what is a golden visa in dubai

what is a golden visa in dubai

1 year ago 37
Nature

A Golden Visa is a long-term residency visa that allows foreign nationals to live, work, study, and conduct business in the United Arab Emirates (UAE) without requiring a national sponsor. The Golden Visa program is designed to attract foreign investment and expertise to the UAE, and it offers a number of benefits to holders, including the ability to live and work in the country, access to top-quality education and healthcare, and the ability to sponsor family members for residence visas. The length of the Golden Visa is 5 or 10 years, depending on the category of the applicant, and it is renewable.

To be eligible for a Golden Visa, applicants must meet certain criteria, which vary depending on the category of the applicant. For example, investors may buy a property for AED 2 million ($545,000) in Dubai to get a UAE Golden Visa, while talented foreigners may need to demonstrate exceptional skills or make an outstanding contribution to the country. Applicants must also have a valid employment contract in a specialized field of priority in the UAE.

The application process for a Golden Visa may be more convenient than the one for other UAE visas, as investors do not need to search for an employer or another sponsor to get a UAE Golden Visa. The process involves submitting an application and the required documents, which may include a passport, a visa application form, a photograph, and proof of eligibility.

In summary, a Golden Visa in Dubai is a long-term residency visa that allows foreign nationals to live, work, study, and conduct business in the UAE without requiring a national sponsor. It is designed to attract foreign investment and expertise to the UAE and offers a number of benefits to holders. The eligibility criteria and application process vary depending on the category of the applicant.

Read Entire Article