Golden Visa (Investment)

The United Arab Emirates (UAE) introduced the Golden Visa program in 2019 to attract investors, entrepreneurs, and professionals by offering long-term residency options. This initiative aligns with the UAE's strategic goal to diversify its economy and establish itself as a global hub for business and talent.

Key Features of the UAE Golden Visa

• Duration: The visa is valid for 5 to 10 years and is renewable, providing stability and long-term residence prospects.
• Eligibility: The program targets investors, entrepreneurs, individuals with specialized talents, researchers in various fields, and outstanding students.
• Benefits:
  • No need for a national sponsor; visa holders can sponsor themselves.
  • Ability to sponsor family members, including spouses and children, regardless of their ages.
  • No restrictions on the maximum duration of stay outside the UAE to keep the Golden Visa valid.

Investment Requirements

To qualify for the Golden Visa under the investment category, applicants must meet specific financial criteria:

• Real Estate Investment: Invest in property worth at least AED 2 million (approximately USD 545,000).
• Business Investment: Establish or invest in a company with a capital investment of at least AED 2 million.
• Public Investments: Invest in an investment fund accredited in the UAE with a minimum value of AED 2 million.

Application Process

• Prepare Documentation: Gather necessary documents, including proof of investment, valid passport, and health insurance.
• Submit Application: Apply through the Federal Authority for Identity and Citizenship (ICA) or the General Directorate of Residency and Foreigners Affairs (GDRFA) portal.
• Background Check: Undergo security and background checks as part of the application process.
• Medical Examination: Complete a medical fitness test as required by UAE regulations.
• Receive Visa: Upon approval, receive the Golden Visa and enjoy the associated benefits.

Conclusion

The UAE's Golden Visa program offers a pathway for investors to secure long-term residency in a country known for its dynamic economy, strategic location, and high quality of life. By meeting the investment criteria, individuals can capitalize on the myriad opportunities the UAE presents, fostering both personal and professional growth.