In 2019, the UAE government introduced the 10-year Golden Visa for selected residents who have made significant contributions to the country. This visa allows foreigners to live, work, and study in the UAE without needing a local sponsor.
What is a Dubai Golden Visa?
The Dubai Golden Visa is a long-term residency visa awarded to non-nationals, enabling them to reside, work, and study in the UAE independently. As of April 2022, new regulations have expanded eligibility to a broader range of professions.
Who is Eligible for a UAE Golden Visa?
Real Estate Investors:
Invest approximately AED 2 million in the UAE’s real estate market to qualify. Investors can also obtain the visa by purchasing property with a loan from a local bank.
People with Exceptional Talents:
Individuals in fields such as art, sports, culture, technology, law, medicine, and innovation can apply. The visa is granted based on talent alone, regardless of educational background, salary, or employment status.
Skilled Professionals:
Eligible professionals must:
– Have a valid employment contract in the UAE.
– Hold a job classified as level 1 or 2 by the Ministry of Human Resource and Emiratization (MOHRE).
– Possess a Bachelor’s Degree.
– Earn a salary of at least AED 30,000 (approx. USD 8,168).
Humanitarian Pioneers:
Members of recognized international and regional charitable organizations and award recipients in the humanitarian sector can apply for the Golden Visa.
Students and Graduates with Outstanding Records:
High-achieving students in UAE secondary schools and universities, as well as graduates from the top 100 global universities and high schools, can apply. Eligibility considers the university’s global ranking, the applicant’s academic performance (minimum 3.8 GPA), and the year of graduation.
Frontline Heroes (Doctors and Nurses):
Healthcare staff and frontline workers assisting in extraordinary circumstances such as COVID-19 are eligible.
Benefits of a Dubai Golden Visa
Golden Visa holders enjoy numerous benefits, including:
- A renewable 10-year UAE residency visa.
- The ability to stay outside the UAE without nullifying the visa.
- No need for a sponsor or employer.
- Residency for family members with no age limit.
- Family members can stay in the UAE until the end of their permit in case of the visa holder’s death.
How to Apply for a Dubai Golden Visa
If you fall into one of the eligible categories, you can apply for the Dubai Golden Visa. This opportunity is highly beneficial, and the UAE authorities are eager to extend the program. Our expert business advisors at Company Setup UAE can assist you in obtaining your Golden Visa.
For more information or to get started, book a free online consultation with us.
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– Phone: +971 585 00 9717
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