UAE Golden Visa: A Gateway to Long-Term Residency in the Emirates

The UAE Golden Visa is a long-term residency program launched by the government of the United Arab Emirates in 2019. This initiative aims to attract global investors, entrepreneurs, scientists, skilled professionals, students, and other talented individuals who can contribute to the UAE’s economic and social development. The visa offers either a 5-year or 10-year renewable residency, granting holders and their families long-term stability, access to services, and the ability to live, work, and study in the UAE.

Purpose and Vision

The Golden Visa program is part of the UAE’s strategy to retain top global talent and position the country as a global hub for innovation, entrepreneurship, and investment. By offering extended residency without the need for a national sponsor, the UAE creates an attractive destination for individuals and families seeking security, world-class infrastructure, and a thriving economy.

Who Can Apply?

The Golden Visa is available to several categories of applicants, including:

1. Investors – Individuals investing a minimum of AED 2 million in real estate or a UAE-based business.
2. Entrepreneurs – Founders or co-founders of successful start-ups registered in the UAE.
3. Scientists and Researchers – Those with high achievements in science and technology, approved by Emirates Scientists Council.
4. Professionals – Highly skilled workers such as doctors, engineers, IT experts, and educators in priority fields.
5. Outstanding Students and Graduates – Those with exceptional academic performance in UAE or global institutions.
6. Creative Talent – Artists, authors, and cultural figures with international recognition.
7. Executives and Humanitarian Workers – High-ranking professionals and those contributing to humanitarian causes.

Business and Investment Options

For investors, there are a few pathways:

• Real Estate Investment: Purchase of property worth at least AED 2 million.
• Public Investment: Deposit of AED 2 million in a UAE-based investment fund.
• Company Ownership: Establishment of a company with capital not less than AED 2 million or partnership in an existing business.

Entrepreneurs must demonstrate that their business has a minimum capital requirement and is innovative, scalable, and based in the UAE.

Key Benefits

The Golden Visa offers a range of advantages:

• Long-Term Residency: 5 or 10 years, automatically renewable.
• No Local Sponsor Required: Total independence in managing residency and business affairs.
• Family Inclusion: The visa extends to spouses, children, and domestic staff.
• Business Ownership: 100% ownership of business in most sectors.
• Stay Outside UAE: Flexibility to remain outside the country for over 6 months without visa cancellation.
• Enhanced Opportunities: Access to premium services, healthcare, education, and international networking.

Application Process

Applicants can apply through the Federal Authority for Identity and Citizenship (ICP) or the Dubai General Directorate of Residency and Foreigners Affairs (GDRFA). Required documents vary by category but generally include passports, proof of investment or qualification, and medical clearance.