UAE Golden Visa

Since its launch in 2019, the UAE Golden Visa system has created quite a stir among some groups of expatriates hoping to gain permanent residency in the UAE.
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Reasons to Apply Golden Visa

Foreign nationals can live, work, conduct business, and study in the UAE without the need for a national sponsor under the Golden Visa system. Foreign business owners and investors are also permitted to own 100% of their companies in the UAE. These visas will be valid for five or ten years and will be automatically renewed.
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Here’s all you need to know about the Golden Visa UAE, including current requirements, benefits, and the application process.

What exactly does the Golden Visa provide?

The Golden Visa system essentially grants long-term residency (5 to 10 years) to people who fall into the following categories: investors, entrepreneurs, individuals with exceptional talents such as researchers, medical professionals, and those in the scientific and knowledge fields, and exceptional students. The golden visa is especially important for Masdar City, the region’s centre for research and development of sustainability-focused innovation and technology.
The Dubai General Directorate of Residency and Foreigners Affairs (GDRFA) has began implementing the previously announced 24-hour ‘You are Special’ service. Among others, the programme strives to assist Golden Visa holders.
The greatest advantage would most likely be security; by issuing the Golden Visa, the UAE government has made it obvious that they are committed to giving expatriates, investors, and anybody else wishing to make the UAE their home an additional reason to feel comfortable about their future.
What are the eligibility conditions for the Golden Visa?
The requirements differ depending on the organisation, but they are all dependent on the persons adhering to the terms and conditions of the Golden Visa.
Visa eligibility requirements for ten years : 
  • Investors Having at least AED 10 million in public investment, either through an investment fund or a company
  • A minimum of 60% of the total investment must not be in the form of real estate.
  • The amount invested cannot be loaned, and in the case of assets, investors must acquire full ownership.
  • The investor must be able to keep the investment for at least three years.
  • This 10-year visa can be extended to include business partners if each partner invests AED 10 million. The holder’s spouse and children, as well as one executive director and one advisor, may be included on the long-term visa. This visa can also be extended.
Individuals with specific skills and expertise
Doctors, researchers, scientists, investors, and artists are among those included under the specialised talents group. Following accreditation from their respective departments and fields, these persons may be given a 10-year visa. Their spouses and children are also eligible for the visa.
Doctors In “honour of their efforts and sacrifices,” the UAE will provide doctors, the first line of defence, long-term residency.
All doctors licenced by the UAE’s health regulatory agencies can apply for the Golden Visa through the website between July 2021 and September 2022.
In their various fields of practise, doctors and specialists must meet at least two of the following requirements:
  • A PhD from one of the world’s top 500 universities.
  • A PhD and ten years of professional experience in the applicant’s specialty are required.
  • An recognition award in the applicant’s line of work.
  • Contribution to significant scientific research
  • Published articles or scientific books in prestigious journals.
  • Membership in a field-related organisation.
  • Specialization in priority areas for the UAE.
  • For doctors who want to apply for visas in person, seven centres associated with the Federal Authority for Identity and Citizenship have been created around the Emirates.
  • Coders
  • Entrepreneurs
  • Students Who Excel
  • The coveted Golden Business Visa
Coders of all nationalities and ages, whether UAE citizens or non-residents, can apply for the UAE Golden Visa through the UAE Government’s Office of Artificial Intelligence or the Federal Authority for Identity and Citizenship.
Eligibility for the application includes:
Distinguished specialists and talents who have achieved success in a variety of coding fields
Those who work for cutting-edge multinational technical companies
Software engineering, computer science, hardware engineering, information technology, artificial intelligence, data science, big data, and electrical engineering graduates
Google, Microsoft, Amazon, Cisco, IBM, HPE, LinkedIn, Nvidia, and Facebook have all joined together to start the plan.
Visa eligibility requirements for 5 years
Investors in real estate
The conditions for the 5-year visa are substantially the same as those for the ordinary investor visa. The only difference is that the required investment is fixed at AED 5 million.
Entrepreneurs are interested in obtaining a five-year resident visa in the UAE. The eligibility conditions include having an existing enterprise with a minimum capital of AED 500,000 or having the permission of a country-accredited business incubator.
Entrepreneurs are granted a six-month multi-entry visa, which is valid for another six months. The spouse and children, a partner, and three executives are all included in the long-term visa.

Outstanding high school and university students can apply for a 5-year resident visa in the UAE. Students from top high schools in the country (minimum grade point average of 95%) and students from select institutions with a GPA of 3.75 or above upon graduation. Long-term visas are also available to the families of outstanding students.

In addition to the foregoing, international nationals seeking to establish a business in the UAE may apply for permanent residency (5 years) under the Golden Business Visa scheme. To apply, simply go to the aforementioned electronic portal and complete the processes outlined above.

FAQ's Section:

01
How can I apply for a Golden Visa to the UAE?

All interested persons who wish to apply for the Golden Visa may do so online through the ICA smart services platform. Candidates must provide the appropriate paperwork and be willing to relocate to the UAE in accordance with their business endeavour to begin the process.

02
How much does the UAE Golden Visa cost?
The prices for the 5-year and 10-year UAE Golden Visas are AED 650 and AED 1,150, respectively.
What are the advantages of obtaining a UAE Golden Visa?
03
What are the advantages of obtaining a UAE Golden Visa?
Abu Dhabi
Golden visa holders in Abu Dhabi are being granted specific commercial incentives in order to attract investment in the Emirate. The following are the perks of the Golden Visa in Abu Dhabi, according to the Abu Dhabi Residents Office, a section of the emirate’s Department of Economic Development:
In Abu Dhabi, Golden Visa holders will be eligible for discounts and special deals on vehicles, real estate, health care, hotels, health insurance, and financial services.
Banks such as Abu Dhabi Commercial Bank and First Abu Dhabi Bank will provide reduced mortgage fixed-interest rates to real estate golden visa investors, as well as attractive savings account rates to non-real estate investors.
Holders will also be eligible for lower prices on annual health insurance policies for families and individuals, with a comprehensive network coverage and a package of benefits both inside and outside the UAE.
Golden visa holders will also be eligible for automobile price reductions and priority booking for new releases, as well as unique payment options, maintenance incentives, and licencing services.
They will enjoy special offers for meals, spa treatments, gyms, and hotel stays at select Abu Dhabi hospitality spots.
Dubai
According to the authorities, foreign residents in Dubai with a golden visa and a driving licence from their home country can now take the UAE driver’s test without taking additional training.
Furthermore, if the golden visa holders have a driver’s licence from one of the 32 approved countries, which include the United States, the United Kingdom, Australia, Italy, Saudi Arabia, South Africa, Spain, New Zealand, Qatar, Kuwait, and Ireland, they will be automatically eligible for a UAE driver’s licence.
04
Can Golden Visa holder stay outside UAE?

This rule applies to regular resident visa holders but not to golden visa holders. A gold visa holder is allowed to leave the UAE for more than 180 days per year.

05
Can I work with UAE Golden Visa?
In 2019, the UAE implemented a new system for long-term resident visas. Foreigners can now live, work, and study in the UAE without the need for a national sponsor, and they can own their enterprises on the UAE’s mainland.
06
What is criteria for Golden Visa UAE?

The invested sum cannot be loaned. At a least, the investment should be maintained for three years. Financial solvency should be assured up to AED ten million. Visas can be extended to include business partners with a minimum contribution of AED 10 million from each partner.

07
What is the duration of the UAE Golden Visa?

This visa permits foreign nationals to live, work, and study in the UAE without needing to be sponsored by an employer. These visas have a validity period of five to ten years and can be automatically renewed.

08
What are the benefits of UAE Golden Visa?

They will be eligible for discounts and special deals on automobiles, real estate, health care, hospitality, health insurance, and financial services. To attract investment in the emirate, golden visa holders in Abu Dhabi are being provided specific commercial incentives.

09
What is the benefit of Dubai Golden Visa?

The main benefit of the visa will be security, as the UAE government has made it clear through the issuance of the Golden Visa that it is committed to providing expatriates, investors, and essentially anyone looking to make the UAE their home with an additional reason to feel secure about their future.

10
Can Golden Visa holders sponsor parents?

Depending on the visa category, the Golden Visa can be extended to include the sponsorship of spouses, children, parents, and dependant siblings. The number of children who can be sponsored by the Golden Visa holder is unlimited.

11
How can I get 10 year Gold Visa in UAE?

Individuals with specific skillsets like Doctors, researchers, scientists, investors, and artists are among those included under the specialised talents group. Following accreditation from their respective departments and fields, these persons may be given a 10-year visa.

12
How much does Dubai or UAE Golden Visa cost?

AED 4850 for a 5-year or 10-year golden visa. You must also include in AED150 for application fees and AED1000 for issuance.

13
Is Dual Citizenship Allowed in UAE

Those who are granted UAE citizenship will be permitted to keep their current citizenship, according to the UAE’s new citizenship law. As a result, the UAE allows for dual citizenship; simply check with your country of origin.