Fastest way to to know everything about UAE Golden Visa

Dubai News

There is more than one way that an individual can apply for the UAE Golden Visa, through the government, employers, agencies and more. The cost and timeline of application through each channel are different.

Here are the ways to apply for the UAE Golden Visa:

• Apply for the Golden Visa through Government channels
• Apply for Golden Visa through real-estate developers
• Apply for olden visa through specialists and agencies

Apply for the Golden Visa through Government channels

Eligible candidates can apply for the Golden Visa using GDRFA-Dubai Smart Application. Here are the 6 steps they would need to follow:

STEP 2 – Register a new user account (in case there is no account registered)

STEP 3 – Select the required service

STEP 5 – Pay the fees due for the service

STEP 6 – Submit the request

STEP 1 – Head to one of the service branches of the Amer Centers

STEP 2 – Select the required service at the receptionist

STEP 3 – Submit the required documents to the service employee

STEP 4 – Checking documents

STEP 5 – Pay the fees due for the service

STEP 6 – Submit application

Cost for Golden Visa

1. 10 years golden visa:
   Residency fees: AED 2790
   ID fees: AED 1070
2. 5 years golden visa:
   Residency fees: AED 2280
   ID fees: AED 575

Apply for Golden Visa through real-estate developers

DAMAC Properties (Golden Visa by Investment)

The property developer provides assistance to secure a 10-year golden visa upon purchase of a property with DAMAC.

They also accept cryptocurrency payments.

Dubai Land Department (Golden Visa by Investment)

Real Estate investors can apply for a Golden Visa through the Dubai Land Department.

Step 1: The customer visits one of the Service Centres
Step 2: The customer submits the requirements and pays the fees
Step 3: The medical examination is conducted in the Centre
Step 4: Visa stamping on the passport

Required Documents

1- Passport

2- Availability of an electronic copy of the title deed certificate

3. Personal photo

4- Valid health insurance

5- Original Emirates ID

Service Terms

Investor Visa 10 Years

1- Minimum 2 million value property or owned share ( one property or more ) under the applicant name

2- In case the property is mortgage, at least 2 million of property value must be paid to the bank. NOC letter and paid amount letter .

3- Husband and wife can share in one property.

(marriage certificate required).

Family Visa

1- Noc letter from the father, attested by the notary public (in case the mother is the sponsor).

2- Daughter over 18 years old (Proof of social status from Dubai Courts).

3- Must Bring National ID for ( IRAN – PAKISTAN – IRAQ – LIBYA – AFGHANISTAN ) .

4- original passport and Emirates ID

5- Personal photo

6- Health Insurance

7- Marriage certificate attested

8- Birth certificate attested

9- IBAN bank account

10- Son over 18 years old (Study certificate)

Note : Only applicant allowed to get in the center.

Investor & Retirement Visa

1- Medical (VIP) – 753 AED

2- Emirates ID – 573 AED

3- New visa – 2288.75 AED

4- Administrative fees – 100 AED

Total: 3714.75 AED

Family Visa

Fees : 3714.75 AED

File Opening for Dependent Visa – 318.75 AED

Parents Visa 1 Year

AED6,821.25 for one year only.

The visa can be applied at Dubai Land Department – Main Office (Cube Centre) or Dubai World Trade Centre. Service time is 7-10 days.

Apply for Golden visa through specialists and agencies

Virtuzone

The company formation specialists help obtain a Golden Visa, the assist with steps from client assessment to documentation.

They charge a ‘success fee’ of AED 19,990.

Standard Requirements

• Copies of passport, visa and EID card copy
• UAE labour contract
• Salary certificate/income confirmation letter
• Education certificate fully attested and legalised by the UAE Ministry of Foreign Affairs
• 6 months of personal bank statements
• Title deed, if you own property in the UAE
• Reference letter from your employer or a person of influence regarding your contribution to your industry or the UAE economy
• Copy of your CV or LinkedIn profile
• Published articles and write-ups about you, your business or your contribution to the UAE economy

The application processing time could take 2-4 weeks.

Here’s a complete overview of the different visa types available under the new system and their eligibility criteria

Dubai World Trade Centre

• UAE Golden Visa: Eligibility criteria and benefits
• UAE Green Residence visa: Benefits and eligibility criteria
• UAE entry visas, five-year tourist visa, and non-sponsor business permits: All you need to know

UAE Golden Visa: Eligibility criteria and benefits

In addition to securing their stay in the UAE for a period of 10 years, the new rules will allow the Golden Visa holder to sponsor his/ her family members, including spouse and children regardless of their age, and to sponsor support services (domestic) labourers without limiting their number.

Furthermore, the restriction related to the maximum duration of stay outside the UAE in order to keep the Golden Residence valid has been removed.

There are other benefits for family members that allow them to stay in the UAE in the event of the death of the original holder of the Golden Residence until the end of their permit duration.

UAE Golden Visa eligibility criteria

Eligibility criteria for the UAE Golden Residence Scheme has been simplified and the categories of people eligible to apply for the long-term 10-year visa have been expanded under a new set of executive regulations.

Under the new executive regulations, the UAE Golden Visa will grant 10-year residence to investors, entrepreneurs, exceptional talents, scientists and professionals, outstanding students and graduates, humanitarian pioneers, and frontline heroes, who meet certain eligibility parameters.

1. Golden Visa for scientists
   The UAE Golden Visa will be granted to scientists and researchers with high achievements and influence in their field based on the recommendation from the Emirates Scientists Council.
   The candidate must have a PhD or a Master’s degree in the disciplines of engineering, technology, life sciences, or natural sciences from the best universities in the world, as well as substantial research achievements.
2. Golden Visa for professionals
   The UAE Cabinet has revealed a major expansion in this category to attract highly skilled workers with educational qualifications and professional experience in all disciplines, including medicine, sciences and engineering, information technology, business and administration, education, law, culture, and social sciences.
3. Golden Visa for exceptional talents
   The UAE Golden Residence visa will be granted to top talents in vital fields.
   It will be awarded based on talent only regardless of the educational qualification, employment status, monthly salary, or professional level.
   It requires the recommendation or approval of a federal or local government entity, and includes talented individuals in culture, art, sports, digital technology, inventors, and innovators in other vital fields.
4. Golden Visa for real estate investors
   Real estate investors can obtain Golden Residence when purchasing a property worth no less than $544,500 (AED 2 million).
   As per the new amendments, investors are also entitled to obtain the Golden Residence when purchasing a property with a loan from specific local banks.
   Investors can also obtain Golden Residence when buying one or more off-plan properties of no less than $544,500 (AED 2 million) from approved local real estate companies.
5. Golden Visa for outstanding students and graduates
   This long-term, 10-year visa will also target high-performing students in UAE secondary schools, and outstanding graduates from UAE universities, as well as from the best 100 universities worldwide, according to specific criteria that includes their academic performance (cumulative average), the year of graduation, and the university classification.
6. Humanitarian pioneers
   As per the UAE government, humanitarian pioneers are also eligible under the new Golden Visa rules. Such as distinguished members of international and regional organisations, outstanding members of associations of public benefit, recipients of recognition awards in humanitarian fields and distinguished volunteers and sponsors of humanitarian efforts.
7. Frontline heroes
   Frontline workers with extraordinary efforts in crises, such as the COVID-19 pandemic can also get the Golden visa under the new rules issued by the UAE government.
8. Golden Visa for entrepreneurs and startup owners
   The new executive regulations have also set flexible requirements for entrepreneurs eligible to obtain the Golden Residence.

Additional Golden Visa eligibility criteria for entrepreneurs and startups owners includes;

• Entrepreneurs should own or be a partner in a startup registered in the UAE under the small and medium enterprises (SMEs) category, and the registered startup must generate annual revenues of not less than $272,250 (AED 1 million).
• Entrepreneurs or startup owners who obtain approval for a startup idea from an official business incubator, from the Ministry of Economy, or from a competent local authority will be deemed eligible to obtain the Golden Residence in this category.
• Entrepreneurs who are founders – or one of the founders – of a previous entrepreneurial project(s) that was sold for a total of not less than $1.9 million (AED 7 million) will be entitled to the UAE Golden visa. For this category, the approval of the Ministry of Economy or competent local authorities will be required for projects or ideas.

Additional Golden Visa eligibility criteria for professionals includes;

• Applicants should have a valid employment contract in the UAE.
• Applicants should be classified in the first or second occupational level as per the Ministry of Human Resources and Emiratisation classification, which is aligned with the International Standard of Classification of Occupations ISCO by the International Labour Organisation.
• Applicants must have a minimum educational level and must have a bachelor’s degree or equivalent.
• Applicants should have a monthly salary of not be less than $8,167 (AED 30,000).

UAE Green Residence visa: Benefits and eligibility criteria

As part of a slew of new rules aimed at attracting and retaining talent and skilled workers from all over the world, the UAE Cabinet has also revealed a new 5-year Green Residence visa, which will boost flexibility of the job market and will foster a high sense of stability among UAE residents and families.

The new 5-year Green Residence visa will be aimed at exceptional talents, skilled professionals, freelancers, investors, and entrepreneurs.

Under the Green Residence visa, more benefits will be offered to facilitate the residence of family members residence.

In addition, longer flexible grace periods will extend up to 6 months to stay in the country after the residence permit is cancelled or expired.

UAE Green Residence Visa eligibility criteria

1. Green Residence Visa for skilled employees
   The new track provides a 5-year residency for skilled employees, without a sponsor or employer.
   The applicants should have a valid employment contract, and should be classified in the first, second, or third occupational level as per the Ministry of Human Resources and Emiratisation.
   The minimum educational level must be a bachelor’s degree or equivalent, and the salary should not be less than $4,083 (AED 15,000).
2. Green Residence Visa for freelancing and self-employment
   In line with the growing importance of flexible work models, this track provides a 5-year residency for freelancers and self-employed individuals without requiring a sponsor or employer in the UAE.
   It requires applicants to obtain a freelance/self-employment permit from the Ministry of Human Resources and Emiratisation.
   The minimum educational level should be bachelor’s degree or specialised diploma, and the annual income from self-employment for the previous two years should not be less than $98,000 (AED 360,000), or that the applicant proves financial solvency throughout his / her stay in the country.
3. Green Residence Visa for investors or partners
   This residence permit is introduced to encourage investment, providing 5-year residency for investors establishing or participating in commercial activities.
   It replaces the previous residence that was valid for 2 years only.
   Requirements include approval of the investment and proof of investment.
   If the investor or partner has more than one licence, the total invested capital will be calculated. Approval of the competent local authorities is mandatory.

The new system provides more benefits to family members, allowing residents to easily issue residence permits for their family members, including spouse and children.

The age of children who may be sponsored has been raised to 25 years (previously 18 years), with no age limit for unmarried daughters.

Children of determination are granted a residence permit, regardless of their age.

Green Residences holders are allowed to issue residence permits for their first-degree relatives, and in all cases the residency of family members shall be the validity duration as the original residence holder.

People from around the world who are planning to visit the UAE visitors – either for business, jobs, or pleasure – can now avail of a variety of visa options.

The UAE Cabinet has approved a number of new types of entry permits and visas without requiring a host or sponsor for the first time.

In addition, all entry visas are available for single or multiple-entry can be renewed for similar period(s) and are valid for 60 days from their issuance date.

UAE’s new job exploration visa

The job exploration visa has been introduced with the aim of attracting young talents and skilled professionals to explore job opportunities available in the country and does not require a sponsor or a host.

It is granted to those classified in the first or second or third skill level as per the Ministry of Human Resources and Emiratisation.

Fresh graduates applying for this visa must be from one of the best 500 universities in the world, with minimum educational levels of a Bachelor’s degree or its equivalent.

UAE’s new business entry visa

The business entry permits enable easy entry without requiring a sponsor or a host.

It aims to encourage investors and entrepreneurs to explore business and investment opportunities in the UAE.

UAE’s new five-year multiple-entry tourist visa

In addition to the regular tourist visa that is sponsored by the UAE’s tourism establishment, a five-year multiple-entry tourist visa has been introduced.

This visa does not require a sponsor and it allows the person to stay in the country up to 90 continuous days.

The visa may be extended for a similar period, provided that the entire period of stay does not exceed 180 days in one year.

This visa requires proof of having a bank balance of $4,000 or its equivalent in foreign currencies during the last six months prior to submitting the application.

UAE’s new entry permit to visit relatives or friends

As per the current amendment, a visitor can apply for this entry permit if he/she is a relative or friend of a UAE citizen or resident. It does not require a sponsor or a host.

UAE’s new entry permit for a temporary work mission

This type of entry permit will be offered to those who have a temporary work assignment such as a project-based mission or probation testing, and will be sponsored by the employer.

It requires a temporary work contract or a letter from the employer clarifying the visit purpose and proof of health fitness to work.

UAE’s new entry permit for study and training

This entry permit is intended for those attending training and academic courses and/or participating in internship programmes.

The sponsor can be universities or educational or research institutions licensed in the country or government or private entities.

The entry permit requires a letter from the entity, clarifying the details of the study or training or internship programme and its duration.

The executive regulations of the Federal Decree-Law on Entry and Residence of Foreigners shall come into force after ninety days from the date of its publication in the official gazette.