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UAE Golden Visa | Apply For A UAE Golden Visa Now

The Bizex team has experience obtaining UAE Golden Visas for our clients. We assist our clients to ensure that they meet the requirements and prepare the right documentation.

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UAE Golden Visa | Apply For A UAE Golden Visa Now

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  1. Dubai's Golden Visa: Eligibility Criteria And How To Qualify Dubai, known for its futuristic skyline, luxury shopping, and vibrant lifestyle, has always been a magnet for expatriates seeking better career opportunities and a high standard of living. To attract and retain global talent, the United Arab Emirates (UAE) government introduced the UAE Golden Visa program. This initiative grants long-term residency to eligible individuals, offering them a host of benefits that make living and working in Dubai more attractive. In this article, we will explore the eligibility criteria for Dubai's Golden Visa and provide a comprehensive guide on how to qualify. What is Dubai's Golden Visa? The Golden Visa is a long-term residency visa that allows foreign nationals to live, work, and study in Dubai without the need for a national sponsor. Introduced in 2019, this visa can be granted for five or ten years and is automatically renewed. The program aims to enhance Dubai's appeal to investors, entrepreneurs, researchers, outstanding students, and professionals in various fields by providing stability and security.

  2. Benefits of the Golden Visa Before diving into the eligibility criteria, it's essential to understand the benefits that come with the Golden Visa. These advantages make it a coveted status for many expatriates. 1. Long-term Residency: The visa is valid for 5 or 10 years, with automatic renewal, providing stability and peace of mind. 2. Sponsorship Flexibility: Visa holders can sponsor their family members, including spouses and children, regardless of their age. 3. Ownership of Business and Property: Golden Visa holders can own 100% of their businesses and properties in Dubai. 4. Ease of Travel: Holders can easily travel in and out of the UAE without the need for frequent visa renewals. 5. Enhanced Lifestyle: Access to Dubai's world-class education, healthcare, and lifestyle amenities. Eligibility Criteria The Golden Visa program targets several categories of individuals, each with specific eligibility criteria. Here are the primary categories and their requirements: 1. Investors Investors are a significant focus of the Golden Visa program, and the criteria are designed to attract substantial financial contributions to the UAE economy.

  3. Ten-Year Visa for Investors: ● Public Investments: An investor must invest a minimum of AED 10 million (approximately USD 2.7 million) in public investments, such as a company or investment fund. Conditions: ○ The amount invested must not be loaned. ○ The investment must be retained for at least three years. ○ The investor must have full ownership of the assets. ○ The investment must not be encumbered by claims or loans. ○ The investor must provide proof of health insurance covering himself and his family members. ● Five-Year Visa for Property Investors: ● Property Investment: Investors must purchase property in Dubai worth at least AED 5 million (approximately USD 1.36 million). Conditions: ○ The investment must be retained for at least three years. ○ The property must be owned outright, without any loans. ● 2. Entrepreneurs Entrepreneurs with promising ideas and businesses are eligible for the Golden Visa under specific conditions.

  4. Five-Year Visa for Entrepreneurs: ● Startups: Entrepreneurs must have a project with a minimum capital of AED 500,000 (approximately USD 136,000) or have approval from an accredited business incubator in the UAE. Conditions: ○ The business must be registered and operational in the UAE. ○ Entrepreneurs can apply for a six-month multiple-entry visa, renewable for another six months, to facilitate the establishment of their business. ● 3. Specialized Talents and Researchers Professionals with exceptional skills in various fields, including science, education, and medicine, are eligible for the Golden Visa. Ten-Year Visa for Specialized Talents and Researchers: ● Requirements: ○ Scientists: Must be accredited by the Emirates Scientists Council or be a recipient of the Mohammed Bin Rashid Medal for Scientific Excellence. ○ Doctors and specialists must hold a Ph.D. degree from one of the top 500 universities globally and have at least ten years of professional experience. ○ Researchers must have significant contributions in their field of research. ○ Inventors must have a patent of value to the UAE economy, accredited by the Ministry of Economy. ○ Creative Individuals: Must be recognized in culture, arts, and literature and accredited by related government bodies. 4. Outstanding Students The Golden Visa also aims to attract the brightest minds to study and eventually contribute to the UAE's growth. Five-Year Visa for Outstanding Students: ● High School Students: Must have a minimum grade of 95% in public or private secondary schools. University Students: Must have a GPA of at least 3.75 upon graduation from universities within and outside the UAE. ● Application Process Applying for a Golden Visa involves several steps, and it is essential to follow the correct procedure to ensure a smooth process.

  5. 1. Determine Eligibility: Verify that you meet the eligibility criteria for one of the categories mentioned above. 2. Prepare Documentation: Gather the necessary documents, including: ○ Passport copies ○ Proof of investment or business ownership ○ Academic certificates and professional credentials ○ Health insurance proof ○ No-objection certificate from the relevant authorities, if applicable 3. Submit Application: Applications can be submitted online through the Federal Authority for Identity and Citizenship (ICA) or via the Dubai Virtual Commercial City (VCC) portal. 4. Pay Fees: Pay the required processing fees for the visa application. 5. Attend Interview: In some cases, an interview may be required to assess the applicant’s eligibility and intentions. 6. Await Approval: The processing time can vary, but once approved, you will receive the Golden Visa. Check Out: Company Formation Services in Dubai Conclusion Dubai's Golden Visa program is a forward-thinking initiative designed to attract and retain global talent and investment. With its range of benefits and the promise of stability, the Golden Visa is an attractive option for investors, entrepreneurs, specialized talents, and outstanding students looking to make Dubai their home. By understanding the eligibility criteria and following the proper application process, you can take advantage of this opportunity to live and thrive in one of the world's most dynamic cities. Whether you are looking to invest, start a business, advance your career, or provide your children with a top-notch education, Dubai’s Golden Visa offers a pathway to secure your future in the UAE. Check Out: Business Setup in Dubai

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