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UAE Golden Visa
What is the UAE Golden Visa?
The UAE introduced the Golden Visa program in 2019, providing long-term residency options for foreign nationals who wish to live, work, and study in the country. This visa is part of Dubai’s initiative to attract more international talent and investment. The Golden Visa allows holders to enjoy several benefits, making it an attractive option for investors, entrepreneurs, and professionals from various fields.
Applications can be submitted through the General Directorate of Residence and Foreigners Affairs (GDRFA) or the Federal Authority for Identity and Citizenship (ICA). While GDRFA supports both online and offline applications, ICA accepts applications exclusively online.
Benefits of the UAE Golden Visa
The UAE Golden Visa offers a range of unique benefits that make it one of the most sought-after residency programs in the world. Some of the key advantages include:
1. Long-Term Residency: Holders of the Golden Visa can reside, work, and study in the UAE without needing a national sponsor.
2. Full Business Ownership: Golden Visa holders can fully own businesses within the UAE, a significant advantage for foreign investors.
3. Multiple Entry Visa: This visa allows for multiple entries and has a six-month validity period to complete the resident permit procedures.
4. Family Sponsorship: Residents can sponsor their spouse, children of any age, and even household staff, ensuring family security.
5. Extended Validity: Depending on the eligibility criteria, the visa offers 5- and 10-year options, making it a long-term solution for expatriates.
Eligibility Criteria for the UAE Golden Visa
To qualify for the UAE Golden Visa, applicants must belong to one of the following categories:
1. Investors: Individuals with significant investments in the UAE.
2. Entrepreneurs: Founders and leaders of innovative businesses.
3. Specialized Talent: Experts in science, medicine, research, or culture, including creative professionals like artists and innovators.
4. Students: Exceptional students with outstanding academic performance in high school or university.
Each category has specific requirements that applicants must meet to be considered for the Golden Visa.
Specific Eligibility Requirements for Golden Visa Applicants
Investor Visa Requirements
Investors must meet the following criteria for a 10-year residency visa:
* Public investments worth AED 10 million in the form of a company or investment fund.
* A commitment to maintain the investment for at least three years.
* The applicant must not rely on loans, and 60% of the investment can be in real estate.
Under this visa, investors can also sponsor their spouse, children, one chief executive director, and an advisor.
Specialized Talent Visa Requirements
Specialized talents, including doctors, scientists, and creative professionals, must have accreditation from their respective fields to apply. For example:
* Medical professionals need at least 20 years of clinical experience.
* Creative professionals in arts and culture must be accredited by the Ministry of Culture and Knowledge Development.
Partners and children of applicants are also eligible for the Golden Visa.
Golden Visa Requirements for Other Categories
1. Real Estate Investors: Real estate investors who invest AED 5 million in property can apply for a 5-year visa.
2. Entrepreneurs: Entrepreneurs with a minimum investment of AED 500,000 or with approval from a UAE business incubator are eligible for the Golden Visa.
3. Exceptional Students: Students who achieve a 95% score in secondary school or a GPA of 3.75 or above in university are also eligible for a 5-year visa.
4. Chief Executives: To qualify, chief executives must hold a bachelor’s degree, have over five years of experience, and earn a minimum monthly salary of AED 30,000.
How Bizex LLC Can Help You Secure the UAE Golden Visa
Navigating the application process for the UAE Golden Visa can be complex. At Bizex LLC, we provide expert guidance through every procedure step, ensuring a seamless and stress-free experience. Whether you are an investor, entrepreneur, or specialized professional, our team will help you fulfil all the requirements and get your visa approved efficiently.
Choose Bizex as your trusted partner for all your UAE Golden Visa needs.
Contact Us:
Are you ready to secure a long-term residency in the UAE with the prestigious UAE Golden Visa? Contact us today to learn how we can assist you in navigating the application process. Whether you're an investor, entrepreneur, or specialized talent, our team at Bizex LLC guides you every step of the way, ensuring a smooth and efficient experience. Reach out now and discover how our tailored visa assistance services can help you achieve your residency goals and enjoy the numerous benefits of living in the UAE!
FAQs About the UAE Golden Visa
1. What is the UAE Golden Visa?
The UAE Golden Visa is a long-term residency visa introduced by the UAE government in 2019. It allows foreign nationals to live, work, and study in the UAE without needing a national sponsor. The visa is valid for 5 or 10 years, depending on the category.
2. Who is eligible for the UAE Golden Visa?
The Golden Visa is available to investors, entrepreneurs, specialized talents (such as doctors, scientists, and artists), exceptional students, and real estate investors who meet specific financial and professional criteria.
3. How long is the UAE Golden Visa valid for?
The visa can be issued for 5 or 10 years, depending on the applicant's category and eligibility. Investors typically receive a 10-year visa, while real estate investors and students are eligible for a 5-year visa.
4. Can I sponsor my family with the UAE Golden Visa?
Golden Visa holders can sponsor their spouse, children of any age, and household staff. This provides long-term security for the visa holder's family.
5. What is the process to apply for the UAE Golden Visa?
You can apply for the Golden Visa through the General Directorate of Residence and Foreigners Affairs (GDRFA) or the Federal Authority for Identity and Citizenship (ICA). While ICA applications are only available online, GDRFA offers online and offline application options.
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