The Golden Visa is a service offered by the Federal Authority for Identity, Citizenship, Customs, and Ports Security, allowing eligible individuals to obtain long-term residency in the UAE for five to ten years. This initiative enables residents, foreign expatriates, and their families to live, work, and study in the UAE without needing a local sponsor, with the visa being automatically renewed. The system is designed to foster a supportive environment for business growth and success in the country.
To bolster the Golden Visa system, the Council of Ministers has implemented a long-term residency visa program aimed at attracting investors, entrepreneurs, talented individuals, and outstanding students. This includes investors with a minimum investment of AED 2 million, entrepreneurs with innovative projects, and individuals with exceptional skills in fields such as science, technology, medicine, and sports. Outstanding students with a GPA of 3.8 or higher from accredited universities, as well as PhD holders and professionals in specialized fields like artificial intelligence, big data, and biotechnology, are also eligible.
The Authority is committed to adopting best practices and continuously improving its services to support the UAE’s development goals. Through its website (www.icp.gov.ae) and smart application (ICP UAE Smart), the Authority provides comprehensive information and guidance on the Golden Visa application process. Applicants can submit their applications online, provide necessary documentation, and pay fees securely.
Conditions and Criteria for the Golden Visa:
The Golden Visa system offers a 10-year residency to enhance the UAE’s competitiveness and create a business-friendly environment. Below are the specific requirements for different categories:
UAE Golden Visa Requirements for Investors:
- A business idea or plan to establish a legal entity in the UAE.
- Proof of a deposit of AED 2 million in an approved investment fund or a valid commercial/industrial license with a capital of at least AED 2 million.
- Alternatively, a partnership in an existing or new company with a minimum investment of AED 2 million, not financed by a loan.
- A letter from the Federal Tax Authority confirming annual government payments of at least AED 250,000.
UAE Golden Visa Requirements for Real Estate Investors:
- Proof of property ownership worth at least AED 2 million, free of loans, from the relevant emirate’s Real Estate Registration Department.
- Evidence of housing in the UAE (ownership or rental contract).
UAE Golden Visa Requirements for Entrepreneurs:
- An auditor’s approval confirms a project value of at least AED 500,000.
- Approval from local authorities for technically advanced or future-oriented projects.
- Accreditation from a UAE-based business incubator for new projects.
- Valid passport, health insurance, and proof of housing.
UAE Golden Visa Requirements for Outstanding Talents:
- UAE Golden Visa Requirements for Doctors and Scientists: Approval from the Ministry of Health or a recommendation from the Emirates Council of Scientists.
- UAE Golden Visa Requirements for Professionals and Inventors: Approval from the Department of Culture and Arts or the Ministry of Economy.
- UAE Golden Visa Requirements for Executives: A certified degree, minimum 5 years of experience, and a salary of at least AED 50,000.
- UAE Golden Visa Requirements for Specialists and Athletes: Specialized certifications or recommendations from relevant authorities.
- UAE Golden Visa Requirements for PhD Holders and Engineers: Certified degrees in priority fields and valid work contracts.
UAE Golden Visa Requirements for Outstanding Students:
- UAE Golden Visa Requirements for High School Students: A recommendation from the Ministry of Education for a 5-year visa, extendable if pursuing specialized studies.
- UAE Golden Visa Requirements for University Students: A GPA of 3.8 or higher for a 10-year visa, with the ability to sponsor family members.
The Golden Visa system underscores the UAE’s commitment to attracting global talent, fostering innovation, and supporting economic growth. Applicants can begin the process by submitting their applications through the Authority’s smart platforms, ensuring a streamlined and efficient experience.
So, don’t waste too much time, and get the opportunity as soon as possible. For more information, visit the following links.
To apply for UAE Golden Visa, visit the link how to apply for UAE Golden Visa
To create account for UAE Golden Visa, visit the link how to create new account for UAE Golden Visa
To get more details about UAE Golden Visa Categories, visit the link UAE Golden Visa Categories
To check who is eligible for UAE Golden Visa, visit the link UAE Golden Visa Eligibility