1. What is the Golden Visa in Dubai?

2. Golden Visa Dubai – Latest Update

3.Benefits of obtaining Golden Visa UAE

• Long term Residency
• Saving of tax
• Business Opportunity
• Easy access to Healthcare

4. Who is eligible for the Dubai Golden Visa?

5. What are the documents required for a UAE Golden Visa?

6. How to Apply for a UAE Golden Visa?

7. How much does a Golden visa cost?

8. What is the processing time for UAE Golden Visa?

9. Golden Visa UAE validity

10. UAE Golden Visa Extension

A few years ago, the UAE government started a program called the “UAE Golden Visa.” It’s a way for people to get long-term residency in the UAE and take advantage of the country’s economy. Since it started, the Golden Visa has been really popular among people who want to settle down in the UAE permanently. With different categories and requirements, the Golden Visa is expected to make the UAE even more important in the global business and economy scene. Want to know more about this cool opportunity? Check out this blog to find out what documents you need, how to apply, and more. But first, let’s answer the question: What is the UAE Golden Visa?

What is the Golden Visa in Dubai?

The UAE Golden Visa, launched in 2019, lets international folks live, work, and run a business in Dubai or any other Emirate. If you’re a business owner, you can have full ownership without a local sponsor. The visa lasts 5 to 10 years and is easy to renew.

Golden Visa Dubai – Latest Update

The UAE government has extended the Golden Visa duration to 10 years for all categories, allowing individuals to stay and operate their business for an entire decade. Additionally, new eligible categories for the Golden Visa include senior scholars, clerics, industry and 4th industrial revolution specialists, healthcare experts, and education specialists.

Benefits of obtaining Golden Visa UAE

1. Long Term Residency

With the Golden Visa UAE, you can stay up to a decade in the nation along with the facility of extending it further for an indefinite period, provided that you meet the criteria.

2. Saving Of Tax

The UAE government does not have anything like income tax, resulting in saving a lot of your earnings.

3. Business Opportunity

Being a hotspot for businesses, the UAE Golden visa can offer you various possibilities to work in the growing economy of the nation.

4. Easy Access To Healthcare

If you are a resident of UAE, you and your family will have easy access to the best quality of healthcare.

5. Self- Sponsorship

In case you get a Golden Visa, you can sponsor your entire family members regardless of their ages.

Who is eligible for the Dubai Golden Visa?

Preachers And Religious Researchers

With its recent update, the government has announced the offering of a Golden visa to preachers, muftis along with the religious researchers who have committed their services to the nation. Such a decision focuses on appreciating the religious leaders and their contribution towards the welfare of society.

Real Estate Investors Being a real estate investor your UAE Golden visa process will be processed if you fulfill one of the following conditions:

• Buy A Property By Taking A Loan From A Specified Bank,
• Buy A Property Of No Less Than AED 2 Million, Or
• Buy More Than One Property Of No Less Than AED 2 Million From The Approved Local Estate Companies Mentioned By The UAE Government.

Public Investors

In case you invest in an investment company, then you might be eligible for a UAE golden visa for the duration of 10 years, depending upon the below conditions:

• Proof Of Investment Credited In The Fund Stating That He/She Has Deposited AED 2 Million, Or
• Proof Of Valid Industrial License, Clarifying That The Investor’s Capital Is Equal To Or More Than AED 2 Million.

Entrepreneurs And Startup Owners

Entrepreneurs can now get Dubai Golden Visa, on condition that their company has been registered with the UAE government. Moreover, it must come under the SME sector with an annual revenue of more than AED 1 million. However, an entrepreneur can also obtain it if:

• An Individual Is The Founder Of The Prior Entrepreneurial Project Which Was Later Sold With A Total Worth Of More Than AED 7 Million.
• Approval By The Ministry Of Economy For The Projects.

Exceptional Talents

Under this type of category, talented people whether in the field of art, sports, law, medicine, or any other who are eligible to apply for a Golden visa. These are as:

• Culture & Art
• Investors
• Athletes
• Doctoral Degree Holders

What are the documents required for a UAE Golden Visa?

To apply for a UAE Golden Visa, you just need a few documents.

• Passport: Your passport must be valid for at least 6 months from your visit date.
• Passport Size Photograph: Upload a clear image with a white background when you fill out the details.
• Other Documents: Sometimes, you might need to include other supporting documents with your application.

How to Apply for a UAE Golden Visa?

To apply for the UAE Golden Visa:

1. Visit the website or email hello@visabyali.com with passport copy and passport size photo.
2. Select the visa type.
3. Fill out details and upload necessary documents.
4. Pay the fees. Afterward, you’ll receive an email with your application details and E-visa number for easy status tracking.

How much does a Golden visa cost?

The UAE Golden Visa cost depends upon the type of visa category you will apply for. However, if you apply Golden Visa through VisaByAli, the cost varies from AED 7000 to AED 9500. Keep in mind that the cost of a Golden Visa varies, so contact with ALi before applying.

What is the processing time for UAE Golden Visa?

The normal processing time for the golden visa is 2 to 5 working days. However, this might vary depending upon the particular application and circumstances related to it. Moreover, if you wish to process it real quick, then with our express visa service, you can get it within 2 working days.

Golden Visa UAE validity

With its recent update, the validity of Golden Visa UAE is now 10 years rather than 5 years. This gives a wide selection of opportunities for individuals looking to obtain this visa.

Moreover, UAE Golden visa holders are qualified for 6 months of multiple entry. Along with this, if a Golden visa holder does not use the visa within the specific duration, he/she can extend their visa validity for a duration of 60 days once.

UAE Golden Visa Extension

As per the UAE government, you can extend your stay duration within the period for another 10 years depending upon the visa category. However, to extend you might need a valid passport and the latest photograph of you with a white background.