UAE Golden Visa permits investors and entrepreneurs to live : US Pioneer Global VC DIFCHQ SFO Singapore – Riyadh Swiss Our Mind

The UAE Golden Visa is available to foreign investors, entrepreneurs, scientists, and excellent international students and graduates.

The UAE Golden visa is a long-term residency visa that allows international talent to live, work, and study while receiving special perks. Investors, entrepreneurs, scientists, outstanding students and graduates, humanitarian pioneers, and front-line heroes are all eligible for the Golden visa.

The UAE’s ‘Golden visa’ is a long-term residency visa that allows foreign talent to live, work, or study in the UAE while receiving special privileges:

  • An entry visa for six months with multiple entries to proceed with residence issuance
  • A long-term, renewable residence visa valid for 5 or 10 years
  • The privilege of not needing a sponsor
  • The ability to stay outside the UAE for more than the usual period of six months to keep their residence visa valid
  • The ability to sponsor their family members, including spouses and children regardless of their ages
  • The ability to sponsor unlimited number of domestic helpers
  • The permit for family members to stay in the UAE until the end of their permit duration, if the primary holder of the Golden visa passes away.

Golden visa requirements depend on the type of residence, whether investor, talent, entrepreneur, etc.

Investors in public investments

If you invest in an accredited investment fund in the UAE, you could be eligible for a 10-year Golden Visa without needing a sponsor. To qualify, you must provide a letter from the investment fund confirming a deposit of at least AED 2 million, or submit a valid commercial or industrial license along with a memorandum of association showing that your capital is no less than AED 2 million. Additionally, you need to submit a letter from the Federal Tax Authority confirming that you pay at least AED 250,000 annually in taxes.

Real estate investors

If you own property or a group of properties in the UAE, you may be eligible for a 5-year Golden Visa, which can be renewed under the same conditions and without the need for a sponsor. To qualify, you must provide a letter from the land department of the relevant emirate confirming that you own properties worth at least AED 2 million. Additionally, if you purchase a property using a loan from specific local banks approved by the competent local authority, you may also qualify for the visa.

Entrepreneurs

If you are an entrepreneur, you may get a Golden visa for 5 years, if you own an economic project. In addition, you must have an approval letter from an auditor in the UAE stating that the project value is not less than 500,000 dirhams.

In addition, foreigners with outstanding specialised talents including doctors, scientists, creative people of culture and art, inventors, executives, specialists in scientific fields, athletes, doctoral degree holders and specialists in the fields of engineering and science can apply for the UAE Golden Visa if they meet the specific requirements.

Even students can get UAE golden visa to live and study in United Arab Emirates. High school students with a minimum grade of 95% in secondary school can receive a Golden visa for 5 years without a sponsor, subject to a recommendation letter from the Ministry of Education. Also, if you are an outstanding university student, you may be granted a Golden visa for a period of 10 years without a sponsor.

https://www.financialexpress.com/business/investing-abroad-uae-golden-visa-requirements-for-investors-and-entrepreneurs-living-working-or-studying-in-the-united-arab-emirates-3687680/?ref=business_hp