Everything about UAE Golden Visa 2024: The Process, Benefits & Eligibility

The golden visa is a game-changing element, especially for foreigners seeking a life full of possibilities in a city like Abu Dhabi, Dubai and more. The concept of the UAE Golden Visa being introduced has attracted diversified people, be it entrepreneurs, doctors, talented professionals, or even scientists. The towering skyscrapers, the bustling market, and the luxurious lifestyle all together add to the beauty of living in this city.

If you are one of those who are attracted to this city life and want to be a part of this city, call it your second home with the Golden Visa. Here is why the long-term residency visa is the best thing for you in terms of putting your money into getting it and leading a perfect life. Here is a quick step-by-step process for obtaining a long-term permanent residency in this sought-after address.

Advantages of the Golden Visa as an Investor

• Get the opportunity to work, study and live in the UAE for 10 years and it is renewable too
• You can travel in and out of the city without having to stay a minimum or maximum in your home country
• You get to live in a secure environment for the long term without eliminating the need for frequent visa renewals
• You can sponsor your family members, including parents, kids, household, drivers and so on, without the need for their visa.
• You have the freedom to own a property in the UAE with a streamlined process
• You can open your own business in the UAE and get dedicated benefits and rights out of it
• Ability to access world-class healthcare and education for you and your family.
• The ability to enjoy a highly exceptional lifestyle with a high standard of living experience.

Eligibility for UAE Golden Visa: Are you Capable of applying?

• Public Investors
• Entrepreneurs and startup owners
• Exceptional talents
• Scientist
• Skilled professionals
• Students
• Humanitarian pioneers
• Exceptional coders

Documentation & Paperwork

To apply for the UAE Golden Visa, you're required to go through a lot of documentation to be successful in your application. Along with the form, you need to include a cover letter with your personal information.

• Proof of Investment (Real estate purchases, business-related, property tax, capital deposit and so on)
• Federal Tax Authority to ensure you have a financial commitment to the government.
• Proof of Talent to showcase what you’re master in, or present your degrees or PhD in your relevant field.
• Personal identification like your passport copy which is valid for 6 months
• you need proof of your valid health insurance covering the UAE which gives you access to world-class healthcare facilities
• A certificate that proof the lack of criminal record of the country you’re residing in

This visa has positioned the UAE as an attractive destination for global talent and investment, further boosting its status as a hub for innovation and business. The UAE's Golden Visa is a long-term residency visa that allows foreigners to live, work, and study in the UAE without the need for a national sponsor. Introduced in 2019, the Golden Visa is designed to attract skilled professionals, investors, entrepreneurs, researchers, outstanding students, and specialized talent.