If you are considering applying for a Golden Visa Dubai, several eligibility criteria you need to meet. In this comprehensive guide, we will take a closer look at what you need to know to increase your chances of success. Let us look:
What is Golden Visa Dubai
Golden Visa UAE is a type of residency permit that allows individuals to live and work in the United Arab Emirates for an extended period. It is called a “Golden” Visa because it offers long-term residency to successful applicants, which is a highly desirable status in the region. To qualify for a Golden Visa in Dubai, you need to meet certain criteria such as property investment, business investment, employment, special talent, or education. Once you meet the eligibility criteria, you can apply for a Golden Visa through the Federal Authority for Identity and Citizenship website.
Golden Visa Dubai Criteria
To apply for a UAE golden visa, you will need to meet one of the following criteria:
1. Property Investment
Investing in a property worth AED 1 million or more in Dubai will make you eligible for a Golden Visa. The investment must be completed and paid in full, and it can be either residential or commercial.
2. Business Investment
Another way to qualify for a Golden Visa in Dubai is by investing in a new or existing business. You will need to invest at least AED 1 million in a business in Dubai to be eligible for this type of visa. The investment should be made in a company or a venture capital fund approved by the Dubai government.
3. Employment
If you are employed in Dubai and meet certain salary requirements, you may be eligible for a Golden Visa. To qualify, you will need to earn a monthly salary of at least AED 30,000. You will also need to have a valid employment contract and a minimum of two years of professional experience.
4. Special Talent
Individuals with special talents in the fields of science, art, or culture can also qualify for a Golden Visa in Dubai. To be eligible, you must be recognized as a pioneer or outstanding talent in your field by a relevant international organization or have won a major international award.
5. Education
Finally, students who graduate from a recognized university with a grade point average of 3.8 or higher can apply for a Golden Visa in Dubai. This visa will allow them to stay in the UAE and pursue their careers or further education.
Criteria for Silver and Green Visa Dubai
The Green Visa and Silver Visa are two new residency options available in the UAE. The Green Visa is for remote workers, entrepreneurs, and investors. While the Silver Visa is for retirees and property investors. The Green Visa UAE offers a three-year residency permit that allows individuals to live and work in the UAE.
It also provides the option to sponsor family members and dependents. The silver visa UAE offers a five-year residency permit and provides retirees and property investors with a pathway to permanent residency. Both the Green and Silver Visas have less stringent eligibility criteria compared to the Golden Visa, making them a suitable alternative for those who do not meet the requirements.
Apply for Golden Visa UAE
Once you meet the eligibility criteria, you can apply golden visa application Dubai. The interaction includes presenting the expected reports and paying the important charges. You can submit your application online through the Federal Authority for Identity and Citizenship (FAIC) website.
It is also important to note that the UAE government has recently introduced the Green Visa and Silver Visa. Which offers a pathway to permanent residency with less stringent eligibility criteria. The Green Visa is especially for remote workers, entrepreneurs, and investors. While the Silver Visa is for retirees and property investors. If you do not meet the requirements for a Golden Visa, these may be suitable alternatives to consider.
Conclusion
Obtaining a Golden Visa Dubai is a desirable option for those seeking long-term residency in the UAE. By meeting the eligibility criteria and following the application process, you can increase your chances of success. It is also worth exploring the Green Visa and Silver Visa options. Which may be a suitable alternative if you do not meet the criteria for a Golden Visa.
