The United Arab Emirates is among the world's most popular tourist destinations. As a result, many foreign investors, experts, and entrepreneurs seek to establish themselves in the country. Furthermore, the UAE government has initiated several initiatives to attract top people to enhance the economy. The UAE Golden Visa is one of these efforts. The UAE introduced a new system for long-term residency visas in 2019. Foreigners can now live, work, and study in the UAE without needing a national sponsor, and they can own 100% of their businesses on the UAE's mainland. These visas will be issued for 5 or 10 years and automatically renewed. The UAE Golden Visa scheme enables high-potential individuals and their families to settle in the UAE quickly. The Business Visa is a straightforward step closer to realizing the full potential of a startup idea for people who already live in the UAE. The UAE has also approved an update to its residency legislation that would allow foreign university students to bring their families to the UAE if they can afford acceptable housing and support them financially. Since its inception, the UAE Golden Visa has been highly sought after by many expats worldwide. However, not all foreigners can apply because it is a vital document with stringent qualifying requirements. Individuals must have a national sponsor in all other visa schemes since it is required. However, with the new golden visa, this is no longer necessary. As a result, numerous UAE golden visa privileges are available to those with this passport. Dhanguard is a pioneer in providing outstanding services and assistance to help you create your Branch. Please take a few seconds to read the following material, which our professionals have painstakingly produced to provide you with the most up-to-date services.
The Golden Visa, a symbol of prestige and security, grants individuals and their families long-term residency in the UAE. It is a legal document allowing foreigners to live in the United States for an extended period. Individuals can apply for whichever visa system is most convenient for them in the UAE.
The most frequent is the UAE employment visa, which allows an employee to be sponsored by a company and acquire a two- or three-year resident permit. There's also the UAE freelancer visa, which grants the holder a one-year residency.
However, the most intriguing feature of the UAE golden visa is that it allows you to stay for 5 to 10 years. This is quite appealing to foreigners who want to live in the UAE but want to have to renew their visas only sometimes.
Nonetheless, the UAE authorities have imposed stringent restrictions on who is allowed to acquire this document.
The golden visa is essential for Masdar City, the region's sustainability-focused innovation and technology research and development center.
Specifically designed to attract global talent, entrepreneurs, investors, and skilled professionals, this visa offers an array of benefits, including:
Long-term Residency: Stay in the UAE for extended periods, providing stability for you and your family.
Business Opportunities: Tap into the flourishing economy of Dubai and explore entrepreneurial ventures.
Access to Services: Enjoy top-notch healthcare, education, and services within the UAE.
Visa Sponsorship: Extend residency benefits to family members, fostering a cohesive family lifestyle.
To broaden the eligibility for the Golden Visa, the UAE government made some amendments. This is done to attract a diverse group of international specialists. They also hope to recruit bright students who wish to pursue employment there. Previously, only top investors, business owners, wealthy executives, and scientists were allowed to participate. However, the UAE authorities have announced that the following adjustments will take effect in December:
Physicians in the United Arab Emirates
Computer science, electricity, electronics, programming, and biotechnology are all areas where engineers are needed.
After you've learned about all of the benefits of the UAE Golden Visa, you'll want to know if you're eligible to apply.
Individuals who are eligible to apply include:
Data experts, scientists, and PhD holders
Executives in charge
Doctors of medicine
Students who excel (their family can apply)
University graduates with a GPA of 3.8 or higher
Investors
Investors in real estate
Entrepreneurs
The golden visa is available to those in one of the previous categories. As a result, you should be aware of how to apply for a golden ticket.
Our team at Dhanguard understands the significance of obtaining the UAE Golden Visa and recognizes the importance of a smooth and efficient process for our clients. With years of experience in immigration services, we have the expertise to offer solutions that cater to your specific needs and preferences.
From initial consultation to final approval, our dedicated professionals will be with you every step of the way, providing personalized guidance and support. We will assist you in preparing all necessary documentation, ensuring accuracy and completeness to expedite the application process.
Moreover, we stay up-to-date on changes, policies and procedures, ensuring you receive the most current information and advice. Our commitment to excellence and attention to detail set us apart, guaranteeing our clients a seamless and stress-free experience.
With Dhanguard by your side, you can confidently embark on your journey to secure the UAE Golden Visa, knowing that you have a trusted partner guiding you through the process with expertise and integrity. Let us handle the complexities while you focus on planning your future in the UAE.
The costs and requirements for these visas can vary depending on the visa type and the applicant's circumstances. For instance, an investor visa may require a substantial investment in a UAE-based business or property, which would have associated costs.
The cost of a residency visa in the UAE can include application fees, processing fees, medical examinations, and other expenses related to the application process. These costs vary widely, so it's essential to check with the UAE's immigration authorities or consult with Dhanguard to get accurate and updated information.
The requirements differ per category, but they all depend on the individual's compliance with the Golden Visa's rules and conditions. The requirements for some categories are mentioned below:
Having a public investment of at least AED 10 million, either in the form of an investment fund or a firm
At least 60% of the total investment must be in non-real estate assets.
The cash invested cannot be borrowed, and the investors must acquire full ownership in the case of acquisitions.
The investor must be able to keep the money for at least three years.
This 10-year visa can be extended to include business partners if each partner pays AED 10 million. The holder's spouse and children, as well as one executive director and one advisor, are all eligible for the long-term visa. This visa can be renewed as well.
In "honour of their efforts and sacrifices," the UAE will award doctors, the first line of defence, a long-term residency. Between July 2021 and September 2022, all doctors licensed by UAE health regulatory organizations can apply for the Golden Visa via the website. In their various fields of practice, doctors and specialists must meet at least two of the following requirements:
A doctorate from one of the world's top 500 universities.
A Ph.D. and ten years of professional experience in the applicant's field are required.
We are making a significant contribution to major scientific studies.
In prestigious publications, papers or scientific books have been published.
Participation in a field-related organization.
Specialization in areas where the UAE places a high priority.
For doctors who desire to apply for the visa in person, seven centres associated with the Federal Authority for Identity and Citizenship have been created across the UAE.
Coders of all nationalities and ages can apply for the UAE Golden Visa through the UAE Government's Office of Artificial Intelligence or the Federal Authority for Identity and Citizenship, regardless of whether they are UAE residents or non-residents.
The following individuals are eligible to apply:
Known professionals and talents who have excelled in various aspects of coding
Those who work for cutting-edge international technology companies
Computer science, hardware engineering, information technology, artificial intelligence, data science, big data, and electrical engineering graduates
Google, Microsoft, Amazon, Cisco, IBM, HPE, LinkedIn, Nvidia, and Facebook joined to establish the program.
Golden Visa is eligible for Five or Ten years in the following four cases:
When it comes to great pupils or educational specialists, they must meet one of the following criteria:
Come from one of the world's top 500 universities.
You may be given an award or a certificate of recognition in your field of competence.
Students in high school with a minimum grade of 95% and university students with outstanding grades (3.8 GPA or higher)
Specialists, such as scientists, must demonstrate that they have significantly contributed to their field of study. A 10-year resident visa is available for scientists.
Creative individuals can also apply for a 10-year residency visa, but the Ministry of Culture and Youth must first accredit them.
Doctors and specialists must meet one of the following standards: PhD degree, prize, certificate, published articles, scientific books, organization participation, or speciality in a UAE priority area.
The 5-year visa has many of the same conditions as the ordinary investor visa. The only difference is that the required investment amount.
A 5-year residency visa is available to entrepreneurs. The following are the requirements:
Have an existing project with a minimum capital of AED 500,000 or clearance from a recognized business incubator.
Approval of a government-approved business incubator
Documents for the entrepreneur's and their family's health insurance
Those who apply as entrepreneurs must first obtain a six-month multi-entry visa, which must be renewed for another six months. Their spouse, children, three executives, and a partner can be sponsored.
Chief executives are also eligible for a golden visa if they meet the following criteria:
a bachelor's degree
Have at least five years of experience in their field.
Have a legitimate job contract in the UAE and earn at least AED 30000 monthly.
Along with the family's health insurance.
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At Dhanguard, our dedication to facilitating your Golden Visa journey sets us apart. With our in-depth knowledge of UAE immigration laws and a track record of successful visa applications, we prioritize your convenience and peace of mind. Our experts can assist you if you want to obtain the UAE Golden Visa but need support. Our team of experts will walk you through each step of the process so you can get your vital legal document. We have assisted people who want to work and live in the United Arab Emirates. Enjoy all the benefits of a golden visa in the UAE and a high quality of life while living in one of the world's best countries.
