The United Arab Emirates (UAE) has rapidly emerged as a global investment hub, offering attractive incentives for foreign investors. One such incentive is the UAE Golden Visa program, which grants long-term residency to eligible investors and their families.

The United Arab Emirates (UAE) has recently introduced UAE Golden Visa new rules, making it even more attractive for foreign investors.This program has significantly contributed to the country’s growth and development, attracting investors from various industries. 

In this blog post, we’ll explore what makes the UAE Golden Visa program a top destination for investment, as well as the numerous UAE Golden Visa benefits it provides.

What Is The UAE Golden Visa For Investors And Entrepreneurs?

The UAE Golden Visa is a long-term residency program designed to attract and retain foreign investors, entrepreneurs, and professionals who contribute significantly to the country’s economic growth. The program aims to bolster the UAE’s economy, foster a diverse and innovative environment, and facilitate the development of various sectors.

Eligibility Criteria For Golden Visa UAE Investors

The eligibility criteria for Golden Visa UAE is quite simple. Investors must invest a minimum amount in real estate, businesses, or other eligible projects to qualify for the UAE Golden Visa.

The Golden Visa UAE eligibility criteria include:

1. Investing in a property worth at least AED 5 million.
2. Establishing a business with a capital of at least AED 10 million.
3. Depositing at least AED 10 million in a UAE-based investment fund.
4. Partnering in an existing or new business with a minimum investment of AED 10 million.

The long-term UAE Golden Visa extends to your spouse, children, one chief executive director, and an advisor.

Types of UAE Golden Visas For Investors

10-Year UAE Long-Term Residence Visa:

To qualify for the 10-year UAE Golden Visa for investors, applicants must meet the following UAE Golden Visa requirements:

1. Investing at least AED 10 million in the public sector (UAE Investor Visa):

• Making a deposit in an investment fund
• Setting up a new company in the UAE with a capital of at least AED 10 million.
• Becoming a partner in an existing company with shares worth no less than AED 10 million.
• Ensuring the investment is not loaned and is maintained for at least three years.

5-Year UAE Long-Term Residence Visa:

To qualify for the 5-year UAE Golden Visa for investors, applicants must meet the following UAE Golden Visa requirements under one of the following categories:

1. Investing in a property in the UAE (UAE Investor Visa or Property Visa UAE):

• Property with a gross value of at least AED 5 million.
• Investment not obtained through a loan.
• Property maintained for at least three years.

2.  Being an entrepreneur with an existing project:

• Project with a minimum capital of AED 500,000
• Proof of the project’s viability and potential to contribute to the UAE economy.

Application Process Of UAE Golden Visa For Investors

In order to apply for Golden Visa UAE you need to follow the following steps:

Step 1 – Required Documents For Investors

Applicants for both the 10-year and 5-year UAE Golden Visas must provide several supporting documents depending on their Golden Visa UAE eligibility category . Some of the essential documents include:

1. Completed Golden Visa UAE application form
2. Passport copies for the applicant and their dependents (if applicable)
3. Passport-sized photographs
4. Bank statements for the past six months
5. Proof of investment (e.g., company registration documents, investment fund statements, property ownership documents)
6. Medical fitness reports for the applicant and dependents
7. Proof of comprehensive health insurance

Please note that this is not an exhaustive list, and additional documents may be required depending on the applicant’s specific case. It is advised to seek assistance from an expert like us to ensure a smooth application process.

Step 2 – Application Procedure

Applicants can submit their documents and complete the application process through the UAE’s online portal, Federal Authority for Identity and Citizenship (ICA) website, or at designated service centers.

Some of the steps involved in the application process are:

1. Register on the ICA website or visit a designated service center.
2. Complete the application form and provide the required documents.
3. Pay the necessary fees for the Golden Visa application.

Step 3 – Processing Time And Fees

The processing time for the Golden Visa application may vary depending on the type of visa and individual circumstances. Moreover, the fees for the Golden Visa application also depends on the type of visa and any additional services chosen, such as express processing or VIP services.

Step 4 – Medical Examination

Once your application is accepted, you and your dependents may be required to undergo medical tests at designated healthcare facilities within the UAE.

Step 5 – Security Clearance

The UAE authorities will conduct security clearances for all applicants. This process usually involves background checks and may take some time.

Step 6 – Visa Collection

Upon successful application approval, you can collect your Golden Visa through the typing center or designated channels as instructed by the authorities.

Navigating the complexities of the UAE Golden Visa application process can be challenging. At TASC Corporate Services, we have the expertise to guide you through each step and ensure a successful outcome. 

Unveiling the Benefits of the UAE Golden Visa: What Sets It Apart

The UAE Golden Visa unlocks a world of advantages for investors and individuals seeking a stable future in the region.

• Long-term residency (5 or 10 years) frees you from frequent renewals.
• Start and run businesses without a local sponsor, and fully own mainland companies.
• Bring your family with you – spouses and children can live, work, and study in the UAE under your visa.
• Enjoy tax-free living and world-class amenities in a safe and secure environment.
• The UAE’s strategic location offers access to diverse markets, making it ideal for business expansion.

With its unique UAE Golden Visa benefits, it sets itself apart as a premier residency option.

 

Navigating the Application Process: Tips and Insights

Let’s talk about navigating the UAE Golden Visa application! While it can seem complex at first glance, with some helpful insights and preparation, you’ll be well on your way to securing your residency.

1. Research & Plan: Stay updated with official resources and consult immigration professionals for accurate and current information.
2. Partner with a Typing Center: Choose a reliable, GDRFA-licensed center for expert guidance and streamlined Golden Visa UAE application process like TASC Corporation.
3. Prepare Documents Early: Gather all required documents well in advance, ensuring they are complete and accurate.
4. Fees & Submission: Submit your completed application, documents, and relevant fees to the chosen typing center.
5. Medical & Security: Be prepared for medical examinations and allow time for security clearances.
6. Visa Collection: Collect your Golden Visa through the designated channels upon successful approval.

Pro Tip: Seeking professional guidance like TASC Corporation can significantly enhance your application experience and ensure a smoother process.

TASC Corporate Services Is Your Trusted Partner In Securing UAE Golden Visa

The UAE Golden Visa offers a unique opportunity for high-net-worth individuals and foreign investors looking to establish a strong presence in the UAE’s thriving economy. With over 15+ years of local and global experience, TASC Corporate Services is your ideal partner to guide you through the complexities of the UAE Golden Visa new rules. Our strong on-the-ground presence in the UAE and our extensive knowledge of the local market enable us to provide tailored solutions and assistance throughout the entire application process.

By choosing TASC Corporate Services as your go-to partner, you can expect a seamless, hassle-free experience in obtaining the UAE Golden Visa, allowing you to focus on your Golden Visa investment UAE and personal goals. Our team of experts is dedicated to ensuring your success in this endeavor, providing personalized support and guidance every step of the way. So, why wait? Embark on your journey towards a prosperous future in the UAE with TASC Corporate Services by your side.

FAQ Section

What is the Golden Visa for investors in the UAE?

The Golden Visa, also known as the UAE Long-Term Residence Visa, is a special visa category designed for wealthy or highly skilled foreigners who wish to live and invest in the UAE. The visa is available in two types: a 10-year visa and a 5-year visa. Investors can qualify for the UAE Golden Visa by investing a substantial amount of money in the UAE’s public sector or property market.

Who is the sponsor of the Golden Visa?

Unlike other visa categories that require a sponsor, applicants can apply for Golden Visa UAE without a sponsor. For the UAE Investor Visa, the registered company serves as the sponsor, and for the UAE Property Visa, the property the applicant invests in serves as the sponsor.

How much investment is required for the UAE Golden Visa?

The Golden Visa investment UAE requirements depend on the type of visa:

For the 10-year UAE Golden Visa, applicants must invest at least AED 10 million in the UAE’s public sector. This can be done by making a deposit in an investment fund, setting up a new company with a capital of at least AED 10 million, or becoming a partner in an existing company with shares worth no less than AED 10 million.

For the 5-year UAE Golden Visa, applicants must invest at least AED 5 million in a property in the UAE.

Can investors get UAE citizenship?

While the UAE Golden Visa grants long-term residency to investors, it does not automatically lead to UAE citizenship.