The Golden Visa for United Arab Emirates scheme was introduced, to attract foreign investors, entrepreneurs, and high-skilled professionals to the country. The Golden Visa scheme offers a renewable residency permit for 5 or 10 years, depending on the category of the applicant, and allows them to live, work, and study in the UAE without the need for a national sponsor.
The Golden Visa is available to individuals who meet specific eligibility criteria, such as public investments of at least AED 10 million, real estate investments of AED 5 million or more, or entrepreneurs with a successful track record of at least AED 500,000. Eligible applicants can also include scientists, doctors, engineers, and artists who have significant achievements in their respective fields.
The Golden Visa scheme offers a range of benefits and privileges to the holders, including the ability to sponsor family members, access to public services, and the ability to travel in and out of the UAE without restrictions. Additionally, the Golden Visa holders can also apply for a residency visa for their domestic staff, such as housemaids and drivers. The scheme aims to boost the UAE’s economy by attracting foreign talent and investment to key sectors, such as healthcare, technology, and renewable energy.
Key Takeaways
- The UAE’s Golden Visa is a long-term residency visa scheme that offers a renewable residency permit for 5 or 10 years, depending on the category of the applicant.
- The scheme is available to foreign investors, entrepreneurs, and high-skilled professionals who meet specific eligibility criteria, such as public investments of at least AED 10 million, real estate investments of AED 5 million or more, or significant achievements in their respective fields.
- The Golden Visa scheme offers a range of benefits and privileges to the holders, including the ability to sponsor family members, access to public services, and the ability to travel in and out of the UAE without restrictions.
Eligibility and Application Process
Individuals who are interested in obtaining the Golden Visa for the United Arab Emirates (UAE) must meet certain criteria, depending on their profession. The following subsections outline the eligibility requirements for various professions.
Investor and Entrepreneur Criteria
Investors and entrepreneurs who wish to apply for the Golden Visa must meet certain criteria. They must have a public investment of at least AED 10 million or have ownership of a company with a minimum capital of AED 10 million while individuals with AED 5 million can apply for a 5-year Visa.
Scientists and Specialists Eligibility
Scientists and specialists who wish to apply for the Golden Visa must have a minimum of 10 years of experience in their respective fields. They must also have received a major international award in their field or have a Ph.D. degree from a reputable institution. They must have contributed to a major scientific or research breakthrough in their respective fields and must have published articles or books in distinguished journals or publishing houses.
Outstanding Students and Graduates Path
Outstanding students and graduates who wish to apply for the Golden Visa must have a cumulative GPA of 3.8 or higher in their Bachelor’s or Master’s degree. They must also have received a distinction or honor from a reputable institution. Additionally, they must have a recommendation from their university or a prominent figure in their field.
To apply for the Golden Visa, individuals must first obtain an entry visa from the Federal Authority for Identity and Citizenship. They must then submit their application through the designated channels and provide all necessary documentation to demonstrate their eligibility. The application process can be completed online or through a registered agent.
Overall, the Golden Visa is an excellent opportunity for investors, entrepreneurs, scientists, specialists, outstanding students, and graduates to live, work, and study in the UAE while enjoying exclusive benefits.
Benefits and Privileges
The UAE’s Golden Visa program offers a range of benefits and privileges to its holders, making it an attractive option for those seeking long-term residency in the country. Here are some of the key advantages of the Golden Visa:
Long-Term Residency and Family Sponsorship
One of the most significant benefits of the Golden Visa is that it offers long-term residency in the UAE, valid for 5 or 10 years depending on the category. This makes it an ideal option for those looking to settle down in the country for an extended period, without having to worry about renewing their visa frequently. Additionally, Golden Visa holders can sponsor their spouse and children, allowing them to live and work in the UAE as well.
Business and Employment Advantages
The Golden Visa also offers numerous advantages for those looking to start a business or work in the UAE. Holders of the visa are permitted to own and operate their own businesses in the country, without the need for a local sponsor. They are also allowed to work for any employer in the UAE, without the need for a separate work permit. This makes it a popular option for entrepreneurs and professionals seeking to establish themselves in the region.
Health and Education Opportunities
Golden Visa holders are also entitled to a range of health and education benefits in the UAE. They can access quality healthcare services at reduced rates, and their dependents are also covered under their health insurance plan. Additionally, Golden Visa holders and their dependents can avail themselves of exclusive education opportunities, including discounted school fees and scholarships.
Overall, the UAE’s Golden Visa program offers a range of benefits and privileges to its holders, making it an attractive option for those seeking long-term residency in the country. Whether you are looking to start a business, work in the UAE, or simply live and raise a family, the Golden Visa provides a pathway to achieving your goals.
Key Sectors and Professional Categories
The Golden Visa program in the United Arab Emirates (UAE) is designed to attract talented individuals from various fields who can contribute to the country’s growth and development. The program offers a 10-year residency visa to eligible individuals and their families, allowing them to live, work, and study in the UAE.
Science and Research
The UAE is committed to becoming a global hub for science and research, and the Golden Visa program reflects this commitment. Researchers, scientists, and specialists in scientific fields are eligible for the visa. They must hold a PhD degree from a top-ranked university and have a track record of publications in high-impact scientific journals. The visa is also available to those who have won international awards in science and research.
Art and Culture
The UAE is home to a vibrant arts and culture scene, and the Golden Visa program recognizes the importance of this sector. Artists, writers, and cultural experts who have made significant contributions to the field are eligible for the visa. They must have received international recognition for their work and have a portfolio of published works or exhibitions.
Technology and Engineering
The UAE is investing heavily in technology and engineering, and the Golden Visa program reflects this focus. Engineers, computer scientists, and specialists in big data and artificial intelligence are eligible for the visa. They must have a track record of innovation and have contributed to the development of new technologies or products.
In addition to the above categories, the Golden Visa program is also available to doctors, athletes, and specialists in various fields. The program is open to individuals who have a proven track record of excellence and can contribute to the UAE’s growth and development.
Overall, the Golden Visa for United Arab Emirates program is a unique opportunity for talented individuals to live and work in the UAE and contribute to the country’s growth and development.
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