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Golden visa UAE

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Designed to appeal to investors, entrepreneurs, top-tier field professionals, and outstanding talent considering relocation to the Emirates, the Golden Visa program offers a host of exclusive advantages aimed at enhancing your experience and facilitating your endeavors in the country. In this guide, we delve into various aspects of the UAE Golden Visa and outline the most important ones for its prospective holders.

Advantages of the Golden Visa Program

Aside from the benefits that come with most UAE residency visa types, the UAE Golden Visa has several unique advantages as well as enhanced versions of the more common ones. These are the key benefits:

  1. Extended Visa Validity

    The UAE Golden Visa offers an extended validity period of 10 years, providing holders with greater flexibility and peace of mind for their residency status.

  2. Family and Domestic Staff Visa Sponsorship

    Holders of the Golden Visa are privileged with the ability to provide visas for their family members and household staff, thus facilitating safe and smooth relocation and settlement.

  3. No Employer Sponsorship Requirement

    As opposed to traditional visas, the Golden Visa does not necessitate sponsorship from an employer, granting individuals autonomy and independence in their residency status.

  4. Freedom from Six-Month Entry Requirement

    Golden Visa holders are exempt from the requirement to enter the UAE every six months to maintain the validity of their visa, offering convenience and flexibility in travel plans.

  5. Diverse Eligibility Options

    Currently, the Golden Visa program offers a diverse range of eligibility criteria, catering to a much wider array of individuals than before, including professionals in different fields, extraordinary athletes and students, etc.

    Other advantages include access to better education and healthcare, enhanced business and investment opportunities, benefits in taxes and banking, freedom of traveling, the ability to buy real estate, and even additional retirement planning options. Moreover, just like with regular visas, individuals can apply for a Golden Visa online with a minimum of document requirements.

Potential Candidates for the UAE Golden Visa Program

As part of its mission to attract exceptional talent to the country, the Golden Visa program has expanded its eligibility criteria to cover a larger spectrum of individuals in recent years. Presently, the list of potential applicants includes the following categories and subcategories:

1. Investors

  •  Investors in a bank deposit with a confirmed investment of AED 2 million.
  •  Investors in the real estate sector with a purchased property estimated at AED 2 million.
  •  Entrepreneurs with significant innovative projects with an assessed value of AED 500,000.

2. Field professionals

  •  Doctors and scientists with recommendation and approval letters and certificates from the corresponding authorities.
  •  Inventors with recommendation letters confirming their patents’ value.
  •  Culture and art talents with recommendation letters.
  •  Engineers and researchers with a Bachelor's or Master's degree and recommendations.
  •  Athletes with recommendation letters.
  •  Company executives with confirmed education, work experience, and an AED 50,000 monthly salary.

3. Students

  •  Students of private and public high schools with excellent grades and recommendation letters.
  •  University students and graduates of UAE’s top-tier universities with excellent academic records and recommendations.
  •  Students and graduates of the world's top 100 universities with confirmed achievements.

4. Individuals with significant achievements in humanitarian work

  •  Individuals with awards for their achievements.
  •  Individuals with 5 years of work in humanitarian organizations.
  •  Individuals funding work in the humanitarian sphere with the support value assessed at AED 1 million.

5. Frontline heroes

  •  Individuals with recommendations from the relevant authorities confirming their outstanding contribution during crises.

Golden Visa UAE Eligibility Requirements

When it comes to basic requirements for entering the Golden Visa program, they are as follows:

  •  Individuals and their spouses aged 18 and above
  •  Verifiable income sources
  •  Clean legal record
  •  No socially hazardous infectious diseases
  •  Unmarried sons of said individuals under the age of 25
  •  Unmarried daughters of said individuals of any age

Obtaining a UAE Golden Visa

In order to apply for and secure a Golden Visa, you must:

  1. Fit the eligibility criteria
  2. Gather the necessary papers confirming your eligibility
  3. Apply for the Golden Visa online or offline and provide the gathered documents
  4. Pay the procedural fees and wait for your request to be pre-approved
  5. Cancel your current visa (if any) and secure your Golden Visa.

Real Estate Options at Everhomes for Investors Interested in Golden Visa

Evehomes offers an array of property options suitable for those interested in obtaining the UAE Golden Visa, from apartments to luxury villas and townhouses.

Project Name Property Type Floor space Minimal cost Location Project Completion

Me Do Re

 1-3 bedroom apartments 40 — 208 sq. m. AED 836,000 Jumeirah Lakes Towers, Dubai Q3 2023

SO/Uptown Dubai Residences

 1-3 bedroom apartments and penthouses 65 — 311 sq. m. AED 2,012,138 Jumeirah Lakes Towers, Dubai Q3 2023

Sky Gardens

 1-2 bedroom apartments 78 — 132 sq. m. AED 1,344,268 DIFC, Dubai Ready to move in

Conclusion

In short, the UAE Golden Visa presents a spectrum of opportunities for quite a diverse list of potential applicants along with their families. It offers the chance to reside and conduct business in a nation renowned for its conducive environment, lucrative commercial opportunities, and expansive avenues for personal growth, all while ensuring security and stability for both individuals and their loved ones.