All About The UAE Golden Visa 2024 - Process, Benefits & Eligibility!
All those who are interested to obtain the Dubai Visa for citizenship can now avail this opportunity to get a UAE Golden Visa which is quite trending all across the globe.
Let us now understand the concept of UAE Golden Visa, benefits of acquiring the same & the process of availing the same for all the Indian citizens.
This article will solve your following queries:
- How can one apply for UAE Golden Visa?
- What is the eligibility required to apply for your UAE Golden Visa?
- What is the process about applying for the same?
The Concept of UAE Golden Visa
In 2019, the UAE government launched the UAE Golden Visa which aims at helping Indians to settle, work & study in the UAE for atleast 10 years. The purpose behind this Golden Visa is to lure skilfulness from India along with providing them with the world class benefits such as living a high quality life in UAE. This visa is valid for atleast ten years which can be renewed for a a further stay as long as you want.
Is it best to apply for a UAE Golden visa?
Well, the answer is Yes. You should definitely apply for the UAE Golden Visa because of the various benefits you get to enjoy after acquiring it. The United Arab Emirates introduced this type of visa in the year 2019 & as per the stats, the country provided almost 78,000 Golden Visas across various categories. It is not just an ordinary visa that allows you to travel overseas but it comes with a lot of additional benefits.
Advantages of the Golden Visa are as Follows:
- Get an opportunity to study & work in the Emirates for atleast 10 years.
- Another best advantage for an Indian passport holder is that they can travel in and out of the country whenever they want as it is just three hours journey through airways.
- You can now apply for a hassle-free visa without the requirement of any sponsors who are the UAE citizens.
- Your residence visa will not be impacted even if you choose to stay outside UAE for more than 6 months.
- Emirates offer best discounts & deals to citizens with the golden visa on various services such as real estate, medical treatment, health insurance, banking, transport & many other hotel services.
- It also makes you eligible to sponsor unlimited domestic helpers from your motherland.
- You can enjoy the special offers and benefits with a UAE Golden visa in both the region, Abu Dhabi as well as in Dubai.
Eligibility to Obtain the Golden UAE Visa
Although it is extremely exciting to obtain a permanent residency in such a developed country, there are certain terms & conditions that the citizens are required to follow & they are mentioned below:
- You need to hold a graduate degree from an authorized university.
- In addition to it, citizens need to invest in a business related to real-estate.
- Citizens must obtain a monthly salary of minimum Dh30,000.
Thus, by fulfilling all the above conditions, one can easily apply for the UAE Golden Visa.
How can one apply for a UAE Golden Visa?
The motive of the UAE Golden visa is to invite skillful foreign investors to come and reside in the country increasing the working sector so that the country prospers to a greater level.
The Eligible categories for UAE Golden Visa are as follows:
- All those who own a start-up or entrepreneurs.
- All those interested in real estate or business, along with their family.
- Skilled professionals in various sectors of science, health, education, industry, researchers or religious researchers, preachers, art lovers, an athlete, innovator or experts in the area of digital technology, etc.
- Graduate or elite students from a UAE based school or accredited university, frontline workers or even people working for humanitarian organizations.
Requirements for Indian Passport Holders to Obtain the UAE Golden Visa:
Indian passport holders need to meet the following requirements in order to get the UAE Golden Visa:
- A Passport with six months validity.
- Must hold a graduate degree from an authorized university.
- Must be above 18 Years.
- Need to indulge in a minimum investment of AED 2,000,000.
- Provide a clear criminal record certificate.
- Medical certificate as a proof that you don’t have any health issues.
- If you are married, your spouse also need to fulfill the same requirements. In case of your son, he should be 25 years & above, children with disabilities or unmarried daughters are exempted from age criteria.
- All other domestic helpers must meet the basic requirements such as need to be 18 years of age or above, not be pregnant & with no criminal record.
Real Estate Investors need to fulfill the following criteria:
- Invest in a property of minimum AED 2,000,000 in the UAE without any loan.
- Continue with the investment for atleast two years after your Golden visa has been issued.
Non-real estate investors need to fulfill the following criteria:
- Invest in a company with a minimum amount of AED 2,000,000, or purchase any company’s shares or save it as a deposit.
- Business investors will have to pay the government a minimum of AED 250,000 as a tax money for two years before you apply for your UAE Golden Visa.
Entrepreneurs need to fulfill the following criteria:
- You need to be the owner of any start-up in the UAE or even choose to work in any partnership wherein the company must generate a minimum amount of AED 1,000,000 annually.
- You can also choose to be the founder of any well-known project which holds a minimum value of AED 7,000,000.
We at uae-visa.org will provide you with all the information regarding the documents required to acquire the UAE Golden Visa, help you with the entire procedure & also guide you accordingly throughout the process.
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