The Golden Visa program in Dubai was launched in 2019 to attract foreign investors and talented individuals to the United Arab Emirates (UAE). The program offers long-term residency visas to those who invest in the country or possess specific skills and experience.
To be eligible for a Golden Visa in Dubai, there are several categories of investors and professionals who can apply, including:
Investors: Individuals who invest a minimum of AED 10 million in a new or existing business in Dubai.
Entrepreneurs: Individuals who have a previous business experience of at least AED 500,000 or who have the approval of an accredited business incubator in Dubai.
Highly skilled professionals: Doctors, scientists, researchers, and specialists in various fields, who have made significant contributions in their respective industries.
Artists and creatives: Individuals who have significant artistic and cultural achievements and have been recognized internationally for their contributions.
The Golden Visa in Dubai offers a 5 or 10-year residency visa that is renewable. This visa allows individuals to reside and work in the UAE, as well as travel in and out of the country without the need for additional documentation. The program is seen as a significant opportunity for foreign investors and professionals looking to expand their business in the UAE, access new markets, and enjoy the country’s lifestyle and economic benefits.Step-by-step guide on how to apply for a 10-year Investor Visa in the UAE:
Step 1: Check your eligibility
To be eligible for the 10-year Investor Visa in the UAE, you must meet the following requirements:
Own property in Dubai worth at least 2 million AED, either under your name or jointly with your spouse (partnerships with others are not accepted).
Pay off any mortgage or installment plan on the property, with a NOC letter and proof of payment from the bank or developer.
Be present in the UAE.
Have a clear passport copy (valid for more than 6 months).
Have a high-quality digital photo that meets the ICP specifications.
Provide your old Emirates ID (if applicable).
Provide health insurance from any insurance company in the UAE.
Step 2: Gather the required documents
The documents you will need to apply for the 10-year Investor Visa in the UAE are:
A title deed for the property in Dubai worth at least 2 million AED.
A clear passport copy (valid for more than 6 months).
A high-quality digital photo that meets the ICP specifications.
Old Emirates ID (if applicable).
Health insurance from any insurance company in the UAE.
National ID for applicants from Iran, Pakistan, Iraq, Libya, and Afghanistan (if applicable).
Marriage certificate attested by MOFA and translated into Arabic (for joint ownership with spouse).
NOC letter and proof of payment from bank or developer if the property is mortgaged or on installment plan.
Step 3: Verify your documents
Go to the DLD cube reception on the ground floor of the Dubai Land Department to verify your documents.
Step 4: Pay fees and submit application
Submit your application and pay the required fees at the DLD customer service center.
Step 5: Wait for approval
Your application will be reviewed, and you will be notified of the decision.
That’s it! Once your 10-year Investor Visa is approved, you can enjoy the benefits of extended stay outside the UAE, safety and security in Dubai, the ability to sponsor family members, and the freedom to explore business opportunities in the thriving economy of the UAE.
Walton Consultants can help you to get Golden Visa. All you need to do is to send a message to us.