esaad privilege card
Benefits
UAE Golden Visa
The UAE Golden Visa comes packed with benefits that are attractive for all individuals and families seeking to obtain one, the main benefits are:
Extended UAE Residency Rights
With a golden residency, you could get up to ten years of UAE residence – that’s five times longer than the standard option! Keep your family safe in the land of sun and sand for much longer.
Self-sponsored work or stay in the UAE
Unlike the standard residency visa, the golden visa offers holders a unique opportunity – the convenience of staying in the UAE long-term without taking up employment!
sponsor dependents and unlimited domestic helpers
With the UAE golden visa, you can sponsor your spouse and children! Plus, access to infinite domestic helper’s visas ensures that everyone feels supported and cared for.
Extended time spent outside the UAE
UAE golden visa holders can stay away from the country for longer than six months and still maintain their eligibility – what a great perk!
Exclusive healthcare insurance packages
These exclusive health insurance plans will start from just under Dhs2,400 and cover claims all the way up to Dhs20,000,000.
Dubai Police Esaad privilege card
The exclusive Esaad Card offers holders discounts in 7,000+ shops, education, health, housing, restaurants, theme parks, hotels, and more.
who is qualified to obtain a UAE Golden visa?
The UAE Golden Visa is currently granted exclusively to 8 categories:
Real Estate Investors
Real estate investors can obtain the UAE golden visa if they have a property or purchase an off-plan deal worth at least Dhs2 million.
Entrepreneurs
Entrepreneurs can apply for and obtain a UAE golden visa once one or more of the following three conditions are fulfilled:
- The applicant must be a partner or own a start-up company registered as a small and medium enterprise (SME) within the UAE. The company must generate annual revenues of no less than Dhs1 million.
- The entrepreneur must have founded an entrepreneurial project sold for more than Dhs7 million.
- The applicant has approval for a start-up from an official business incubator.
Exceptional Talent
Are you an extraordinary talent? The UAE is offering golden visas for those with unique gifts and skills in various areas, from culture to digital tech! You don’t need any college degrees or employment status – just the support of a local or federal government.
Scientists and Researchers
Are you a scientist or researcher who has made ground-breaking achievements in your field? You may be eligible to receive the prestigious golden visa—recognition of your hard work and success! To qualify, make sure you have a Ph.D. or Masters’s in engineering, technology, life sciences, or natural science. Get approval from the Emirates Scientists Council, and it could be all yours!
Skilled professionals
Highly-skilled workers with high educational qualifications and professional experience can also apply for a golden visa. This category applies across many disciplines, such as medicine, science and engineering, information technology, business and administration, education, law, culture, and social sciences.
Outstanding students and graduates
High achievers in the UAE’s secondary school system and outstanding graduates from the UAE’s universities are eligible to apply. This also extends to high achievers graduating from the best 100 universities worldwide.
Humanitarian pioneers
Humanitarians who are considered distinguished members of international/ regional charitable organizations or recipients of awards in the humanitarian and philanthropic sectors are also eligible
Frontline Heroes
Healthcare staff and frontline workers helping in extraordinary circumstances such as the COVID-19 pandemic can also apply for the UAE golden visa.