Dubai Golden Visa
The United Arab Emirates, particularly Dubai, has long been a highly attractive destination for international investors and professionals, thanks to its business opportunities, high living standards, and tax benefits. Launched in 2019, the Dubai Golden Visa program enhances this appeal by offering long-term residency options to investors, entrepreneurs, and skilled professionals.
The Golden Visa is a renewable residency program in the UAE that offers 5- or 10-year residency permits. There are various application categories for obtaining the Golden Visa in Dubai, catering to a broad range of individuals, from investors and skilled professionals to scientists and artists. Golden Visa holders can live in Dubai without the need for a sponsor.
Dubai Golden Visa Categories and Requirements
1. Golden Visa for Investors
Individuals investing a minimum of AED 10 million (approximately USD 2.7 million) in Dubai can qualify for a 10-year Golden Visa. At least 60% of the investment must be in non-real estate sectors, and it should be financed by the applicant's own capital. This category is also known as the Dubai Investor Visa.
2. Golden Visa for Entrepreneurs
Entrepreneurs can apply for a 5-year Golden Visa by establishing a startup with a minimum capital of AED 500,000 (approximately USD 136,000). Applicants must submit a business plan and have a proven track record of success.
3. Golden Visa for Real Estate
Investors Individuals who purchase property worth at least AED 2 million (approximately USD 545,000) in Dubai can also qualify for the Golden Visa. The property must be held for at least three years.
4. Golden Visa for Qualified Professionals
Skilled professionals with a bachelor’s degree working in fields like science, engineering, healthcare, technology, or education can apply for the Dubai Golden Visa. This category offers long-term career opportunities in Dubai.
5. Golden Visa for Scientists and Researchers
Internationally recognized scientists can apply for a 10-year Golden Visa. Applications are reviewed by the Emirates Scientists Council.
6. Golden Visa for Artists and Creative Professionals
Individuals who have demonstrated excellence in arts, culture, or sports may qualify for the Golden Visa. Applications in this category are reviewed by the UAE Ministry of Culture and Youth.
7. Golden Visa for Outstanding Students
Students with exceptional academic achievements, including those who have earned top ranks in international competitions or graduated from top Dubai universities, are eligible for the Golden Visa.
Advantages of the Dubai Golden Visa
1. Long-Term Residency
The program offers 5- or 10-year residency, making it possible to live in Dubai for an extended period. Visas can be renewed upon expiration.
2. Family Sponsorship
Golden Visa holders can sponsor their spouse, children, and elderly parents.
3. Business and Employment Opportunities
Golden Visa holders are allowed to start businesses or work in Dubai.
4. Tax Benefits
Dubai offers zero income, capital gains, or inheritance taxes.
5. Property Ownership
Golden Visa holders can purchase real estate in Dubai.
6. Financial Flexibility
Visa holders can open bank accounts, apply for loans, and mortgages in Dubai.
How to Apply for the Dubai Golden Visa
1. Select Your Category
You can apply as an investor, entrepreneur, or professional.
2. Prepare the Necessary Documents
Depending on your category, gather your financial statements, business documents, or educational qualifications.
3. Submit Your Application Online
Applications are submitted through the UAE’s official immigration portals.
4. Application Review
Once submitted, your documents will be reviewed and evaluated.
5. Receive Your Golden Visa
Upon approval, you will gain long-term residency rights in Dubai.
The Dubai Golden Visa offers an attractive opportunity for investors, professionals, and entrepreneurs seeking long-term residency. For those looking to live and work in Dubai, this program provides significant benefits in terms of lifestyle and financial advantages. The flexibility to work, sponsor family members, and enjoy tax benefits makes the Golden Visa a compelling option for those wishing to reside in the UAE.
For more information or professional assistance with the application process, please reach us to schedule a call with our expert legal advisors specializing in the Dubai Golden Visa.
