GOLDEN VISA UAE

ATTAIN A UAE GOLDEN VISA THROUGH OUR SIMPLIFIED APPLICATION PROCESS.

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golden visa uae

In 2019, the UAE introduced a Golden Visa program aimed at attracting and retaining global professionals, investors, entrepreneurs and outstanding students. Our dedicated team is here to help you through the Golden visa application process smoothly, so that all of its rich benefits can be yours.

The advantages of obtaining a UAE Golden Visa include:

  • Long-Term Residency: The Golden Visa facilitates long-term residence in the UAE, giving people and businesses a solid foundation from which to grow.
  • 100% Company Ownership in the Mainland: The Golden Visa provides full ownership on the UAE mainland, providing entrepreneurs and investors with autonomy in business decisions as wells a sense of control.
  • Live, Work, and Study: The flexibility to live, work and study in the country offered by holders of that Golden Visa provides a comprehensive experience for people to immerse themselves within the buzzing UAE.

Our team makes the process of getting a Golden Visa go as smoothly and efficiently for you as possible, guiding assisting you every step along the way. Schedule a consultation with us today and take the first step down an enriching road of long-term residency, business ownership, and cultural satisfaction in UAE. Don’t miss out on all these great opportunities available to you through your Golden Visa!

MUST KNOW

The standard processing time for the Golden Visa application is typically 2 to 4 weeks, depending on additional requirements.

Our Golden Visa UAE Services

Client assessment

Our team will evaluate your profile, assess your eligibility for the Visa programs, and guide you through the entire process, outlining all the requirements involved.

Documentation

We will help you gather, prepare, and submit the necessary documents, including the following:

Standard requirements

  • Copies of your passport, visa and Emirates ID card.
  • Employment contract in accordance with UAE labor laws.
  • Income verification through a salary certificate or confirmation letter.
  • All educational certificates, attested and legalized by the UAE Ministry of Foreign Affairs.
  • Six months statements from your personal bank account.
  • If applicable, proof of property ownership on title deed.
  • Endorsement letter from your employer or a notable individual attesting to what you have done for your industry. For example, the UAE economy.
  • Updated resume or LinkedIn profile.
  • Articles and features on your professional accomplishments, business or contribution to the economy of UAE.

Existing UAE residents on a non-Dubai visa

It requires a fixed deposit of AED 2 million for two years with no option to withdraw and not even maintained in an external account from any local bank. That will require a letter of confirmation from the bank. However, immigration authorities have informed us that if the deposit is withdrawn or encashed then the visa will be cancelled as a matter of course.

Existing UAE residents on a Dubai visa (company owners/investors)

  • Bank statements show cash movements of around AED 2 to 3 million in the accounts.
  • All corporate documents such as the license and share certificate.
  • More than 3 years’ tenure in the post of CEO is required for people holding this position.
  • Company executives must have a minimum of 5 years in the executive position.
  • Submitting office lease or Ejari.
  • Audited financial statements.
  • The license of the auditing firm is a copy.

Comprehensive Guide: Golden Visa UAE – Everything You Need to Know

Picture yourself with your dream of launching a business coming true, not just in some foreign town anywhere but at one where it is always summer and the beaches are breathtaking. Sounds appealing, doesn’t it? Now, imagine a case where this overseas city forgives you of your debt. Even better! Well, here’s the best part: you don’t have to imagine. It’s exactly what the United Arab Emirates can provide.

The only prerequisite for this attractive opportunity is to obtain a UAE Golden Visa, which will guarantee your long term residence here. This visa not only opens the way to that amazing life style for which UAE is famous, but it also provides a tax friendly environment in which you can pursue your own business.

Do not let this opportunity slip by to make your business dreams real in a city renowned for its grandeur and pro-business environment. The UAE Golden Visa is your gateway not just to do business but also enjoy the perfect combination of luxury, sunshine and tax benefits. So, let that dream come true today For you and your business.

What’s a Golden Visa in the UAE?

We welcome you to our guide, covering everything that will be of interest in the UAE’s famous Golden Visa. Read on and find out how to make your dream of living, working and prospering in the UAE into a reality.

What is the Golden Visa in UAE?

Standing out from many other international Visa programs, UAE’s special Golden Visa offers a 10-year visa to the eligible candidate. It not only gives long-term residency but also provides a number of attractive privileges that the typical residence visa program does not.

The Golden Visa program, introduced in 2019 to attract talented foreigners and retain those already there by offering permanent residence in a tax-friendly environment. The program also sought to promote business itself, helping the economy of the UAE grow.

The Success of the Strategy: A Thriving Community

As of the end of last year, 44,000 Dubai residents had obtained long-term residency under Golden Visa. The program has likely contributed in some way to the UAE’s relatively robust performance amidst the covid-19 pandemic, and continues strengthening its international image by making it a desirable place for people not only live or work but to launch new enterprises as well.

As for the Golden Visa program, it is designed to attract potential entrepreneurs, investors and those people with very high abilities in a particular area of expertise. In fact eligibility has been extended not just for medical professionals or engineers but also researchers and university students who have done exceptionally well during their studies as well.

Golden Visa Residency is granted for ten years and, in some cases the visas are automatically renewed. This feature in particular brings huge convenience for those who are not fond of bureaucratic procedures, as it shows that the UAE government is serious about reducing red tape surrounding visa applications. Only those who have ever struggled through the difficulties of obtaining foreign visas will appreciate how much more convenient such simplified procedures are.

The benefits of a UAE Golden Visa

The Golden Visa lives up to its name: it really is the gold standard for long-term residence visas. In the sunshine of year-round summer, with ultramodern infrastructure and beautiful beaches, the UAE government has carefully crafted a program involving many attractive perks to bring in talent from around the world.

Do Away with the Local Sponsor Requirement

Golden Visa holders are allowed to live, study and work in the UAE without having first needed to find a local sponsor. That’s an important advantage, particularly for those already familiar with the difficulties and time-consuming process of finding a local sponsor. Living in the UAE becomes even more attractive by eliminating entirely the requirement to have a national sponsor.

Complete Ownership of Your Business

Another big plus for the Golden Visa is allowing 100 % foreign ownership of a business in the UAE. This is a huge departure from the previous condition that foreigners had to have an Emirati national as partner who would own part of the company. The Golden Visa removes such logistical obstacles, allowing qualified foreign entrepreneurs and businessmen as well as investors to enjoy the full ownership of their businesses.

Including Others on Your Visa

Golden Visa holders are entitled to have their family members, business partners or associates included in the visa under certain conditions. This function streamlines the visa process for relatives and business associates, perhaps saving a boatload of paperwork at one stroke.

Free Travel to and from the UAE

Golden Visa holders can enter and exit the UAE as they wish. As with the UAE citizens, they may go and see relatives or perform foreign business meetings as often as frequently. Lacking travel restrictions affords a certain amount of flexibility and convenience for Golden Visa holders.

In the subsequent parts of this guide, we will explore in detail how to apply for Golden Visa, and your chances of getting one. There is a step-by-step roadmap to convert your dreams into reality.

Golden Visa Programs Across Various Emirates: Abundant Benefits

Golden Visa programs across the Emirates offer a myriad of benefits for individuals and families, in many different fields. In terms of considering citizenship, it is important to carefully evaluate all visa options.

Dubai

Golden Visa holders in Dubai are blessed with unique privileges, based on their category including the issue of an Esaad Privilege card. This card is an exclusive benefit, presented at no charge, for holders of Golden Visas in Dubai.

People who have driving licenses from another country and a Golden Visa can take the UAE driver’s license test in Dubai without requiring any special classes for getting one. Furthermore, if Golden Visa holders have a license issued by one of the 32 approved countries they are eligible for an automatic UAE driver’s licence.

Dubai’s exceptional international students, together with their families, may be awarded a 10-year residency visa. Those expatriate students who came under this category could also enjoy discounts at international universities throughout Dubai.

Abu Dhabi

The Resident’s Office also provides Golden Visa holders with a plethora of offers and discounts on real estate, health, hospitality services as well cars, insurance and banking in Abu Dhabi.

Through commercial tie-ups with the Abu Dhabi Resident’s Office, Golden Visa holders in Abu Dhabi can enjoy discounts on certain properties from Imkan Properties.

A number of banks including the Abu Dhabi Commercial Bank and First Abu Dhabi Bank provide Golden Visa investors in real estate with reduced mortgage fixed-interest rates. Attractive interest rates are also offered on savings accounts to non-real estate investors.

In Abu Dhabi, Golden Visa holders can enjoy discounted rates at gyms and spas along with free stays at selected hospitality establishments. They also receive discounts on cars, preferential reservations for new versions, special payment terms and maintenance services as well as licensing work.

Another significant benefit for Golden Visa holders in Abu Dhabi is the entitlement to reduced premiums on annual health insurance packages for both families and individuals.

These enticing benefits reflect the commitment of the UAE to attract and retain top talent, offering a lifestyle that goes beyond the conventional advantages of residency. As you explore Golden Visa options, considering these additional perks adds another dimension to the appeal of securing long-term residency in the Emirates.

Is My Eligibility for a UAE Golden Visa Confirmed?

Recently, the UAE government widened its Golden Visa eligibility criteria so it is more easily attainable by people around the world. Nonetheless, it is important to be clear that the principal purpose being served by Golden Visa is promoting business development. Aiming to nurture a skilled workforce and stimulate the economy, the government seeks people of certain caliber. Thus, the qualifications for Golden Visa are still very precise.

If your conditions match those specified or if you do not meet the criteria laid out for your class, then it is very likely that approval of your Golden Visa application will be granted.

The primary groups eligible to apply for residency in the UAE under the Golden Visa program include:

  • Investors
  • Specialists with talents, as well as researchers in the various fields of science and knowledge
  • High-level executives
  • Athletes
  • Experts in the fields of engineering and science
  • creative personalities, as well artists and other people concerned with culture
  • Inventors
  • promising scientific abilities, outstanding students.

    Within each of these categories, individuals who apply for the Golden Visa must meet different conditions and criteria in order to make a successful application. The following section will take a look at some of these prerequisites.

Investors

In this category, applicants must invest in a property with a specific value or set up business there. It should make a major contribution to the economic development of the country.

Holders of Specialized Talents and Researchers

Those with outstanding skills, talents or expertise in areas such as science and knowledge can apply. Other researchers who have achieved significant breakthroughs in their respective fields can also apply.

High-Level Executives

Golden Visa is for top executives, CEOs and people of similar standing in prominent enterprises.

Athletes

A person is eligible for a Golden Visa if he or she has reached the pinnacle of their sport and have high achievements.

Specialists in Engineering and Science

Those with advanced degrees and professional experience in the fields of engineering or science can apply for Golden Visas.

Creative Persons and Those in Culture or Art

The Golden Visa can be applied for by artists, performers and cultural figures who have contributed to the United Arab Emirates.

Inventors

Golden Visa is awarded to individuals with patents for important inventions.

Outstanding Students

The Golden Visa, which is only available to exceptional students with promising scientific abilities, provides UAE businesses a pool of potential talent.

Knowing the exact criteria for each category is required to have a successful Golden Visa application. This flexibility in criteria for eligibility shows the UAE’s determination to attract talented people of many kinds and thus promote economic development through it Golden Visa program.

The Process of Applying for a Golden Visa in the UAE

The procedures for obtaining a Golden Visa differ and depend on your profession as well as the application category under which you are applying. The next section will address the respective needs of each class of professional. However, the fundamental steps you need to follow to apply for a UAE Golden Visa are as follows:

  • Fill out the application form under which category you want to apply, and get together your supporting documents.
  • Upload the documents and pay the fees applied.
  • Waiting for specific information about the status of your application, which may take up to 30 days.
  • If the application is successful, and you now have a UAE visa, please cancel it.
  • Bring your passport when applying for a Golden Visa. Later, you will obtain the new visa by stamping it on your passport.

These steps give you an outline of the application process, but be aware that according to your professional status various required documents may differ. The next portion will go into the particular needs for each group, providing a complete guide in line with your actual situation. Knowing and implementing the detailed criteria for your profession will increase not only the speed of but also the success rate in applying Golden Visas.

Which Individuals Are Eligible to Apply for a UAE Golden Visa?

Assessing Eligibility for a UAE Golden Visa:

Investor Category


You need to meet certain requirements if you want to ascertain whether or not you qualify for a UAE Golden Visa under the Investor category. Below are the criteria for individuals classified as commercial investors in an investment fund:

Requirements:

  • The company audit, including the financial report for last year.
  • Commercial-industrial (duplicate license and partners’ list).
    Residence photo.
  • Company account statement for the last three months (including VAT returns).

Note:

Licenses accepted are only from the Emirate of Dubai (commercial or industrial).
Where the license is from free zones or special development zones, one must provide a ‘To Whom It May Concern Certificate’ signed by relevant zone authorities.

Investor in a Deposit Fund (Investment Fund)

Requirements:

  • A letter from the bank written in Arabic, verifying that the deposit has been made. The letter must explicitly specify that the warranty will remain valid for at least two years. In addition, it should indicate that any early deposit withdraw will be communicated to the General Directorate of Residency and Foreigners Affairs Dubai.
  • Residence photo.
  • Rental lease.
  • Occupation when applying – not specified

Investor in a tax return investor fund. (tax return investor) 

Requirements:

  • A communication from the Federal Tax Authority.
  • a copy of the license and
  • list of partners.
  • Residence photo.
  • Occupation when applying – not specified.
  • Given profession – investor.

Specialized Talents and Researchers in Various Fields of Science and Knowledge:

Owners Doctors

Requirements:

  • Arabic certificate of practicing a profession from the Health Authority ( Ministry of Health-Dubai Heathcare City).
  • The labor card of the Ministry for Human Resources and Emiratisation or a certificate awarded by one of the agencies affiliated with General Directorate of Residency and Foreigner Affairs & Free Zones.
  • A photo of the residence.
  • Occupation at time of applying, as shown on the license certificate.
  • Granted the license, thus is the profession.

Scientists

Requirements:

  • Certificate of Recommendation from the Emirates Scientists Council or Secretariat as award recipient Medal for Academic Excellence.
  • A copy of the passport.
  • Occupation when applying – not specified.

Creative Individuals and Cultural and Artistic Personalities

Requirements:

  • Recommendation letter from the Culture and Arts Authority.
  • A copy of the passport.
  • Occupation when applying – not specified.
  • The profession is awarded as per the letter of recommendation.

Inventors

Requirements:

  • Recommendation letter from the Ministry of Economy.
  • A copy of the passport.
  • Occupation when applying – not specified.
  • The profession is awarded as per the letter of recommendation.

Requirements for High-Level Executives (General Manager, Executive Director, Chairman of the Board of Directors):

  • Obtain a Company NOC letter for the golden visa, explicitly stating a 5-year term of service in the roles of General Manager, Executive Director, or Chairman of the Board of Directors.
  • Hold a Bachelor’s degree or higher, with the certificate duly certified by The Ministry of Education.
  • Provide a monthly salary certificate reflecting earnings of AED 30,000 or more.
  • Present a valid work contract specifying the profession and salary, aligning with the roles of General Manager, Executive Director, or Chairman of the Board of Directors.
  • Furnish a personal account statement covering the last six months.
  • Indicate the occupation upon application as either General Manager, Executive Director, or Chairman of the Board of Directors.
  • The profession awarded should be Executive Director.

Requirements for Athletes

  • Secure a recommendation letter from one of the sports councils or the General Authority for Sports.
  • Submit a copy of the passport.
  • Specify the occupation upon application (not specified).
  • The awarded profession will be defined based on the letter of recommendation received.

Requirements for Specialists in the Fields of Engineering and Science:

  • Possess a Bachelor’s degree or higher, certified by the Ministry of Education, or provide a degree equivalency letter if the certificate is from a foreign country.
  • Submit a copy of the residence.
  • Present an employment contract for a profession within the following specializations: Epidemiology Viruses, Artificial Intelligence, Big Data, Computer Engineering, Electronics Engineering, Software Engineering, Electrical Engineering, Genetic Engineering, and Biotechnology Engineering.
  • Specify the profession upon application according to the approved major, with a preference for higher qualifications.
  • The awarded profession will be determined based on the specific specialization.

Requirements for Exceptional Students with Promising Scientific Abilities (Graduates of 2019 – 2020 and beyond):

  • Provide a recommendation from the Ministry of Education, ensuring confirmation via text message.
  • Submit a copy of the residence permit (Emirate of Dubai).
  • Include a copy of the passport.
  • Occupation upon application should be specified as “not specified.”
  • The awarded professional will be recognized as an “Outstanding Student.”

Embark on a New Chapter With a Golden Visa in the UAE

Take an excursion into a land of eternal sunshine, high life, and intriguing business opportunity seeking UAE’s Golden Visa. This distinguished program with 10-year visa options may well provide you the key to a great opportunity!

If it turns out that you do indeed satisfy the requirements for a UAE Golden Visa, now is certainly the time to get started. Speak with our Dubai-based company formation specialists at GCS Group today. We are here to accompany you through the simple process of applying for your Golden Visa and starting a business in this country using our user-friendly interface.

We recognize the importance of this special window for you and what it might mean to your personal development. Our professionals are at your service to help guide you timely and smoothly through the Golden Visa application process, unlocking a more fulfilling life in UAE. Do not lose this opportunity to enjoy a life of sun and luxury, or find your fortune. Just call us right now!

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