The UAE is a significant country in the Arabian Gulf. It has modern buildings, good transport systems, and excellent ways to communicate. The country is a good place to do business because it’s easy to connect with the world. Dubai is the second biggest city of the seven emirates and is the most vital city in the UAE for international business, finance, and trade. If you are thinking about living or working in Dubai, getting a Golden Visa Dubai is one of the best opportunities to take advantage of its strong economy and luxurious lifestyle.
The Golden Visa for Dubai is a special opportunity given by the UAE government. It allows specific people to live and work in Dubai for a long time. Even if you are an investor, a business owner, a skilled worker, a student, or someone ready to retire, this visa is like a golden ticket that makes your dreams come true. Additionally, if you purchase a property through a real estate company in Dubai, UAE valued at AED 2 million or more, it grants you the eligibility to acquire a 10-year Golden Visa.
Understanding Golden Visa In Dubai
The Dubai Golden Visa is a special type of visa that gives people the chance to live in the UAE for a long time. It was introduced in 2019 and has lots of exceptional benefits for people who want to stay in the country for numerous years. This visa is a great option for investors, workers, and even students. When someone gets the Golden Visa, they can live in the UAE for either 5 or 10 years.
People who have the Golden Visa in Dubai can live, and work in the UAE without needing a sponsor. This means they do not need an employer to support their stay. Also, Golden Visa holders can own businesses in the UAE, which is a big advantage. The rules for applying for this visa are not as strict anymore, and the process is quicker, so more people can apply. If you want to stay in the UAE for a long time and have lots of opportunities, the Golden Visa is a great choice.
Who Qualifies For A Golden Visa in Dubai?
Here is an overview of individuals who are eligible to apply for a Golden Visa in Dubai:
1. Investors
If you have money worth AED2 million or more, and you invest it in the UAE, you can apply for the Golden Visa Dubai. But remember, this money must be yours. If you borrow money, it will not be counted.
2. Investing in Real Estate
If you buy property in Dubai worth more than AED2 million through a real estate company in Dubai, UAE then you can apply for a Dubai Golden Visa.
3. Savings
If you put AED2 million or more in a bank in the UAE for at least two years, you can apply for the Golden Visa Dubai. This shows you have saved up a lot of money in the country.
4. Education
Students who do really well in school or university can apply for the Golden Visa Dubai. This applies to students studying in UAE schools and universities or students from the top 100 universities around the world. Your grades and the subjects you study will help to decide if you can get the visa.
5. Science and Research
Scientists or researchers who have a Master’s or PhD in areas like technology, engineering, life science, or natural science can apply for a Golden Visa in Dubai. They need to show how their work has made a difference or what amazing achievements they have made in their field.
6. Entrepreneurs
If you own or help run a small business (SME) in the UAE that earns at least AED1 million each year, you can apply for a Golden Visa Dubai. This is for individuals who wish to commence or run a business in the country.
7. Salary
If you earn AED30,000 or more every month for six months, and you have a job in the UAE with a contract that lasts at least a year, you can apply for the Dubai Golden Visa. This only works if your job is in the right fields, like professional or skilled work, and you have a Bachelor’s degree or higher.
Golden Visa Dubai Requirements
Here are some key Golden Visa Dubai Requirements that you must know before applying:
- Buy a property worth at least AED 2 million (about USD 550,000)
- Buy a property worth AED 2 million or more with a loan from a local bank
- Buy off-plan properties worth AED 2 million
- You need to be 18 years or older.
- You need to be in good health.
- You need to have a clean criminal record.
If you decide to invest in the Dubai real estate market with a company like Miva Real Estate, which helps people find and buy properties in the UAE, you can also look into getting this special Golden visa in Dubai.
How To Apply Dubai Golden Visa
Follow the given steps to apply for a Golden Visa Dubai:
- Go to the official GDRFA Dubai website
- Look for the Golden Visa option on the list of services. If you are applying as a real estate or public investor, you need to pick the "Investor Residency Visa (Golden Visa)" option.
- Click on “Start Service” to begin the process. Log in to your account, fill in the required details, and upload the necessary documents.
- After you have completed your application, you need to pay a fee for the service. The authorities will check your application and will inform you about the further steps.
How Much Does The Golden Visa cost?
If you are applying for a 10-year Golden Visa, here is what you need to pay:
- Application Fee: AED 2,657
- Medical Checkup: AED 700
- Emirates ID: AED 1,153
You also need to buy health insurance because it is not included in the Golden Visa. After you apply, it might take anywhere between 30 and 72 days for the process to be completed.
UAE Golden Visa: A Gateway To Global Creativity
The UAE has become a global leader in creativity and innovation in the last few years. The UAE is also connecting Europe, Africa, and Asia which makes it a great place for new ideas and projects. If you dream of taking your creative work to a global level, the Dubai Golden Visa is a great chance to be part of this amazing growth over the next 10 years. It opens doors to new opportunities in a country that is growing fast and full of exciting possibilities.
Also, if you are thinking about investing in Dubai’s real estate market, it’s a good idea to get help from a trustworthy real estate agency like MIVA Real Estate. We are one of the top real estate agencies in Dubai, and we can help you find properties that match your requirements. Buying property here could also make you eligible for the UAE Golden Visa.