Long-term residence visas in the UAE

This Visa enables foreigners to live, work and study in the UAE without the need of a national sponsor and with 100 per cent ownership of their business on the UAE’s mainland. These visas will be issued for 5 or 10 years and will be renewed automatically.

Categories

Investors

Investors who make public investments of at least AED 10 million

Entrepreneurs

Entrepreneurs those having an existing project with a minimum capital of AED 500,000, or those who have the approval of an accredited business incubator in the country.

Specialized talents and researchers

All categories are required to have a valid employment contract in a specialised field of a priority in the UAE in various fields of science and knowledge.

Outstanding students

Having minimum grade of 95 per cent in public and private secondary schools University students within and outside the country having a distinction GPA of at least 3.75 upon graduation

Real Estate Investor 5 Years Visa (Dubai)

This investor can apply for a visa where the value of their residential unit equals or exceeds five million Dirhams (AED 5,000,000).

The property must be fully paid, cannot be purchased with a mortgage, not bought with any loans or financing, and the investment must be retained for a period of at least 3 years.Those with this visa can also sponsor their family and dependents.

Documents Required :

  • Title deed
  • Passport copy
  • Personal photograph
  • Current residency or visa copy
  • Health Insurance

Getting a Dubai Golden Visa is considered as a big a privilege for any individual. Golden Visa offers many rights and benefits. Obtaining a Golden Visa is a significant achievement for foreign investors looking to do business in Dubai. The Golden Visa is a generous authentic document presented to foreigners by the UAE government with the utmost courtesy and friendliness. This allows foreign investors to set up a company, industry, business, stay, work, study, etc in the UAE with 100% business ownership.

Getting Golden Visas for any foreign national (male/female) is a great revolution and a big achievement. The UAE government has set a deposit of 5 million dirhams for a five-year visa. Emirates also require that investments be maintained for at least three years. There are two primary types of Dubai Golden Visas issued by the UAE government. Its duration is 5 years and 10 years, with a fee of 5 years and 10 years for a Golden Visa: AED 4850.In addition, you will have to pay AED 150 for application costs and AED 1000 for insurance. That means you have to pay a total of AED 6000. But, ultimately the validity of a 5 year or 10 year Golden Visa is decided by the UAE government. Can a person who has obtained a UAE Golden Visa obtain citizenship in the UAE? Most recently in January 2021, to be precise, the UAE government announced that it intends to begin the process of granting citizenship to the UAE on the back of their investment plan for selected investors and specialized professionals (not all). The Golden Visa program will allow such persons to establish dual citizenship if they meet the specific requirements and criteria of the government.

Many high-ranking officials are seeking Golden Visas; this includes mangers, CEOs, and specialists in various fields. The United Arab Emirates have issued a notice expanding its “Golden Visa” eligibility to include such individuals. One thing that in family members in particular needs to know is whether they can sponsor their parents as they’re Golden Visa holders. Golden Visa offers numerous benefits and privileges, therefore there are no strict terms regarding sponsorship. As the permissible rights of the Golden Visa Sponsorship Visa category, spouses, children, parents and depended siblings will receive a variety of benefits depending on it.

There is no limit to the number of children a Golden Visa holder can sponsor. Boys up to the age of 18 can be sponsored, at the same time girls can be sponsored until their marriage. Special rights are granted to foreign investors, for those Golden Visas are revolutionary in every sense. Holders of Golden Visas can set up any types of company or business of their choice. They do not require sponsorship of a UAE citizen; the UAE is avoiding all outdated traditional laws and effectively utilizing the innovations required by the times at the government level. The Golden Visa is nickname given to international tax visa programs that allow any individual (especially foreign investors) to apply for full business, full rights, citizenship or permanent residency in a more efficient way than going the traditional route. The most commonly issued are two types of Golden Visas. They are the Portugal Golden Visa, the St. Kitts and Nevis Golden Visa respectively. The question of how one can apply for a Golden Visa is very relevant, individuals interested in applying for a Golden Visa can apply through the website of the Federal Authority for Identity and Citizenship.

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