{"id":53171,"date":"2021-06-01T21:23:47","date_gmt":"2021-06-01T15:53:47","guid":{"rendered":"https:\/\/blog.akbartravels.com\/?p=53171"},"modified":"2021-06-01T21:23:47","modified_gmt":"2021-06-01T15:53:47","slug":"everything-you-need-to-know-about-uaes-golden-visa","status":"publish","type":"post","link":"https:\/\/www.akbartravels.com\/in\/blogs\/everything-you-need-to-know-about-uaes-golden-visa\/","title":{"rendered":"Everything You Need to Know About UAE’S Golden Visa"},"content":{"rendered":"\n

In 2019, the United Arab Emirates (UAE) applied a new system for long-term residence visas, thereby allowing foreigners to live, work and study in the UAE without the need of a national guarantor and with 100% proprietorship of their business. The Golden Visa system offers long-term residency to people belonging to certain groups.<\/p>\n\n\n\n

This amendment was taken about in a bid to entice new foreign residents, chiefly to the emirate of Dubai, following the economic disturbance caused by the pandemic.<\/p>\n\n\n\n

So, what does this Golden Visa offer?<\/strong><\/h2>\n\n\n\n
\"\"
Stunning view of the skyscrapers in UAE<\/figcaption><\/figure>\n\n\n\n

The\nGolden Visa system essentially offers long-term residency i.e. 5 and 10 years\nto individuals fitting to the following groups: investors, entrepreneurs,\npeople with unresolved talents the likes of investigators, medical\nprofessionals, and those within the technical and knowledge fields, and\nastonishing students.<\/p>\n\n\n\n

The\nmain advantage of the visa will be secured through the issuance of the Golden\nVisa, the UAE government has made it clear that they are dedicated to providing\nemigrants, investors, and everyone looking to make the UAE their home an\nadditional reason to feel protected about their future.<\/p>\n\n\n\n

Who can apply for the visa?<\/strong><\/h2>\n\n\n\n

Interested\npeople, who would want to apply for the Golden Visa, can do so through the\nwebsite of the Federal\nAuthority for Identity and Citizenship <\/a>\u2014the\nGeneral Directorate of Residency and Foreigners Affairs (GDRFA) or ICA (the\nchannel for residency and citizenship), which works under the ministry. While\nGDRFA offers online and offline channels, ICA offers only online channels.<\/p>\n\n\n\n

The\nprocedure is quite simple with applicants required to submit the essential\ndocuments and be eager to relocate to the UAE in agreement with their business\nventure.<\/p>\n\n\n\n

Who can apply for Golden Visa?<\/strong><\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

To apply for the 10-year visa, investors having no less than AED 10 million value of the public investment, either in the form of a company or an investment fund, can apply. Though at least 60 % of the entire investment should not be in the form of real estate and the invested amount should not be loaned, investors must have full ownership in the case of possessions.<\/p>\n\n\n\n

The investor should be able to maintain the investment for at least 3 years as well. This 10-year long visa can be extended to the business partners, providing that each partner funds AED 10 million. This long-term visa can also comprise the holder\u2019s spouse and children and one decision-making director and one advisor.<\/p>\n\n\n\n

Besides\nentrepreneurs, people with outstanding talent can apply for the visa as well.\nThese include doctors, scientists, investors, researchers, and artists. <\/p>\n\n\n\n

For the\n5-year visa, the rules are mainly alike for investors with the only alteration\nbeing the amount of investment required is AED 5 million.<\/p>\n\n\n\n

Excellent\nhigh school and university scholars are eligible for a 5-year residency visa in\nthe UAE. High school students who top in the country with a minimum of 95% and\nstudents from certain universities with a GPA of 3.75 or higher upon graduation\nare eligible. <\/p>\n\n\n\n

In\naddition to the above-mentioned, foreign residents who are looking to set up\ntheir business in the UAE can also apply for this 5-year permanent residency\nthrough the Golden Business Visa scheme.<\/p>\n\n\n\n

Conditions for people with specialized talents<\/strong><\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

People\nin the above-mentioned specialized talent group must achieve certain criteria\nto be eligible to apply for residency.<\/p>\n\n\n\n

While\nthe scientists must be attributed by the Emirates Scientists Council or holders\nof the Mohammed Bin Rashid Medal for Scientific Excellence, creative people in\nculture and art must be attributed by the Ministry of Culture and Knowledge\nDevelopment.<\/p>\n\n\n\n

Also,\nbrilliant talents must be recognized by copyrights or scientific research\npublished in a world-class journal.<\/p>\n\n\n\n

Doctors\nand experts should have<\/p>\n\n\n\n

\u00b7 Ph.D.\ndegree from top 500 universities in the world<\/p>\n\n\n\n

\u00b7 Award\nor certificates of gratitude in the field of the applicant\u2019s work<\/p>\n\n\n\n

Other programs introduced to bring in foreign residents?<\/strong><\/h2>\n\n\n\n

The UAE has also permitted an alteration to its residency laws permitting foreign university scholars to bring their families to the UAE, as long as they have enough money, appropriate accommodation, and monetary means to support them.<\/p>\n\n\n\n

In\nOctober 2020, Dubai also launched an exclusive residency program that allowed\nforeign working professionals, who were working from home, to reside in the UAE\nwhile continuing to serve their companies in their home country.<\/p>\n\n\n\n

In\nSeptember, the Dubai government had also launched a 5-year renewable Retirement\nVisa for immigrants aged 55 and over to live in the emirate. The program, known\nas the Retire in Dubai, is open to all retirees as long as they make a monthly\nincome of at least $5,500, own a property in Dubai worth $550,000, or have\nsavings of $275,000.<\/p>\n\n\n\n

So, if you wish to plan a trip to Dubai <\/strong>and are looking for cheap Dubai tour packages<\/a><\/strong> or visas<\/a>, visit our website for exclusive deals. <\/p>\n\n\n\n

Apply Dubai Visa Online<\/strong><\/h3>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Apply Visa Online<\/strong><\/h4>\n\n\n\n

Dubai Visa Online<\/a>\u00a0|\u00a014 days Dubai Visa<\/a>\u00a0|\u00a030 days Dubai Visa<\/a>\u00a0|\u00a060 days Dubai Visa<\/a>\u00a0|\u00a0Dubai Transit Visa<\/a>\u00a0|\u00a0UAE Visa<\/a>\u00a0|\u00a0Singapore Visa<\/a>\u00a0|\u00a0Malaysia Visa<\/a>\u00a0|\u00a0Thailand Visa<\/a>\u00a0|\u00a0Sri Lanka Visa<\/a>\u00a0|\u00a0US Visa<\/a>\u00a0|\u00a0UK Visa<\/a>\u00a0|\u00a0Schengen Visa<\/a>\u00a0|\u00a0Canada Visa<\/a>\u00a0|\u00a0Australia Visa<\/a>\u00a0|\u00a0New Zealand Visa<\/a>\u00a0|\u00a0France Visa<\/a>\u00a0|\u00a0Italy Visa<\/a>\u00a0|\u00a0Turkey Visa Online<\/a>\u00a0| \u00a0Philippines Visa<\/a>\u00a0|\u00a0Cambodia Visa Online<\/a>\u00a0|\u00a0Vietnam Visa Online<\/a>\u00a0|\u00a0Oman Visa<\/a><\/p>\n\n\n\n

International Holiday Packages<\/strong><\/h4>\n\n\n\n

Dubai Tour Packages<\/a> | Singapore Tour Packages<\/a> | Thailand Tour Packages<\/a> | Malaysia Tour Packages<\/a> | Sri Lanka Tour Packages<\/a> | US Tour Packages<\/a> | United Kingdom Tour Packages<\/a> | South Africa Tour Packages<\/a> | Europe Tour Packages<\/a> | Bali Tour Packages<\/a> | Mauritius Tour Packages<\/a> | Maldives Tour Packages<\/a> | Cordelia Cruise Packages<\/a> |<\/p>\n\n\n\n

Domestic Holiday Packages<\/strong><\/h4>\n\n\n\n

India Tour Packages<\/a> | Goa Tour Packages<\/a> | Kerala Tour Packages<\/a> | Leh Ladakh Tour Packages<\/a> | Himachal Tour Packages<\/a> | Andaman Tour Packages<\/a> | Rajasthan Tour Packages<\/a> | Uttarakhand Tour Packages<\/a> | Jammu and Kashmir Tour Packages<\/a><\/p>\n\n\n\n

Packages by Themes<\/strong><\/h4>\n\n\n\n

Honeymoon Packages<\/a> | Adventure Packages<\/a> | Visa on Arrival Packages<\/a> | Family Packages<\/a> | Romantic Packages<\/a> | Weekend Getaways Packages<\/a><\/p>\n\n\n\n

Flights To Dubai<\/strong><\/h4>\n\n\n\n

Mumbai Dubai Flights<\/a> | Delhi Dubai Flights<\/a> | Bangalore Dubai Flights<\/a> | Chennai Dubai Flights<\/a> | Kochi Dubai Flights<\/a><\/p>\n\n\n\n

Domestic Flights<\/strong><\/h4>\n\n\n\n

Pune Bangalore Flights<\/a> | Chennai Delhi Flights<\/a> | Bangalore Chennai Flights<\/a> | Mumbai Delhi Flights<\/a> | Bangalore Hyderabad Flights<\/a> | Ahmedabad Goa Flights<\/a> | Mumbai Kolkata Flights<\/a> | Hyderabad Delhi Flights<\/a> | Bangalore Goa Flights<\/a> | Mumbai Goa Flights<\/a><\/p>\n\n\n\n

International Flights<\/strong><\/h4>\n\n\n\n

Delhi Dubai Flights<\/a> | Delhi Bangkok Flights<\/a> | Delhi Toronto Flights<\/a> | Mumbai Dubai Flights<\/a> | Delhi Singapore Flights<\/a> |Delhi London Flights<\/a> | Delhi Kathmandu Flights<\/a> | Mumbai London Flights<\/a> | Chennai Singapore Flights<\/a> | Mumbai Singapore Flights<\/a> | Delhi New York Flights<\/a> |Kolkata Bangkok Flights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In 2019, the United Arab Emirates (UAE) applied a new system for long-term residence visas, thereby allowing foreigners to live, work and study in the UAE without the need of a national guarantor and with 100% proprietorship of their business. The Golden Visa system offers long-term residency to people belonging […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[106],"tags":[],"class_list":["post-53171","post","type-post","status-publish","format-standard","hentry","category-indian-travel"],"acf":[],"yoast_head":"\nEverything you need to know about UAE's Golden Visa<\/title>\n<meta name=\"description\" content=\"Planning to shifting to Dubai? Wondering what a Golden Visa is? 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