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GOLDEN VISA IN UAE – In 2019, the UAE Government introduced the Golden Visa, a new system for long-term residence that enables foreigners to work, live, and study for a period of 5 or 10 years.

The UAE government implemented Golden Visa to honor and recognize its residents who have been here for the long term and contributed to the country’s achievements and development, to attract more business investment and development in the region. This initiative aims at appreciating competency and attracting more young talents to contribute to the progress of the country.

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Initially, Golden Visa was offered to people belonging to specific groups: investors, individuals with extraordinary talents, entrepreneurs, medical professionals, and outstanding students.

After that, in an update to the 2019 long-term residence program, in 2021 the UAE Government added categories, which included Ph.D. holders, top graduates from UAE accredited universities, UAE-based physicians and engineers.

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The eligibility criteria is different for the aforementioned categories due to the variation in the profession and qualification, the criteria for 5 and 10-year visas vary accordingly. Therefore, The UAE Cabinet Resolution No. 56 of 2018 Regarding the Organization of Residence Permits for Investors, Entrepreneurs and Professional Talent regulates granting Golden Visas to:

  • Investors
  • Entrepreneurs.
  • Bright students with promising scientific capabilities
  • Specialized talents and researchers in various fields of science and knowledge

1- What is the meaning of “Golden Visa” in the UAE?

The Golden visa in UAE is a long-term residency permit that allows foreign nationals to dwell, work, or study in the United Arab Emirates while also receiving special perks. Those who qualify for the Golden visa include entrepreneurs, investors, scientists, excellent students, recent graduates, front-line heroes, and humanitarian pioneers.

2- How much does a golden visa in UAE cost?

according to lawyer firms in dubai, a Golden visa in Dubai costs for those who are currently residents of the UAE range from AED 2,800 to AED 3,800. The cost of the Golden Visa for applicants outside of the UAE ranges from AED 3,800 to AED 4,800. The cost will vary according to service kind and visa status.

3- how to apply for golden visa uae for engineers?

  • A bachelor’s degree is required (or equivalent).
  • 5 years at least of work experience
  • The minimum monthly wage of 50,000 AED.
  • Valid Abu Dhabi employment contract.

4- How can I get Golden Card in UAE?

People with exceptional talents, such as inventors, innovators, and talents in vital fields such as culture, art, sports, and digital technology can apply for and obtain a UAE golden visa regardless of their educational qualification, employment status, monthly salary or professional level

If you seek advice about eligibility for Golden Visa and the application procedure, feel free to contact the best Dubai law firms to help you with all procedures to get a Golden visa in UAE.

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