The Benefits of the Golden Visa UAE: Requirements and Advantages

The Golden Visa UAE program offers numerous benefits to investors and entrepreneurs looking to establish their presence in the Emirates. This visa, also known as the “Golden Investor Visa UAE,” provides a pathway for individuals to obtain long-term residency by meeting specific criteria. In this article, we will delve into the requirements and explore the advantages of the Golden Visa UAE.

Golden Visa UAE Requirements

To obtain a Golden Visa UAE, individuals must meet certain eligibility criteria and provide the necessary documents. Here are the main steps and demands to comply with:

Real Estate Investment:

One of the primary routes to securing a Golden Visa UAE is through real estate investment. Investors must purchase real estate in the UAE with a minimum value of AED 2,000,000 (approximately USD 545,000). It’s important to note that the property should have already completed construction, and it can only be sold after three years of ownership. These criteria also apply to properties under construction (off-plan investments) if they meet the minimum investment size, as well as residences purchased through mortgages. The investor’s personal funds invested in real estate must exceed AED 2,000,000 (USD 545,000).

Entrepreneurs:

Entrepreneurs with a minimum capital of AED 2,000,000 (USD 545,000) can also obtain a 10-year visa under the Golden Visa UAE program.

Other Categories Eligible for a 10-Year Visa in UAE:

Apart from real estate investors and entrepreneurs, the Golden Visa UAE is also available to award-winning scientists, researchers, highly skilled professionals in strategically important fields, outstanding talents, humanitarian pioneers, exceptional students, and graduates.

Other Categories Eligible for a 10-Year Visa in UAE:

Now, let’s explore the significant benefits of obtaining a Golden Visa UAE:

  1. 7th Highest GDP per Capita in the World: The UAE ranks 7th globally in terms of GDP per capita. Its economy is one of the most advanced in the world, characterized by a high income level driven by exports of oil and gas, tourism, financial services, and transportation logistics. Overall, the UAE’s economy continues to grow and develop, making it highly attractive to investors and entrepreneurs from around the world.
  2. Citizenship Eligibility after 30 Years of Residency: After residing in the UAE for 30 years, investors and their families can apply for citizenship. Exceptional achievements can lead to earlier citizenship eligibility. UAE citizens enjoy visa-free or visa-on-arrival access to 175 countries worldwide.
  3. Safety: The UAE is renowned for its safety, boasting very low crime rates. The government actively ensures the safety of both tourists and residents, making it a secure place to live and invest.
  4. Bank Account in the UAE: Holders of a residency visa can open bank accounts in the UAE in dirhams, dollars, or euros, facilitating financial transactions and investments.
  5. Tax Benefits: The UAE offers a favorable tax regime for foreign investors and entrepreneurs. Starting from June 1, 2023, the corporate tax rate in the UAE is 9% for companies with income exceeding AED 375,000 (approximately 9 million rubles).
  6. Duration: The Golden Visa UAE is issued for either 5 or 10 years, providing long-term stability and flexibility.
  7. Time Spent Abroad: Golden Visa holders can spend extended periods outside the UAE without affecting the validity of their visa, a significant advantage compared to standard residency visas.
  8. Visa-Free Entry to Gulf Countries: With a Golden Visa, you gain the privilege to visit Kuwait, Saudi Arabia, Qatar, Bahrain, and Oman without requiring a separate visa. Additionally, the European Union’s 2023 announcement of digitizing the tourist visa application process for UAE residents simplifies international

Procedure for Obtaining a Golden Visa through Real Estate Purchase

For those interested in the real estate investment route, here’s a brief overview of the application process:

1. Preliminary Check:

Duration: 1 day

A certified specialist reviews the investor’s documents to prepare for due diligence checks and identify potential issues.

2. Document Preparation:

Duration: 5 to 7 weeks

Lawyers compile a list of required documents for visa application, including translations, notarization, and attestation.

3. Real Estate Purchase:

Duration: 5 to 6 weeks (concurrent with document preparation)

Concurrently with document preparation, property selection and purchase can be done remotely.

4. Medical Examination in the UAE:

Duration: 1 to 5 days

The investor and family members over 18 undergo medical examinations, and a health certificate is issued for the residency visa.

5. Biometrics Collection and Visa Application Submission:

Duration: 1 day

Biometrics are collected at a UAE government services center, and documents are submitted for the residency visa.

6. Due Diligence Reliability Check:

Duration: 5 to 30 days

Applicants undergo a due diligence reliability check to confirm their eligibility.

7. Receipt of Residency Visa:

Duration: 1 day

Upon approval, the investor and family receive identity cards with the residency visa stamped on their passports.

The Golden Visa UAE offers a gateway to long-term residency in a country known for its economic prosperity, safety, and global connectivity. Whether you are an investor, entrepreneur, scientist, or outstanding talent, this program provides an opportunity to reap the myriad benefits of residing in the United Arab Emirates

List of Required Documents for UAE golden visa:

  • Applicant’s and family members’ passports.
  • Marriage certificate.
  • Completed application.
  • Photos for each family member.
  • Medical certificates.
  • Police clearance certificate.
  • Paid consular fee.
  • Title of the propriety deed.

How Long Does the Golden Visa Application Process Take?

Approximately 3 weeks after having submitted the application.

Eastern Region Group stands as the sole company offering investors the exclusive opportunity to attain a decade-long Golden Visa in the UAE with a minimal investment of just 70,000 euros, all while bypassing the need for real estate investments.

We provide services for obtaining a Golden Visa in the UAE, including consultations on requirements and procedures, document preparation, guidance at all stages of the process, and comprehensive information on opportunities available to Golden Visa holders. We guarantee high-quality services and an individual approach to each client to ensure a successful acquisition of the Golden Visa in the UAE.

Want to learn more about special UAE visas? Read our article on retirement visa in UAE.

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