How to Get the UAE Golden Visa: Everything You Need to Know

Most important amendments to the UAE citizenship law were announced in February 2021. As part of the UAE Golden Visa, the government will permit naturalization for eligible investors and individuals with exceptional talents, as well as their families.

For investors and exceptional talent, the UAE Golden Visa offers a long-term residency possibility. We will address your inquiries about the prerequisites and how to obtain UAE citizenship in this post.

Dubai Golden Visa:

The UAE Golden Visa, also called the Dubai Golden Visa, is a long-term resident visa that permits skilled foreigners and investors to live, work, and/or study in the United Arab Emirates.

Benefits of Having a Golden Visa in Dubai:

• The Dubai Golden Visa is a self-sponsored visa, meaning no employer sponsorship is necessary.

• With the Golden Visa UAE, you can prolong your stay outside the UAE beyond the regular six-month maximum while still maintaining the validity of your residence visa

• You can include your spouse and children, regardless of age.

• You do not require a separate work or employment permit to work in the Emirates.

• You can receive government-provided health, education, and other services.

• Visa-free travel is available in 133 countries, with visas on arrival in 47.

• The expanding real estate market allows non-UAE residents to access high-value investment opportunities.

• Golden Visa holders are not required to pay income tax. Furthermore, the government has double taxation treaties with other countries. As a result, you will not be taxed on the same income.

Who can Obtain a Golden Visa in Dubai? :

Dubai offers the Golden Visa to individuals who meet certain qualifications across various categories. Here are the main groups eligible:

1. Investors
2. Entrepreneurs
3. Exceptional Talents
4. Scientists & Researchers
5. Skilled Professionals
6. Outstanding Students & Graduates
7. Humanitarian Pioneers
8. Frontline Heroes

Requirements for Dubai Golden Visa

• based on the type of residency being sought—investor, talent, entrepreneur, etc.—different conditions apply for the UAE Golden Visa.

• In the United Arab Emirates, investors must make a minimum investment of AED 2 million, or USD 550,000.

• Entrepreneurs must have a minimum investment of AED 2 million and a history of profitable business endeavors.

• Talented people need to be endorsed by reputable international organizations, have relevant academic credentials, and have a track record of success in their profession.

• The Golden Visa is also available to executives, highly qualified professionals, and specialized expertise.

• In addition to meeting conventional requirements like having a current passport and a spotless criminal record, applicants must pass background checks.

• Since the goal of the UAE Golden Visa program is to draw in extraordinary people who can aid in the growth and development of the nation, the requirements may alter over time.

• In addition to encouraging diversity and innovation across a range of industries, the Golden Visa standards are designed to guarantee that candidates are highly qualified and contribute significantly to the UAE.

How to Apply for the UAE Golden Visa

Step 1: Obtain a UAE entry visa

You can obtain an entry visa prior to submitting your formal application if you require one in order to enter the United Arab Emirates. After the authority reviews your application, you will receive a six-month multiple-entry visa if it is accepted.

Step 2: Finalize Your Investment

Before submitting your application with all necessary supporting papers, finish your investment.

Step 3: Launch Your App

You can begin your application as soon as your investment is complete. The application can be submitted in Dubai or Abu Dhabi. Through the appropriate portal, you can also begin your application online.

Once you have completed this process, you will be notified via email and text message about the status of your application. 

You will have 30 days to supply the required documents if they are not included in your application; otherwise, your application will be refused.

If the application includes all required documentation, you will receive an email confirming its approval.

Validity of UAE Golden Visa:

Holders of the UAE Golden Visa may remain outside the country for as long as necessary without fear of losing their residency. This means you do not have to live in the UAE to keep your residence permit.

Renewal of The UAE Golden Visa

After you have your UAE Golden Visa, it will be valid for ten years. The next step is to renew your visa at least one or two months before it expires. 

Here’s how to renew your Dubai Golden Visa:

Submit your renewal application, together with any required documentation. These are listed as follows:

1. A copy of your passport, valid for at least six months.
2. A copy of your Golden Visa.
3. Emirates ID 
4. Health Insurance 
5. Certificate of Medical Fitness
6. Records about investments or businesses (for investos and entrepreneurs).
7. Provide proof of your present employment.
8. Pay the renewal price, which ranges from AED 5,000 to 10,000.
9. Once your renewal is approved, make sure you update your UAE ID.