GOLDEN VISA
Dubai has become one of the most popular destinations in the world, attracting millions of tourists every year.
However, in recent years, Dubai has also become a popular destination for people looking to move to the city permanently.
The Dubai Golden Visa is a program launched by the UAE government to attract investors, entrepreneurs, and skilled professionals to the city. On this page, we have provided details on the Dubai Golden Visa and its benefits.
WHAT SHOULD YOU KNOW ?
What is Dubai Golden Visa ?
The Dubai Golden Visa is a long-term residency program that allows foreign nationals to stay in Dubai for a period of up to 10 years. The visa is granted to individuals who meet certain eligibility criteria, such as investors, entrepreneurs, and skilled professionals.
Eligibility Criteria
The eligibility criteria for the Dubai Golden Visa varies depending on the category of the applicant.
However, the general eligibility criteria include:
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Investing in real estate in Dubai worth at least AED 1 million.
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Having a minimum monthly income of AED 30,000.
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Having a degree in a field of priority to the UAE.
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Holding a patent or being an owner of a business that is worth at least AED 500,000.
Benefits of Dubai Golden Visa
The Dubai Golden Visa offers several benefits to foreign nationals who are granted the visa. These benefits include:
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Long-term residency in Dubai for up to 10 years.
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The ability to sponsor family members for residency in Dubai.
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The ability to work and do business in Dubai.
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The ability to open bank accounts and purchase property in Dubai.
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The visa is renewable, subject to the applicant meeting the eligibility criteria.
How to Apply
The application process for the Dubai Golden Visa varies depending on the category of the applicant. However, the general steps include:
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Submitting an application to the relevant authority, such as the Dubai Department of Economic Development or the Dubai Land Department.
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Providing supporting documents, such as proof of investment or income.
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Undergoing a medical examination and obtaining health insurance.
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Paying the relevant fees.
Conclusion
The Dubai Golden Visa is an attractive option for foreign nationals who are looking to move to Dubai permanently. It offers long-term residency, the ability to work and do business in Dubai, and the ability to sponsor family members. If you are interested in the Dubai Golden Visa, make sure to research the eligibility criteria and the application process before applying.
Information provided may seem guaranteed but, may not be up to date.*
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