What is golden visa ?
The UAE's Golden Visa program was indeed introduced in 2019 to attract foreign investors, entrepreneurs, highly skilled professionals, and other talents to contribute to the country's development. The program offers long-term residence visas, typically valid for 5 or 10 years, to eligible individuals.
Who's eligible to apply for a Golden Visa?
- 10 years of extended residency for you and your family, providing stability.
- No requirement for frequent entry to maintain residency, offering freedom.
- Family sponsorship, allowing unity and sponsored personnel.
- Access to top-tier healthcare and education facilities.
- Tax advantages such as exemptions from personal income tax and more.
- Access to esteemed UAE banks for opening accounts and online banking services for international transactions.
Property Owner
- Invest in real estate valued at a minimum of AED 2,000,000. This investment can be in one or multiple properties.
- Spouses can jointly invest in the property, enabling both to qualify for the Golden Visa.
- You can finance the investment through a mortgage, but ensure a down payment of at least 50% is made.
- Gather all necessary documentation, including property purchase agreements, proof of payment, and any mortgage agreements if applicable.
- Submit your Golden Visa application along with the required documents to the relevant authorities in the UAE.
- Once your application is submitted, await approval from the authorities. Upon approval, you and your family members will be granted the Golden Visa, providing long-term residency in the UAE.
Invest AED 2,000,000 in a UAE bank
- Invest 2,000,000 AED or more in real estate. This investment can be in one or multiple properties.
- Consider involving a spouse in the investment, as spouses can jointly participate in one property to meet the investment threshold.
- Explore the possibility of financing the investment through a mortgage. Ensure a down payment of at least 50% is made, as per the visa requirements.
- Collect all necessary documentation related to the property purchase, including purchase agreements, payment receipts, and mortgage agreements if applicable.
- A Once the application is submitted, await approval from the authorities. Upon approval, you and your family members will be granted the Golden Visa, providing long-term residency in the UAE.
Golden Visa as a manager in a UAE company
- Ensure your monthly salary is at least 30,000 AED.
- Obtain a bachelor's degree certificate and have it attested by the UAE Ministry of Foreign Affairs (MOFA). Additionally, acquire an equivalence certificate if your degree is from a foreign institution.
- Provide a 6-month bank statement to demonstrate financial stability.
- Hold an active UAE employment visa.
- Submit the Golden Visa application along with the required documents to the relevant authorities in the UAE through your employer's sponsorship.
- Await approval from the authorities. Upon approval, you and your family members will be granted the Golden Visa, providing long-term residency in the UAE.