UAE Resident (Golden) Visa
The following investors can apply for a 5-year resident permit:
Real estate investors, if they meet the following conditions:
- An investment in real estate should have a total value from 5 million UAE dirhams;
- The property must be owned for a minimum of three years.
- The investment in real estate must not be a loan;
Entrepreneurs, if they meet the following conditions:
- A viable business plan with capital from 500,000 UAE dirhams or a letter of approval from an accredited business incubator in the UAE.
An entrepreneur can apply for a multi-entry visa for six months with the opportunity to extend it for another six months. Long-term UAE visas can also be issued to family members (spouse, children) as well as business partners and employees of the company.
10-year residency visa
There are different ways to qualify for the UAE 10-Year Residency Visa.
Investors: Investors with investments worth at least 10 million UAE dirhams can apply for a 10-year residency visa.
The Investor is defined as anyone who meets one of the following criteria:
- Establishment of the UAE company with a capital of a minimum of ten million UAE dirhams.
- A sum of at least ten million AED is deposited into a local investment fund;
- Investment of at least 10 million UAE Dirham, provided that investments in the economy sectors other than real estate make at least 60% of the total investment portfolio.
- Forming a partnership with an existing or a new company with shares worth at least 10 million AED
The investor should also comply with the following requirements:
- The amount invested must not be a loan;
- Investments must be maintained for at least three years;
- Financial solvency of up to 10 million UAE dirhams must be maintained
The visa can be granted to your partners if each of them contributes 10 million UAE dirhams too.
This visa can be also extended to one executive director and one advisor of the company, a spouse and children.
An investor should first obtain a multi-entry permit for six months before they can apply for a long-term resident visa.
Talented professionals: A talented professional is defined as a researcher in the field of science (inventors, doctors, specialists, scientists) as well as a designer or an artist. The visa benefit extends to the applicant’s spouse, children, and parents.
Applicants for a residency visa should have a valid employment contract within the UAE’s priority specialised industries and meet the following criteria:
- Scientists should be recipients of the Mohammed Bin Rashid Medal for Scientific Achievement or members of the Emirates Council of Scientists.
- Culture and arts professionals should be accredited by the Ministry of Culture and Youth of the UAE.
- Inventors should hold patents that contribute to the growth of the UAE economy. Patents should be approved by the Ministry of Economy.
- Exceptional talent must be documented with patents or scientific research published in reputed journals and scientific papers.
- The executives must either have a high academic standing or be the owners of a leading international company.
Specialists and PhD holders must satisfy at least two of the following requirements:
- The candidate shall hold a PhD from a university among the top 500 universities in the world.
- Be the recipient of honours and awards in the relevant professional field.
- Contribute to major research projects in a relevant scientific field.
- Be published in a well-known press or a scholarly book pertaining to the field of study.
- Participate in an organisation that is relevant to your field of work.
- The candidate should also have ten years of professional experience in a relevant field and possess a PhD.
- Specialize in areas of priority for the UAE.