The golden visa in uae  is a long residence scheme that aims at bringing investors, professionals with skills, entrepreneurs, and great talents worldwide. It enables qualified people to work, study, and reside in the UAE without having to be sponsored by a local. The Golden Visa has turned out to be one of the most desirable residency programs in the world with its business-friendly environment and tax benefits in addition to the high quality of life.

What Is the UAE Golden Visa?

UAE Golden Visa is a 5 or 10-year renewable residency visa that is provided to eligible foreigners. In contrast to conventional residence visas, it is self sponsored, that is, it is not attached to a particular employer. It is convenient when it comes to long-term planning, career development and stability of family in the UAE.

The UAE Golden Visa has some crucial advantages.
1. Security of Long Term Residency.

The holders of the Golden Visa are granted, up to 10 years of residency with possibilities of renewing this right provided that the conditions of eligibility are satisfied.

2. No Local Sponsor Required

The visa is completely self sponsored and you are free to switch jobs, open a business or retire without visa problems.

3. 100% Business Ownership

You are allowed to establish a business and run it in the mainland of UAE without having to have a UAE national partner.

4. Family Sponsorship

The holders of Golden Visas have the opportunity to sponsor:

Spouse

Children of any age

Domestic workers

This renders it a good choice of families.

5. Travel Flexibility

Up to over six months you can remain out of UAE and your residency will not be cancelled.

Who is eligible in the UAE Golden Visa?

UAE provides the Golden Visa in a number of categories:

Investors

Eligible if you:

Invest in real estate of AED 2 million or above.

In possession of capital of AED 2 million in business.

Invest in an approved investment fund.

Entrepreneurs

The applicants should either have a business project valued at AED 500,000 or more, or must be selected by a certified business incubator.

Skilled Professionals

You may qualify if you:

Bachelor qualification or above.

Earn AED 30,000 minimum on a monthly salary.

Employment in areas like healthcare, IT, engineering, finance or education.

Exceptional Talents

Categories are doctors, scientists, innovators, artists, athletes, and researchers and are subject to approval by the government.

Outstanding Students

Top students and graduates of reputed institutions with good grades are also eligible.

Application Process on the UAE Golden Visa.

The procedure is simple to apply:

Indicate the category of eligibility.

Make the necessary papers (passport, qualifications, proof of investment etc.)

Register using the ICP or emirate-portals.

All medical examinations and Emirates ID regulations following the approval.

The processing periods take between 2 and 4 weeks, depending on the category.

The UAE Golden Visa: Why it Is Worth It.

The Golden Visa provides an unparalleled stability, worldwide mobility and entry to one of the safest and most dynamic economies in the world. The UAE is a perfect fit to a long-term stay and development due to the absence of personal income tax, a well-developed infrastructure, and favorable family-related measures.

FAQs – UAE Golden Visa
1. Is UAE Golden Visa causing citizenship?

No. The Golden Visa does not offer citizenship but only long-term residency.

2. Is it possible to apply to the Golden Visa outside the UAE?

Yes. Applications may be made electronically and those who are approved are issued with an entry permit.

3. Are there any income tax of Golden Visa holders?

No. Personal income tax is not levied in UAE.

4. Is it possible to switch jobs on a Golden Visa?

Yes. The visa does not require the employer hence there is the liberty to change jobs.

5. What is the duration of the Golden Visa?

The visa is renewable and has a life span of 5 or 10 years.