UAE Golden Visa: A Complete Guide

UAE golden visa offers multitude of benefits to investors & other people interested in setting up UAE as a base.

Eligibility, process & documents required.

UAE golden visa launched in 2019, started a new era of immigration in the UAE. The goal is to attract foreign investment and people of significant wealth & skills.

Benefits of UAE golden visa

• Stay in UAE for up to 10 years without the need for any sponsorship
• Work, study & do business
• 100% business ownership
• Multiple entries in & out of the UAE

Eligibility for UAE golden visa

There is a set of strict predefined criteria, some of the people who are eligible to get a UAE golden visa are:

• Investors, entrepreneurs, business owners
• Ph.D. holders and other highly educated individuals
• People with exceptional knowledge and talents
• Promising students in their fields

How can you apply for UAE golden visa as an investor?

You can apply for a 5-year golden visa or a 10-year golden visa. First and foremost, you need to have invested at least AED 2 million in a trade license to qualify to apply for UAE golden visa as an investor.

Other documents needed

1. Emirates ID
2. Passport
3. Medical insurance
4. Audit report for the last 2 years
5. Trade license  & certificate of the audit company
6. Personal bank statement for the last 6 months
7. Company bank statement for the last 6 months
8. VAT return certificate for the last 2 years
9. Free zone NOC to apply for a golden visa (if the company is under free zone

Other circumstances which allow you to apply for the golden visa as an investor are:

• If you have more than AED 2 million in the bank
• If you are an owner of a company that pays more than AED 250,000 in annual taxes
• Owner of a property that values more than AED 2 million

Document requirements for all scenarios remain almost the same.

The application process for the UAE golden visa:

1. Choose the category your qualify for
2. Collect documents needed to apply for the visa
3. Apply yourself or through a consultancy to avoid any hassles. Find out more about EXILLIUM’s services
4. Pay the fees
5. Wait for approval (72 hours to 2 weeks)
6. Cancel your current residence visa
7. Submit application
8. Get your Golden visa stamp on your passport

If you have any further questions about the golden visa, feel free to contact our team at [email protected]