The UAE is beginning new plans to improve its business and industry. A few of these projects use technology and want to hire skilled people from other countries. To help with this, the government is making new types of visas. The ‘Golden’ visa is a very important new type of visa.
Do you want to know about the Golden visa for the UAE? Let’s get started!
What Is the UAE Golden Visa?
The United Arab Emirates introduced a new long-term visa system in 2019, known as the Golden Visa. The Golden Visa lets foreigners live, work, and study in the UAE. It makes the UAE more attractive to diverse talents and professionals.
The 2019 amendment is designed to attract foreign residents, with a particular focus on Dubai. Read on to learn about who can apply for this visa, its benefits, and the eligibility criteria.
Who Can Apply For A UAE Golden Visa?
The UAE Cabinet Resolution specifies various groups that can apply for the Golden Visa, highlighting how the UAE encourages diverse talents. This includes inventors, entrepreneurs, and researchers with special skills in science and knowledge areas like doctors, scientists, and artists. Notably, the process also caters to highly talented students, illustrating how to apply for Golden Visa UAE for students. These students, whether in high school or university, should demonstrate exceptional scientific capabilities to be eligible.
In simple terms,
- Researchers and specialized talents in various science and knowledge fields (doctors, researchers, scientists, investors, artists)
- Highly talented students showing promising scientific capabilities, including high school and university students
Requirements To Obtain A UAE Golden Visa?
To obtain a UAE Golden Visa, different groups have specific requirements:
- For a 10-year visa, foreign investors with public investments of AED 10 million, either in an investment fund or a company, can apply.
- Business partners contributing AED 10 million each are also eligible for a 10-year visa.
- A 5-year visa is available for individuals with at least AED 5 million in investment.
- The investment should be retained for a minimum of 3 years without loaning against it.
- In the case of asset investments, full ownership is required, with less than 60% invested in real estate.
- This visa category includes the visa holder’s spouse, children, one executive director, and one advisor.
Individuals With Specialized Talent:
- Talented professionals can apply for a 10-year visa, contingent upon receiving accreditation from their respective departments and fields.
- Scientists must be accredited by the Emirates Scientists Council or be holders of the Mohammed Bin Rashid Medal for Scientific Excellence. Artists need accreditation in culture and art from the Ministry of Culture and Knowledge Development.
- University educators from any of the top 500 global universities are eligible.
- Doctors should have a minimum of 20 years of experience in their specialization.
- The visa also extends to the spouses and children of these individuals.
Real Estate Investors:
Real estate investors are eligible for a 5-year visa with an investment of AED 5 million.
Students and Specialists
- Outstanding students from public and private secondary schools with a grade of 95% or higher can apply.
- University students, both within and outside the country, must have a distinction GPA of at least 3.75 upon graduation.
Entrepreneurs with an existing project of a minimum capital of AED 500,000 or approval from an authorized business incubator in the country are eligible.
- Chief executives must have a bachelor’s degree and a minimum of 5 years of experience.
- They should earn a salary of at least 30,000 AED in the UAE under a legitimate job contract.
- The Golden Visa also extends to cover the families of the applicants.
How To Apply for a UAE Golden Visa?
Applicants, including nurses interested in how to apply for a golden visa UAE for nurses, can do so through the Federal Authority for Identity and Citizenship — ICA (the eChannel for residency and citizenship) or the General Directorate of Residency and Foreigners Affairs (GDRFA).”
How To Apply for a UAE Golden Visa Online Through ICA?
- Visit the ICA’s official website.
- Select ‘Golden Visa’ under ‘Public Services’, then choose ‘Visa to Finalize the Procedures of Golden Residency’.
- Provide the required information and submit the necessary documents.
- Pay the service charge and wait for approval to complete the application process.
In summary, the UAE’s Golden Visa program is incredible. It offers exceptional individuals the opportunity to live long-term anywhere in the world. The UAE invites creative people to live, work, and contribute to its economy and culture. This visa is for those who want to be part of the UAE’s dynamic and innovative environment. The UAE supports foreign investments and expertise. It also includes the families of visa holders. Global talents and their loved ones find it comprehensive and welcoming. They can make the UAE their new home.