A golden visa from Dubai is one of the most sought-after papers in town. It’s your ticket to long-term residence in Dubai, and it’s not as challenging to obtain as you may assume.
Until now, the Dubai Golden visa has been issued to individuals who have made valuable contributions to the development of the country or to individuals who are specially skilled and talented in relevant disciplines or have contributed significantly through their businesses. However, the process is far more open, and you may be eligible.
What Exactly is a Dubai Golden Visa?
If you hold a Dubai golden visa, you can stay in the country for five to ten years. Expats holding Dubai golden visas can live, work, and study in the UAE without the requirement for a national sponsor and with full ownership of their firm on the UAE’s mainland.
Who is Eligible for a Dubai Golden Visa?
- Top Emiratis or government entities recommend Some persons for Dubai golden visas, while others apply online.
- If a person is granted a Dubai golden visa, their spouse and children can use it.
How do Officials Select who is Qualified for a Dubai Golden Visa?
The following individuals can apply for a 10-year resident visa in the UAE.
- Individuals with at least Dh10 million in public investments. The investment might take several forms, including:
- A deposit of at least Dh10 million in a domestic investment fund
- establishing a corporation in the UAE with a minimum capital of Dh10 million
- Participating in an existing or new firm with a minimum share value of Dh10 million
- A total investment of at least Dh10 million in all areas listed provided that investments in sectors other than real estate account for at least 60% of the total investment.
The Dubai golden visa covers the holder’s spouse, children, and one executive director and adviser. It can also include business partners if each partner invests Dh10m.
- People with specialized skills
- Persons in science and knowledge, such as physicians, specialists, scientists, and inventors, are included, as are creative people in culture and art.
- You are qualified if you have a Ph.D. or a patent. However, there are other restrictions about how the specialized abilities are classified, as described on the UAE’s official webpage.
All categories of applicants must also have a valid job contract in a priority specialized sector in the UAE.
How to Apply for a Dubai Golden Visa
All applicants must first indicate their interest in the program by signing up using the UAE’s Federal Authority for Identity and Citizenship (ICA) website.
There is a separate section for golden services. Suppose you fall into one of the eligible categories but have yet to be nominated. You should apply using the “Visa – Golden Visa – Nomination Request For Golden Residence – New Request” box.
An online form asks for your personal information and the category in which you should be nominated.
You will also require your Unified Identification Number (UID), a six-digit number provided to everyone who enters the UAE.
The General Directorate of Residency and Foreigners Affairs in Dubai has also formed a new division to handle applications for golden visas and other prominent persons.
How Long Does it Take to Nominate Someone?
Within 30 days, you will get an email informing you of the outcome of your nomination application. You will be provided a link to upload the necessary visa papers when your nomination is approved.
Your application will be validated by the Federal Authority for Identity and Citizenship within weeks of uploading your papers, and you will obtain your visa.
If you are already in the UAE, you will be awarded a one-month temporary visa and must convert your temporary visa into a resident permit within this time.
Conclusion
UAE golden visas allow foreigners to live, work, and study in the UAE without requiring a native sponsor and with full ownership of their business on the UAE’s mainland.
Frequently Asked Questions
Who qualifies for a Dubai Golden visa?
You are eligible if you meet the following requirements: Have a Master’s or Ph. D.D in Engineering, Technology, Life Sciences, or Natural Sciences, as defined by the Ministry of Education.
Do you need help to obtain a golden visa in the UAE?
Suppose you are a high school student and a national-level topper (with a minimum grade of 95% in public or private secondary school). In that case, you may be awarded a five-year Golden visa without a sponsor, subject to submitting a Ministry of Education recommendation letter (Emirates Schools Establishment).
What is the starting pay on a Golden visa?
Salary certificate, with a monthly salary of at least AED 50,000.