dubai golden visa unique features
- Author- Shruti
- Publish Date-
Receiving a Dubai Golden Visa has always been associated with prestige and honor. We come across several articles about eminent personalities getting a Golden Visa in Dubai. For instance, Indian actor Sanjay Dutt was recently honored with a Dubai Golden visa. But what benefits does a Golden visa come with? Why is it considered so prestigious? We’re here to answer all these questions.
The article talks about a unique feature of the Dubai Golden Visa and elaborates on what this visa is and the facilities that a Golden Visa holder enjoys in Dubai.
Dubai Golden Visa - What it is
Launched in 2019, a Golden Visa is a long-term residence visa issued by United Arab Emirates (UAE). Under this system of visas, the holder can live, work, or study in UAE without any national sponsorship. Moreover, he also retains 100 percent ownership of his business.
The Golden Visa was successful in attracting new foreign residents and investors. Newer settlements were observed, especially in Dubai.
Unique Features of a Dubai Golden Visa
The primary benefit of getting a Golden visa is long-term residency in Dubai. The holder can stay up to 5 to 10 years without getting to renew his visa. The following categories of people are usually entitled to a Golden visa.
- Medical Professionals
- Individuals from scientific fields
- Remarkable students
Another prominent reason to apply for a Dubai Golden Visa is security. Through a Golden Visa, the government of UAE has allowed the holder to live in the country and establish his business there, making him feel more secure about his future.
Also Read: A Guide to Dubai Freelance Visa
How Can You Get a Golden Visa?
Everyone who’s willing to apply for a Golden visa can visit the Federal Authority of Identity and Citizenship (ICA) website and submit a request. All the visa-related processes in UAE are looked after by ICA. In other words, a Golden visa can be applied through the e-channel of identity and citizenship.
You can also apply for a Golden Visa through the General Directorate of Residency and Foreigners Affairs (GDRFA). This authority is directly accountable to the ministry in the Emirates and works through both offline and online channels (unlike ICA, which works through an online portal only).
You can get in touch with the team at Dubai Visa Center to start your UAE Golden Visa process. The visa application portal has been a helping hand to over 300k clients, enabling them to get a Dubai visa within 3-4 days. The company offers 100% assurance on visit visas and is looking forward to helping you get your Dubai visa effortlessly.
Eligibility for a Golden Visa Dubai
1. Criteria for Investors
The investors planning to apply for a 10-year Golden visa are considered eligible if
- They hold a minimum of AED 10 million worth of public investment
- Their investment may comprise an investment fund or a company
- Not more than 40% of their investment must be in the form of real estate
- They must hold 100% ownership of their assets/investments i.e the investment must not be loaned
A point to be noted is that the investor must be capable of retaining his investment for at least 3 years. If he’s willing to bring in new business partners, he may also apply for an extension, provided that all the new partners bring in at least AED 10 million worth of investment/capital.
For a 5 years visa, the eligibility criteria are more or less the same as a 10-year visa. The only difference is the amount of investment. An investor can apply for a 5-year Golden Visa if he holds 5 million worth of investment.
2. Criteria for Individuals
Apart from investors, individuals with special talents can also request a 10-years Golden visa if they meet the following eligibility criteria.
- Belongs to the following fields:
The visa will be issued to them after scrutiny from their respective departments.
3. For students
Students can apply for a 5-year Golden visa if
- They rank the highest in their country
- Have scored a minimum of 95 percent in their university/high school
- A GPA of 3.75 in graduation for certain universities
In The End
If you think you deserve a Dubai Golden Visa, you can start your visa application today by contacting us through our website. Wishing you the best with your Dubai visa!