GOLDEN VISA
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golden visa?
The Dubai Golden Visa is a residency program launched by the government of the United Arab Emirates (UAE) to attract skilled professionals, investors, entrepreneurs, and talented individuals to live and work in Dubai. The visa allows holders to live in Dubai for extended periods without the need for a local sponsor. It is aimed at stimulating economic growth, promoting innovation, and enhancing the UAE's position as a global business hub.
Key features of the Dubai Golden Visa:
- Long-term residency: The Golden Visa offers residency permits for either 5 or 10 years, depending on the category and eligibility criteria.
- Gather Necessary Information: Collect all required information and data that will be needed to complete the documents. This may include personal information, business details, financial records, and any other relevant information specified by the authorities.
- Multiple entry visa: Golden Visa holders can enter and exit the UAE multiple times without the need for additional visas.
- No local sponsorship required: Unlike traditional residency visas in the UAE, the Golden Visa does not require a local sponsor (such as an employer or family member).
- Eligibility criteria: The program is typically open to investors, entrepreneurs, high-skilled professionals, researchers, and outstanding students. Each category has specific criteria and requirements.
- Investment options: Investors may qualify for the Golden Visa by making certain investments in the UAE, such as in real estate, business setup, or certain financial investments.
- Renewal and extension: Golden Visas are usually renewable, subject to certain conditions and requirements, allowing individuals to maintain long-term residency in Dubai.
- Access to services and facilities: Golden Visa holders are entitled to access various services and facilities in Dubai, including healthcare, education, and banking services.
It's important to note that the specifics of the Golden Visa program, including eligibility criteria, investment requirements, and application procedures, may vary over time and can be subject to change based on government regulations. Therefore, it's advisable to consult official sources or immigration authorities for the most up-to-date information before considering applying for the Dubai Golden Visa.
WHO CAN APPLY?
The UAE Golden Visa is designed to attract a diverse range of individuals who can contribute to the growth and development of the UAE’s economy and society. The program offers multiple categories, each with its own eligibility requirements. closer look at:
We need to utilize this one opportunity that the country has come forward for the upliftment of the country and to strengthen the industrial base. It can be said that it is one of the biggest thanks that we show to this country. Let's check if we can be a part of this opportunity, Let’s check the quality, and who can apply for the UAE Golden Visa
- Investors: If you’re looking to invest in the UAE, the Golden Visa offers an attractive option. Investors who invest in real estate, business, or financial assets in the UAE may be eligible for the Golden Visa. The minimum investment requirements vary from AED 5 million – AED 10 million depending on the type of investment and location, but it presents a unique opportunity for individuals looking to grow their wealth through strategic investments in the UAE
- Entrepreneurs: If you’re an aspiring entrepreneur, the UAE Golden Visa can be a gateway to establishing and growing your own business in the UAE. To be eligible, you need to establish a business in the UAE and fulfil the criteria for the size, turnover, and innovation of your business. This category is aimed at encouraging innovative and forward-thinking entrepreneurs who can contribute to the UAE’s thriving business landscape.
- Highly Skilled Professionals: The UAE is known for its world-class infrastructure and cutting-edge industries. Highly skilled professionals with specialized skills or expertise in fields such as science, technology, engineering, and arts may qualify for the Golden Visa. You need to demonstrate a proven track record of excellence in your field and be able to contribute to the UAE’s economic growth through your skills and expertise.
- Outstanding Students: The UAE is home to renowned educational institutions, and the Golden Visa recognizes and rewards outstanding students. If you’re a student with exceptional academic achievements and enrolled in a UAE-based educational institution, you may be eligible for the Golden Visa. This category aims to retain top talent and provide opportunities for young achievers to contribute to the UAE’s knowledge-based economy.
It’s important to note that the eligibility criteria for the UAE Golden Visa may change over time, and it’s essential to consult with a qualified professional or the relevant UAE government authorities for the latest and most accurate information.
REQUIREMENTS:
Requirements For Golden Visa: Here we are mentioned with categories for the Golden visa processing and requirements:
- Golden visa for Investors
Foreign investors who invest in real estate or public investments are given the golden residence permit, which has a 10-year residency limit but is extendable under the same conditions.
- A copy of the passport.
- The trade license with the partners appendix.
- The financial report of the establishment or a number of establishments for the last year.
- A certificate from the free zone that includes all the investor's financial data.
- A bank statement of the establishment for the last (6) six months.
- The registration document from the Federal Tax Authority, and that the company’s transactions are not less than 100,000 annually.
- Ownership of the property (if any).
- Deposit Investor:
1. A copy of the passport.2. Bring proof of ownership of a financial deposit of not less than (2,000,000) two million dirhams in a bank in the country. It may be in the form of investment bonds or sukuk.3. Proof of residence in the Emirate of Dubai.
- Real estate investor:
1. A copy of the passport.2. Ownership of one or more properties with a value not less than (2,000,000) two million dirhams.
- Tax collection investor:
1. A copy of the passport.2. A letter from the Federal Tax Authority stating that he is a partner in one or several establishments and pays the tax to the government, and his contribution to the tax is not less than 250 thousand dirhams annually.3. The trade license with the partners appendix.
- TERMS AND CONDITIONS:
An Investor in an Investment Fund:An investor in an investment fund is granted a Golden Visa for a period of (10) years without a sponsor if one of the following conditions is met:1- Submission of a letter from an investment fund accredited in the UAE stating that there is a deposit of AED (2) Two Million.2- Or submission of a valid commercial license or industrial license with investor’s Memorandum of Association of his/her company provided that the investor capital is not less than AED (2) Two Million.3- or submission of a letter from the Federal Tax Authority stating that the investor is the owner of a company that pays the government no less than AED (250) Two Hundred And Fifty Thousand Annually.4- Applications by the submission of other types of licenses are not accepted, only commercial or industrial licenses are approved.5- In case the license is issued from free zones or special development zones, a “To Whom It May Concern Certificate” issued from the relevant free zone authorities is required.6- Conditions for granting a Golden Visa to family members of an investor:The family members of the investor stated in the Cabinet Resolution (husband or wife and children from the category of unmarried daughters and unmarried sons) are granted a Golden Visa for a period of (10) years.
Senior Employees of an Investor in Public InvestmentsThe executive director or the advisor appointed by an investor in public investments is granted a Golden Visa for a period of (10) years without a sponsor and for one person only, according to the following conditions:1- Submission of a letter from the Investor in public investments stating that the executive director or the advisor has been appointed for a period of (10) years.2- Conditions for granting a Golden Visa to family members of an Executive Director or an Advisor:The family members of the Senior Employee of the Investor in Public Investments stated in the Cabinet Resolution (husband or wife and children from the category of unmarried daughters and unmarried sons) are granted a Golden Visa for a period of (10) years.