The UAE Golden Visa is a prestigious program that offers eligible individuals the opportunity to obtain permanent residence with a 10-year visa in the United Arab Emirates. Unlike typical residence visa programs, the Golden Visa comes with a range of attractive privileges.

Launched in 2019, the Golden Visa program was designed to attract and retain foreign talent in a tax-friendly environment while promoting business development and boosting the UAE’s economy.

Since its launch, the program has been highly successful, with over 44,000 Dubai residents securing long-term residency through the Golden Visa by late 2021. This program has contributed to the UAE’s resilience during the pandemic and has enhanced its reputation as an appealing destination for living, working, and starting new businesses.

The Golden Visa program specifically targets entrepreneurs, investors, and individuals with exceptional talent in various fields. Eligible applicants may include medical professionals, engineers, researchers, and high-achieving university students.

The Golden Visa grants residency for ten years, and in certain cases, it can be automatically renewed, simplifying the visa application process for individuals who value efficiency and convenience. This approach reflects the UAE government’s commitment to streamlining procedures, alleviating the challenges often associated with applying for foreign visas.

The UAE Golden Visa program offers a range of benefits that make it an attractive option for individuals seeking long-term residency in the country. Here are some of the key advantages:

1. No Need for a Local Sponsor: Golden Visa holders are not required to have a local sponsor to live, study, and work in the UAE. This simplifies the residency process and eliminates the complexities associated with finding a sponsor, especially for those who are not employed by a local company or lack personal connections in the country.

2. 100% Business Ownership: One major advantage of the Golden Visa is that it allows visa holders to own 100% of their business operating in the UAE. Previously, foreign entrepreneurs and investors needed to partner with an Emirati national, which often involved sharing ownership. The Golden Visa program removes this requirement, providing greater flexibility and control for business owners.

3. Inclusion of Family Members and Associates: Golden Visa holders have the ability to include their family members in the visa, making the process easier and avoiding the need for separate visa applications. Additionally, under certain conditions, business partners or associates can also be added to the visa, facilitating smoother collaboration and minimizing paperwork.

4. Unlimited Travel: Golden Visa holders enjoy the freedom to travel to and from the UAE without any restrictions. Similar to UAE citizens, there are no limits on the number of trips or destinations, allowing for seamless travel for personal, professional, or recreational purposes.

These benefits, coupled with the UAE’s appealing lifestyle, modern infrastructure, and beautiful surroundings, make the Golden Visa program an enticing opportunity for individuals seeking long-term residency in the UAE.

To apply for a UAE Golden Visa, individuals from various professional categories must meet specific requirements. Here is a breakdown of the requirements for each category:

Investors:

1. Investor in an investment fund (commercial investor):

a. Company audit (financial report for the previous year)
b.License copy and the partners’ list (commercial-industrial)
c. Residence photo
d. Company account statement for the last 3 months (VAT returns)

2. Investor in an investment fund (deposit):

a. A letter from the bank stating the deposit amount, specifying that the deposit will not be broken until after two years, and reporting to the General Directorate of Residency and Foreigners Affairs in Dubai if broken
b. Residence photo
c. Rental lease
d. Occupation when applying is not specified

3. Investor in an investment fund (tax return investor):

a. A letter from the Federal Tax Authority
b. Copy of the license and the partners’ list
c. Residence photo
d. Occupation when applying is not specified
e. Given profession is investor
f. Owners of specialized talents and researchers in various fields of science and knowledge:

Doctors:

a. Certificate of practicing a profession in Arabic from Health Authority – Ministry of Health – Dubai Healthcare City
b. Copy of the labor card from the Ministry of Human Resources and Emiratisation or a certified work contract from relevant authorities
c. Residence photo
d. Occupation when applying is according to the license certificate
e. The profession granted is as per the license

 Scientists:

a. Recommendation letter from the Emirates Scientists Council or a letter from the Secretariat of Sheikh Mohammed bin Rashid Al Maktoum Award for Academic Excellence as a recipient of the Medal of Scientific Excellence
b. Copy of the passport
c. Occupation when applying is not specified
d. Creative people and people of culture and art:
e. Recommendation letter from the Culture and Arts Authority
f. Copy of the passport
g. Occupation when applying is not specified
h. The profession awarded is as per the letter of recommendation

Inventors:

a. Recommendation letter from the Ministry of Economy
b. Copy of the passport
c. Occupation when applying is not specified
d. The profession awarded is as per the letter of recommendation
e. High-level Executives (General Manager – Executive Director – Chairman of the Board of Directors):
f. Company NOC letter regarding the golden visa, stating a term of service of 5 years as a general manager, executive director, or chairman of the board of directors
g. Bachelor’s degree or higher (certificate certified by the Ministry of Education)
h. Monthly salary certificate of AED 30,000 or more
i. Work contract with the same profession and salary
j. Personal account statement for 6 months
k.Occupation upon application is General Manager, Executive Director, or Chairman of the Board of Directors
l. Profession awarded is Executive Director

Athletes:

a. Recommendation letter from one of the sports councils or the General Authority for Sports
b. Copy of the passport
c. Occupation upon application is not specified
Profession awarded is defined as per the letter of recommendation

Specialists in the fields of engineering and science:

a. Bachelor’s degree or higher certified or degree equivalency letter from the Ministry of Education (if the certificate is from a foreign country)
b. Copy of the residence
c. Employment contract for a profession in one of the specified specializations
d. Occupation when applying is according to the approved major
e. Profession awarded is determined by specialization

Outstanding students with promising scientific abilities (graduates of 2019 – 2020 and above):

a. Recommendation from the Ministry of Education (confirmation through text message)
b. Copy of the residence permit (Emirate of Dubai)
c. Copy of the passport
d. Occupation upon application is not specified

Are you ready to embrace a life filled with endless sunshine, luxurious living, and extraordinary business opportunities?

The UAE’s Golden Visa, offering a 10-year residency option, could be your pathway to a remarkable future.

If you believe you meet the eligibility criteria for a UAE Golden Visa, there’s no better time to take action and explore this incredible opportunity. Reach out to our team of knowledgeable experts in Dubai, specializing in company formation.

With our process, we’ll guide you through the seamless journey of obtaining a Golden Visa and establishing your business in the UAE. Don’t miss out on the chance to turn your dreams into reality.