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UAE Golden Visa

UAE ten-year golden visa for professionals


A federation of seven emirates, the United Arab Emirates (UAE) is one of the wealthiest countries in the world. Its main cities include Dubai, Abu Dhabi, and Sharjah. 


In 2019, the United Arab Emirates (UAE) introduced a ten-year golden visa to professionals, such as engineers, doctors, and others, besides talented individuals, entrepreneurs, and scientists in a bid to retain talented individuals in the country.


After its launch, hundreds of qualified people and their family members were granted visas. These visas, which are issued for five- and ten-year terms can be renewed.  

 

The Intent of Implementing the UAE Golden Visa


The motive behind introducing the golden visa was to popularize the UAE as a destination for setting up companies and developing the business further in the country. The visa would be given to residents of the Emirates who have been residing there for a long time and have contributed significantly to its development. The golden visa is also intended to be an appreciation of their contribution.


Eligibility Criteria for the Golden Visa


Five categories of UAE immigrants are eligible to apply for the golden visa. They are chief executives, entrepreneurs, investors, scientists, and top-ranking students.


Requirements for Foreign Investors

If they fulfill one of the following conditions, they can apply for it:

  • Need to deposit AED 2 million in the UAE’s investment fund.

  • Need to be an owner of a company with a capital investment of AED 2 million or need to be a partner in a firm with an AED 2 million share.


In addition, they need to fulfill the following conditions:

  • The funds invested should be owned fully by the individual and not be raised through a loan, and this has to be substantiated by proof 

  • The investing individual must have held the funds for a minimum of three years

  • The investing individual needs to prove that they are insured for themselves and their partners/spouses and dependent children


Eligibility Criteria for Entrepreneurs:

  • Individuals need to own a project that is valued at a minimum of AED 500,000 in a field that has been certified in this Gulf nation 

  • Individuals need to be recognized as project founders and qualified business incubators 

  • Individuals need to have health insurance that covers them and their family members


Eligibility Criteria for Specialists

  • Applicants need to be professors of one of the top 500 global universities, which is the UAE ministry of education approves

  • Individuals with honors or appreciation certificates in their areas of specialization 

  • Scientists who have significantly contributed to their fields

  • Doctors having practical experience of 20 years in their niche disciplines

  • Individuals who specialize in fields that are important for the West Asian country


Eligibility Criteria for Chief Executives:

  • Need to have a university degree or its equivalent

  • Need to have work experience of at least five years 

  • Need to be making a minimum of AED 30,000 per month in the UAE with an official job contract

  • Need to have health insurance that covers them and their family members


Eligibility Criteria for Others


When it comes to inventors or innovators, they need to own a patent that should be valuable to UAE’s economy and must have been approved by the UAE’s ministry of economy.

Art and culture specialists need to get approval from the ministry of culture and knowledge development of the UAE.


Eligibility Points Calculator

Calculate your CRS score

Steps to apply for the express entry program


uae-golden-visa has one of the world's most forward thinking immigration programs. There are multiple programs by which one can apply ot migrate to uae-golden-visa.

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How BMC
can help ?

BMC offers all its clients informed advice on immigration, aiding them in choosing the best overseas option depending on their educational qualifications, work experience, choices, and suitability.

  • Advise you on the papers that will be required for the visa
  • Advise you on how the funds needed for the visa need to be shown
  • Review the documents required for the visa application
  • Help you prepare for a visa interview in case one is required
  • Inform you about the eligibility criteria required for the visa
  • Tell you what you would be allowed to do with this visa in the UAE 


Frequently Asked Questions

You can stay outside the UAE for an unrestricted time with a golden visa. 

With the golden visa of the UAE, talented foreign nationals can reside and work in the country. Initially, an entry visa is issued with multiple entries to move ahead with the grant of a renewable residence visa with validity for ten years. 

The UAE golden visa costs between AED 2,800 and AED 3,800 for individuals staying within the US. Those applying outside the UAE must pay between AED 3,800 and AED 4,800.