DUBAI-34.96°C
ONE USD: 3.673 AED
04:46:09
DUBAI-34.96°C
ONE USD: 3.673 AED
4:46 AM

Blogs

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

Share

BLOGS YOU MIGHT LIKE iN SAME CATEGORY

How to Start a Business In Dubai

Wondering how to start a Business in Dubai!  Worry no more, we at Freezoner will tackle all the details of this crucial journey from start to finish. Let’s first state some facts before delving into this topic. Dubai is the number one destination for all ambitious investors who wish to kickstart their investment journey in […]

Details
The Complete Guide to the UAE Green Visa

  Before embarking on the details of the UAE Green visa, one cannot overlook the high potential of the ecosystem in the UAE that encourages professionals and investors to explore new opportunities in a supportive environment. UAE never fails to launch new rules that empower both residents and expats.   Thus, the UAE residency dream […]

Details
Profitable Business In Dubai In 2023

Profitable Business In Dubai In 2023    Dubai is the land of constant opportunities! But what makes it a point of attraction is that the UAE government makes it easier for investors to build their businesses faster than any other Arab country.  Not only that UAE opens doors for you to invest in a healthy […]

Details
7 Best Small Business Ideas in Dubai with Low Investment

Deciding on taking a big leap like opening your business is a take-it-or-break-it-deal, especially if you’re searching for a small business idea with low investment to start with. But what makes you confident in taking this step is that one of the safe investment-friendly cities to start your business in is admittedly Dubai. Besides, UAE […]

Details
How to Open a Restaurant in Dubai?

Wondering how to open a restaurant business in Dubai as a resident or expat?  We will tackle all you need to know to start your restaurant business in Dubai but firstly let’s ask why choose Dubai! As a cosmopolitan city as it is, Dubai is your number one destination to start your business, especially in […]

Details
Dubai Business Associates

Discover the Dubai Business Associates Program: Propel your entrepreneurial journey, forge connections, and unlock success in Dubai's dynamic business landscape.

Details
Key Steps Business Setup in Dubai

If you're considering establishing a new company or transferring your existing business to Dubai, you're making the right decision. Dubai, one of the most famous and densely populated emirates in the United Arab Emirates, has transformed into one of the world's most technologically advanced, exceptionally built, and popular business hubs as part of its journey toward becoming a smart city. This has made Dubai a global magnet for business events, corporate conferences, and meetings, attracting hundreds of entrepreneurs around the world who establish new businesses in Dubai every year. 

Details
Dubai Golden Visa Requirements: What You Need to Know

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.

Details
How to Get a Golden Visa Dubai: Ultimate Guide

Ever since the UAE government launched the Golden Residency system in 2019, ambitious young people and investors from all over the world have been dreaming of obtaining the Golden Visa Dubai. The UAE has grown to become a leading commercial hub, connecting the East and the West, and the demand for the Golden Visa is increasing every day.

Details
All Requirements To Create a Corporate Bank Account in The UAE

the United Arab Emirates has the most international and local banks in the vicinity of the Gulf Cooperation Council countries, as a result of its economic and tourism centrality in the region, as well as large capital investments from all over the world.

Details
Invest in the UAE and join the global millionaire club in 2023

Dubai tops the Arab list of the wealthiest cities, with a large number of millionaires reaching 68,400, including about 206 billionaires whose wealth exceeds $100 million and about 15 billionaires. Abu Dhabi comes second in the Arab ranking with 24,200 millionaires, making the UAE capital a focus of attention for many global investors.

Details
Top 5 Industries for Freelancers in the UAE

This year's National Freelance Week will take place from April 17 to 23, 2023. This week brings together freelancers, freelance businesses, and company owners to exchange ideas, ask and answer questions, and feel a part of a wider community.

Details
1 2 3
Freezoner is the UAE’s award-winning Business setup consultancy company that helps investors establish their business in the most cost-effective & efficient way

Home
Blog
Contact Us
Events
Services

(+971) 4 244 2279

Drag a button, link, or anything else into the icon box to place it below the text. Lorem ipsum dolor sit amet elit.

info@freezoner.net

Drag a button, link, or anything else into the icon box to place it below the text. Lorem ipsum dolor sit amet elit.

Office 2001, 20th Floor, Tower B, Business Central Towers “BCT”, Sheikh Zayed Road, Media City, Dubai 191412

Drag a button, link, or anything else into the icon box to place it below the text. Lorem ipsum dolor sit amet elit.

envelopebookphone-handsetmap-markerearthmagnifierarrow-right