You want to apply for the Golden Visa in the UAE but you have no clue whether you are eligible or not and what source of information to trust. In this piece we shall discuss which citizens are eligible for the visa as well the necessary assets needed. An individual is eligible to use for a 10-year visa while not a sponsor if his investments within the UAE are a minimum of Dh10 million. The same investments ought to be freed from any loans and may be preserved for a minimum of 3 years.
Under this category the investor – whereas applying for the residency visa – can also sponsor their spouse as well as any dependants they may have. Further, any individual that owns properties worth Dh5 million or more within the UAE is eligible to apply for a five-year visa. Under these categories, the properties ought to be preserved for a minimum of 3 years and there ought to be no loan on them.
Entrepreneurs within the UAE who own investments within the UAE that are valued at a minimum capital of Dh5 million also are eligible to apply for a five-year visa. Such entrepreneurs could also sponsor their spouse, dependents, one business partner and 3 executives.
Individuals that do not fall under the investor or entrepreneur categories could apply if they possess specialised skills. Individuals within the fields of science and information like doctors, specialists, scientists, inventors also as well as inventive people within the field of culture and art could apply also.
Other categories that can apply for the Golden Visa include:
Doctors and specialists should meet a minimum of two of the following conditions:
Further, outstanding students that are accepted in worldwide recognised colleges and universities within or outside the UAE could apply for the semi permanent residency visas. Those visas can also include their families. If anyone within the UAE falls underneath the categories mentioned above, they can apply for the Golden Visa directly through the website of the Federal Authority for Identity and Citizenship (ICA).
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