Golden Visa UAE – A Detailed Overview

The Golden Visa UAE is a long-term residence visa that you can have as a foreigner to avail yourself of exclusive benefits like living, studying, and working in the UAE. If you have a Golden Visa, you would be entitled to a multiple entry visa for six months as well as a long-term, renewable residence visa that’s valid for 5 to 10 years.

Let’s explore how you can apply for this visa, the top Golden Visa UAE benefits, rules, eligibility criteria, and more.

What is the Golden Visa UAE?

Initiated by the UAE Government in 2019, the Golden Visa enables foreigners to come to the country for study, work, and other purposes and stay for a long term. With a UAE Golden Visa, you can easily have a stay of 5 to 10 years (renewable) if you are an entrepreneur, investor, individual of exceptional talents, professional, scientist, frontline worker, outstanding student, or humanitarian pioneer.

Where Can I Apply for the Golden Visa UAE?

If you are keen on staying in the UAE for a long time, you can apply for a Golden Visa UAE by visiting the Federal Authority for Identity and Citizenship website (ICA) and heading to the eChannel for citizenship and residency. Alternatively, you can visit the General Directorate of Residency and Foreigners Affairs (GDRFA) website.

The process to apply for a Golden Visa UAE is fairly simple. Listed below are a few general documents that you may be required to submit for your application –

• Original passport

• Photograph against a white background

• medical insurance copy

• Bank statement for the last six months

What are the Golden Visa UAE Benefits?

The primary benefit of a UAE Golden Visa is that if you are an individual with exceptional talents or accomplishments, you can stay in the UAE for a long time and establish a career. Another key factor here is that you can apply for this visa without requiring a sponsor.

Importantly, the new rules remove restrictions on the maximum duration for which a resident can stay outside the UAE. As per the regular rules for the same, you cannot stay outside the UAE for more than 6 months to keep the validity of the visa – this doesn’t apply to individuals having a Golden Visa.

You can also sponsor your family members (spouses and children) as well as domestic support services. Other benefits of this visa include the provision of allowing the sponsored family members of the visa holders to stay in the UAE even after the demise of the original visa holder.

What are the UAE Golden Visa Rules?

If you fall in the group of individuals listed above, you should be eligible to apply for UAE’s Golden Visa. However, you would still be required to meet certain criteria to become eligible for the same.

As per the recent changes in the Golden Visa rules for investors, you can now apply for this visa if your real-estate investment in the UAE is at least AED 2 million as opposed to AED 5 million earlier. The visa duration has also been extended from the previous 5 years to 10 years.

Scientists, on the other hand, must obtain accreditation from the Emirates Scientists Council or a letter from the Mohammed Bin Rashid Medal for Scientific Excellence to be eligible for the Golden Visa. Similarly, creative individuals must obtain accreditation or a letter of recommendation from the Ministry of Culture and Knowledge Development to apply for this visa.

If you are a student of a foreign university looking to apply for this visa, you must have excellent academic records and your university must be in the list of the Top 100 global universities as per the Ministry of Education.

Key Takeaways

• The Golden Visa UAE allows foreign individuals with exceptional talents to stay in the UAE for work or study and enjoy numerous exclusive benefits

• Eligible applicants for Golden Visa UAE include entrepreneurs, investors, exceptional talents, professionals, scientists, frontline workers, outstanding students, and humanitarian pioneers

• To apply for the Golden Visa, you can visit the websites of the Federal Authority for Identity and Citizenship (ICA) or the General Directorate of Residency and Foreigners Affairs (GDRFA)

• Golden Visa holders can have an entry visa for six months as well as a long-term residence visa for ten years

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