UAE Golden Visa: Long-Term Residency for Foreign Investors

GOLDEN VISA

Golden Visa

This form of visa is also for long-term foreign residency. It is ideal for those who want to invest in a business in the UAE. It has a validity of up to 5 to 10 years, depending on the eligibility of the foreign national. Golden Visa offers long-term residency to foreign national entrepreneurs and investors who want to start a business or invest in the UAE.

As a UAE Golden Visa holder, you can easily travel, study, work, and even sponsor your family members. The Golden Visa system has further boosted the UAE’s position as one of the world’s most advanced hubs for global business and lifestyle, attracting people from around the globe to the UAE.

The Golden Visa offers long-term residency (10 years) to people with a salary of over AED 30,000 per month, an investment of AED 2 million or above, or own off-plan property valued at AED 2 million and above.

Aura Vision Advisors will assist you at every step in your application and ensure all requirements are complete and your profile is approved.

Advantages of Having a UAE Golden Visa

ü You can work, reside, travel, and invest in the UAE

ü You will hold a long-term renewable visa valid for 10 years

ü You can sponsor yourself and your family members regardless of their ages

ü You can sponsor unlimited number of domestic helpers

ü You will be allowed for multiple entries followed by the issuance of residency permits

ü You can stay outside of the UAE for any duration without having to nullify your Golden Visa.

ü Allows your family to stay within the UAE until the end of the duration of the Golden Visa even in the event of the primary visa holder’s death.

ü All foreign nationals holding a Golden Visa and having driving license from their home country can now take driver’s test without extra lessons

ü Additionally, if the Golden Visa holders have a license from one of 32 approved countries, including the US, UK, Australia, Italy, Saudi Arabia, South Africa, Spain, New Zealand, Qatar, Kuwait, and Ireland, they will automatically be eligible for a UAE driver’s license

ü You can have 100% ownership of any business started and operated in the UAE.

ü All Golden Visa holders will be gifted the coveted Esaad Privilege Card for FREE

10-Year Golden Visa Categories

ü Golden Visa for Professionals

Skilled workers and professionals qualify for a Golden Visa if they meet specific criteria. It includes holding a valid employment contract within the UAE, with the job falling under occupational level 1 or 2 as defined by the Ministry of Human Resources and Emiratisation. Additionally, applicants should have a bachelor’s degree and draw a minimum salary of not less than AED 30,000 per month.

ü Golden Visa for Real Estate Owners

Any individual who has purchased a property worth no less than AED 2 million or more, regardless of whether it’s off-plan, completed, mortgaged or not mortgaged. The UAE has cancelled the AED 1 million minimum down payment required for people to qualify for a golden visa through real estate investment.

ü Golden Visa for Investors

One must possess a minimum of AED 2 million worth of public investment, which can be in the form of an organization or an investment fund. Additionally, at least 60% of the total investment should not be acquired as a loan and should not be tied to real estate. For other types of assets, investors should expect to have complete possession.

Golden Visa Application Requirements:

Golden Visa for Professionals

ü NOC letter from the company that allows an employee to hold golden residency, also it should mention that the service period is not less than 1 year as a general manager – executive, director – chairman of the board of directors.

ü Attested degree certificate (bachelor’s degree or higher + university degree equivalency) – Degree must be attested from the UAE embassy of the home country and Ministry of foreign affairs in Dubai.

ü Salary certificate (not less than 30,000 DHS/Monthly)

ü Labour contract with the same profession and salary mentioned on the salary certificate.

ü Bank statements (last 6 months showing monthly salary and salary must show in the statement and not withdrawn second day, if the salary withdrawn second day of the deposit to another account, we will require a second bank statement showing the same)

ü Passport and visa copy

ü Dubai visa required

ü Studio picture

Golden Visa for Real Estate Owners

ü Title Deed Property worth AED 2 million or own off-plan property valued at AED 2 million and above.

ü Visa or passport copy

ü Emirates ID

ü Applicant inside UAE

ü International and local health insurance

Golden Visa for Investors

ü A copy of the passport.

ü Bring proof of ownership of a financial deposit of not less than (2,000,000) two million dirhams in a bank in the country. It may be in the form of investment bonds or sukuk.

ü Proof of residence in the Emirate of Dubai.