ALL YOU NEED TO KNOW ABOUT UAE GOLDEN VISA

August 1, 2023
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golden visa

The UAE being the ideal destination for work, investment, entrepreneurship, education, and life by introducing a restructuring of its entry and residence system.

GOLDEN VISA

The UAE provides the Golden Visa to international professionals such as investors, entrepreneurs, students and individuals with exceptional talents who work, innovate, and succeed in key sectors. One of the primary advantages of having a UAE Golden Visa is knowing that the UAE government is committed to providing a good future, particularly for investors from around the world looking to invest and reside in the UAE for an extended period of time.

Golden Visa for Investors

  • Can apply for a 10-years Golden visa in UAE if they have an investment into properties with a minimum of AED 2 million (USD 54,458.81)

 Golden Visa for Professionals

  • Holding an active employment contract with a Director level designation in the UAE.
  • Personal bank account six-month bank statement.
  • A university education (fully attested
  • You earn more than 50,000 AED (USD 13,614.70) each month in compensation.

UAE issued Golden Visas to outstanding students who have graduated from high schools and universities in the United Arab Emirates (UAE) in 2023.

Startup investors are eligible for the Golden visa if their company is registered in the UAE as an SME with annual revenues of AED 1 million (USD 272,29.4) or above.

Entrepreneurs can also obtain the Golden Residence if they meet one of the following criteria:

  • being a founder or co-founder of a previous entrepreneurial project sold for a total value of not less than AED 7 million (USD 1,905,605.85), or
  • obtaining approval from the Ministry of Economy or competent local authorities for their projects or ideas.

Golden visa holders can now sponsor their parents for a 10-year residency, with no deposit required if they present a certification as sole caregiver. The system also allows for easier sponsorship of spouses and children, as well as a five-year residency for first-degree relatives.

Also, there is Retirement visa which specially crafted for investors above the age of 55 who wish to retire under Dubai’s beautiful sunshine. This 5-year long visa is applicable for individuals who invest in a property worth AED 2 million, or own accumulated savings worth of AED 1 million, or have an active monthly income of at least AED 20,000.

Golden visa

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