UAE Golden Visa: Everything you need to know
Obviously, long-term residency is a huge benefit for Golden Visa holders, but there are also tax benefits, plus investment, education and retirement opportunities that don't exist for other visa holders. Of course, as a UAE resident you benefit from the country's world class infrastructure and amenities, and can also sponsor your family under the visa.
Golden Visa holders can benefit from the following: an entry visa for 6 months with multiple entries
a long term renewable visa which is valid for 5 or 10 years
the ability to stay outside the UAE for more than the usual period of six months in order to keep their residence visa valid
the ability to sponsor family members
the ability to sponsor an unlimited number of domestic helpers
While these are the main benefits, there are other perks that come with the Golden Visa too such as: the ability to apply for a driving license without taking lessons
exclusive health insurance packages
greater flexibility with employment What are the criteria for a UAE Golden Visa?
There are several categories within the scheme. You need to consider the category that you will be applying for and seek proper advice to ensure it is the correct fit for you and matches your timelines. You can take a quiz to find out if you are eligible. A rough guide to the different criteria is as follows: Property Golden Visa
If you own a property or a portfolio of properties valued at over Dhs2,000,000, you may be eligible for a five-year residency visa. The property must be fully paid or financed through a loan from one of the UAE's approved local banks.
If you are an entrepreneur, you may be eligible for a visa for a period of 5 years if you own an economic project of a technical or future nature based on risk & innovation. The project value should not be less than Dhs500,000 Executive Directors Golden Visa
If you are at a certain level in your corporation, you may also be eligible. You'll need a monthly salary over Dhs50,000 a fully attested and translated degree, 6 months' bank statements and other documents. Special talents applicable for UAE Golden Visa
Outstanding talents include: doctors
scientists
creative people specialising in culture and art
inventors
specialists in scientific fields
athletes
doctoral degree holders
specialists in engineering
content creators and influencers
esports and gaming professionals
luxury yacht owners in Abu Dhabi
top achieving students
humanitarian pioneers
frontline heroes
It was also recently announced that nurses may be applicable to receive the golden visa, along with teachers that have proven exceptional contribution.
There are also similar concepts to the Golden Visa too such as the Blue Visa and Green Visa.
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