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Golden Visa Service

Learn About the UAE Golden Visa

If you would love to travel, study or work abroad, there is no doubt that the United Arab Emirates would be one of your most suitable destinations. The UAE offers attractive incentives and a variety of residency options which makes the experience of living in the UAE unparalleled.

How to Obtain Residency in the UAE

Whether for the purpose of living and working, studying, or scientific and academic development, expatriates from various different countries and nationalities may apply for a residence visa in the UAE if they fall into one of the following categories:

  • Those employees recruited to work in the government sector – In these circumstances, the relevant government agency will assist the employee to obtain a residency visa under its sponsorship.
  • A private company with an approved and existing license in the UAE may assist its employees to apply for a residency visa under its sponsorship.
  • Entrepreneurs/ investors who seek to establish their businesses and invest in the UAE can apply for a residence visa with the sponsorship of their registered company.
  • Subject to certain conditions, purchasing real estate in the UAE enables one to obtain a residence visa for the property owner.
  • Persons with specialized talents and researchers in various fields of science, technology and knowledge.
  • Academically strong students with promising scientific capabilities.

Conditions for Obtaining a Residency Visa

Applicants for residency visas, whether applying for the first time or for the renewal of an existing visa, must undergo a medical fitness assessment if they are aged 18 and over, and must also pass a security check test in order to be eligible for an Emirates ID Card. This ID Card is a form of identification provided by the UAE Government to its lawful residents.
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The Term of the Residency Visa

The Term of the Residency Visa

Depending on the type of visa, the duration of stay varies from one to three years.

In accordance with Cabinet Resolution No. 56 of 2018, there are now additional categories available where applicants who comply with certain requirements can obtain a long-term residence visa for a period of ten (10) years or five (5) years for those expatriate residents choosing to retire in the UAE.

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Long-Term Residency Visas

Long-Term Residency Visas

As mentioned previously, the UAE recently implemented a system for the granting of long-term residency visas for periods of 5 and 10 years to investors, entrepreneurs and professional talents. These are the so-called, “Golden Visas”.

In order to qualify for the new long-term stay visa, applicants must meet certain criteria as discussed below. Once granted, these long-term residency visa will also extend to the families of eligible applicants and will be automatically renewed should the applicant continue to meet the required criteria.

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10-Year Residency Visa

10-Year Residency Visa

The Federal Authority for Identity and Citizenship has prescribed the following categories of applicants who may be eligible for a 10-year residency visa:

  • Investors

Applicants who have made public investments in the UAE with a value of not less than AED 10 million, provided that any non-real estate investments are more than 60% of the total of such investments. Furthermore, the investment amount may not be the subject of a loan and must be retained for at least 3 years.

  • Talented Individuals

The UAE welcomes persons with specialized talents and researchers in the fields of science, technology and knowledge, including scientists, doctors, specialists, inventors and creative individuals in the fields of art and culture.

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5-Year Residency Visa

5-Year Residency Visa

The following groups are eligible to apply for a five-year residency visa:

  • Real Estate Investors

Those investors who own an investment property in the UAE, subject to the following criteria:

  • The gross investment value of the real estate may not be less than AED 5 million;
  • The amount invested in the real estate may not be the subject of a loan;
  • The Real Estate Investment must be retained for at least three years;
  • The investor should not be insolvent or a debtor, or have financial issues and civil trials that diminish his financial competence.

Entrepreneurs:

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Note that the scope of the 5-year residency will extend to include students’ families as well.

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