Dubai Golden Visa is a highly coveted and lucrative programme that allows qualified individuals to live, work and invest in the United Arab Emirates (UAE) without the need for sponsorship from a UAE national. Under this programme, individuals can enjoy the many benefits that come with living in Dubai, including access to world-class healthcare, education, and infrastructure.
What is Dubai Golden Visa Programme
The Dubai Golden Visa Programme is a residency program, that allows foreigners who invest in Dubai or have expertise in specific fields to obtain a long-term residency visa in Dubai. Under the Golden Visa program, visa holders can reside in Dubai for five or ten-year periods.
The program is aimed at attracting and retaining high-skilled and high-net-worth individuals who can contribute to the growth of the UAE’s economy. The visa holders can also sponsor their parents and children, and have the added advantage of not requiring a sponsor to apply for a visa in Dubai.
The Dubai Golden Visa program is open to investors, entrepreneurs, scientists, academic and research professionals, and outstanding students, among others. To be eligible for the program, foreign investors and entrepreneurs are required to make a significant investment in the Dubai economy, while other applicants will have to demonstrate their expertise and achievements in specific fields.
Benefits of Golden Visa in Dubai – UAE
In this article, we will explore some of the many benefits of Dubai Golden Visa in more detail.
1. Long-term stay in Dubai
Dubai Golden Visa allows qualified individuals to live in Dubai for up to 10 years years, which is a significant advantage for people who want to stay in Dubai for an extended period. This programme is ideal for people who want to enjoy a high standard of living, explore new opportunities or start a business in Dubai.
2. Opportunity to start a business in Dubai
Dubai is known for being a business-friendly city, with many attractive tax incentives and a low cost of doing business. Dubai Golden Visa allows qualified individuals to start a business in Dubai without the need for a local partner or sponsor, which is a significant advantage. This programme encourages foreign investment and promotes the growth of the economy.
3. Access to world-class healthcare
Dubai is known for its world-class healthcare facilities, with top-notch hospitals and clinics offering advanced medical treatments. Dubai Golden Visa allows individuals to access these facilities, ensuring that they receive the best possible care in case of any medical emergencies.
4. Access to exclusive clubs and events
Dubai is famous for its exclusive clubs and events, which are usually restricted to members only. Dubai Golden Visa allows individuals to gain access to these exclusive clubs and events, enhancing their social circle and enabling them to enjoy the many entertainment options that Dubai has to offer.
5. Investment opportunities
Dubai is a hub for investment opportunities, with a flourishing real estate market and many other lucrative investment options. Ten year Dubai Golden Visa allows qualified individuals to invest in Dubai without the need for a local partnership
Criteria And Procedures To Obtain Golden Visa In Dubai , United Arab Emirates
Dubai is a great place to build a career, do business or simply enjoy the lifestyle this bustling city-state has to offer. For those who wish to stay in Dubai for a long time, or even make it their permanent home, the UAE Golden Visa is an excellent opportunity to do so. Here’s how you can obtain the UAE Golden Visa in United Arab Emirates. Obtaining a Dubai Golden Visa opens doors to numerous benefits, including a long-term residency, freedom to work or invest in Dubai, and the possibility of becoming a permanent resident. Meeting the eligibility criteria, submitting a solid application, and waiting for the approval process can be straightforward if you follow the right steps.
1. Meet the Eligibility Criteria
To qualify for the Dubai Golden Visa, you need to meet certain eligibility criteria, which include:
A minimum salary of AED 30,000 per month if you are a freelancer or a shareholder or an employee
Investment in real estate worth AED 2 million or more
Investment in an active company in the UAE with a minimum capital requirement of AED 10 million
An outstanding talent in the fields of science, medicine, research, or arts
An entrepreneur with a successful track record for a minimum of five years
2. Apply for the Dubai Golden Visa Online
You can apply for the Golden Visa online through the Federal Authority for Identity and Citizenship (ICA) website. The application process involves uploading necessary documents and paying the fees online. The documents required for the Golden Visa application include a copy of your passport, photographs, proof of income, and proof of investment.
3. Wait for Approval
The approval process for the Golden Visa can take anywhere from two weeks to several months, depending on your application status. Once approved, you will receive an email and a message on your phone. You can then visit the ICA website to download and print your Golden Visa.
4. Attend the Residency Process
After obtaining the Golden Visa, you will need to attend the residency process to receive your Emirates ID and complete other formalities such as opening a bank account or registering your car. This process requires attending an appointment at the Emirates ID centre and completing biometric scans and other verification procedures.
Nex Consultants Dubai Golden Visa Services in Dubai , UAE
The process is smoother if you engage a professional consultancy firm to guide you through the process. So, apply for the Dubai Golden Visa, take advantage of Dubai’s excellent opportunities, and enjoy the lavish lifestyle the city-state has to offer.
NEX consultants can assist individuals to obtain the Golden Visa in the UAE . NEX approach on golden visa application as follows.
Understanding Eligibility Criteria: NEX consultants can provide information about the eligibility criteria for the Golden Visa program, including the investment requirements, business opportunities, and other requirements.
Identifying Investment Opportunities: The consultants can help to identify suitable investment opportunities based on the applicant’s interests and financial goals, such as real estate, technology, or renewable energy.
Application Process Guidance: NEX consultants can offer guidance on the application process for the Golden Visa program, including documentation, timelines, and legal requirements.
Liaison with Local Authorities: NEX consultants can facilitate communication with relevant authorities and government agencies to expedite the application process and ensure compliance with local regulations.
Post-Visa Support: NEX consultants can offer ongoing support to clients, including assistance with residency permits renewal , business setup, and other legal matters.
NEX consultants can provide comprehensive assistance to individuals seeking to obtain the Golden Visa in the UAE.