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Dubai Golden Visa Requirements: What You Need to Know

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Dubai Golden Visa Requirements: What You Need to Know

Dubai Golden Visa Requirements: What You Need to Know

Published On:
May 21, 2023

If you're planning a visit to the UAE, whether for business, tourism, or any other purpose, understanding the Dubai golden visa requirements can help you secure long-term residency in the country.

With its strategic location, thriving commercial center, and stunning tourist attractions, the UAE is truly a unique and desirable destination, all things that enhance its position among other countries in the world.

The Dubai Golden Visa has recently updated its rules and laws, granting scholars, geniuses, and talented individuals in various fields the opportunity to obtain it. As part of this initiative, programmers now have an excellent chance to secure a golden residence visa in the UAE.

This new system is designed to attract skilled professionals and investments across all sectors, helping to position the UAE as a leader in culture, trade, science, and other areas. By providing a pathway for talented individuals to live and work in the country, the UAE hopes to foster an environment of innovation and growth.

In this article, we'll look at the most crucial golden visa Dubai requirements, as well as everything you'll need to receive one.

Latest UAE Golden Visa news and regulations 

The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has recently updated the rules and fees for the 10-year Golden Visa UAE. As per the latest news, the entry permit fees have been revised, and applicants can now expect a few changes.

 

The new entry permit fee for a six-month visa is now AED 1,250, which includes various charges such as an AED 1,000 issuance fee, AED 100 application fee, AED 100 smart services fee, AED 28 electronic services fee, and AED 22 for ICP. These updates reflect the government's efforts to streamline the visa application process and ensure that it remains accessible to all qualified applicants.

 

By offering a more straightforward and transparent application process, the UAE hopes to attract skilled professionals and investors from around the world and continue to position itself as a global leader in innovation and growth.

Dubai Golden Visa Benefits in 2023

The Dubai Golden Visa offers a range of benefits and advantages, including a six-month multiple-entry visa followed by a 10-year renewable residence visa, the ability to sponsor family members, and the option to stay outside of the UAE without nullifying the visa. Golden Visa holders can also sponsor an unlimited number of domestic helpers and parents for a 10-year residency without additional deposits. In the event of the Golden Visa holder's death, family members can remain in the UAE until the end of their permit duration.

 

Additionally, each emirate offers unique benefits for Golden Visa holders. In Dubai, for instance, foreign residents can take a UAE driver's test without needing additional lessons if they have a driving license from their home country. Golden Visa holders with licenses from 32 approved countries, including the US, UK, Australia, and Saudi Arabia, can automatically obtain a UAE driver's license. Moreover, outstanding expatriate students and their families in Dubai are eligible for a 10-year residency Golden Visa and discounts to pursue higher education in international university branches in Dubai, as announced by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.

Dubai Golden Visa Requirements

The requirements for a Dubai Golden Visa vary depending on the category of the applicant. However, some of the general requirements for the Dubai Golden Visa include:

  1. Having a valid passport
  2. Proof of income or financial stability
  3. Valid health insurance
  4. A clean criminal record
  5. A residency visa valid for at least six months (for applicants within the UAE)
  6. Meeting the criteria for one of the designated categories, such as investors, entrepreneurs, outstanding students, specialized talents, researchers in the fields of science and knowledge, and others.

 

Dubai Golden Visa Requirements for a 10-Year Residency

To be eligible for a 10-year Golden Visa in Dubai, investors must have investments of at least AED 2 million in the UAE, while investors in public investments must have at least AED 10 million, with 60% of it not in the form of real estate. Individuals with specialized talents, such as doctors, researchers, scientists, and artists, can also apply for a 10-year visa, as well as coders and highly skilled professionals in various fields. Scientists and researchers with significant achievements and influence in their field may also be eligible. Specific requirements and conditions apply for each category, and additional benefits are available for visa holders, including the ability to sponsor family members and domestic helpers.

Dubai Golden Visa Requirements for a 5-Year Residency

For a 5-year Golden Visa in Dubai, individuals who own properties worth AED 2 million or more in the UAE can register, and retired foreigners over 55 years of age with either AED 1 million investment or a monthly income of AED 15,000 can apply. Real estate investors purchasing a property worth less than AED 2 million may also be eligible. Entrepreneurs with a startup generating annual revenues of less than AED 1 million or who have previously sold an entrepreneurial project with a total value of not less than AED 7 million can apply for Golden Residence. Exceptional high school and university students with top grades are eligible for a 5-year residency visa, which also extends to their families. Specific requirements and conditions apply for each category, and additional benefits are available for visa holders, such as a multi-entry visa and the ability to sponsor family members and executives.

 

Read more: Dubai golden visa requirements and Freezoner services

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